Korean Abstract: 국내 가맹시장의 모습이 건강해 보이지 않는다. 사업체들이 외식업에 지나치게 편중된 데다 직영점 운영 경험이 없는 본부들이 많아 개별 점포들이 성장하기 어려운 환경이다. 게다가 가맹 계약조건들은 본부와...

Korea's franchise market is wavering. Amid the heavy concentration of food service businesses and the high number of inexperienced franchisors, franchisees have had little opportunity to grow. Moreover, the terms and conditions of franchise agreements have become a source of contention due to...

The private brands (PB) of corporate retailers are booming in Korea. This paper examines the effect of the rise of PB on Korean retail and manufacturing. By utilizing both store-level data and firm-level data, I find that the expansion of PB elevates the profits of corporate retailers but does...

We describe the current state and recent trends in the landscape of social security programs in China, Mexico, and India. A common thread across these countries is the introduction and recent expansion of old-age pension programs with noncontributory components. We use surveys from the...

Korean Abstract: 중소기업 적합업종 지정제도(이하 ‘적합업종제도')의 경제적 실효성 논란은 도입시기부터 3년이 지난 지금까지 지속적으로 제기되어 왔다. 업종 선정에 수반되는 사전적인 검증과정이 업계의 동의를 이끌어 낼...

China's rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to consume of rural residents have surpassed those of their urban counterparts, with the former's consumption patterns becoming increasingly similar to the...

Continued improvements in life expectancy and fiscal insolvency of public pensions have led to an increase in pension entitlement ages in several countries, but its consequences for subjective well-being are largely unknown.Financial consequences of retirement complicate the estimation of...

How does retirement influence subjective well-being? Some studies suggest retirement does not affect subjective well-being or may improve it. Others suggest it adversely affects it. This paper aims at advancing our understanding of the effect of retirement on subjective well-being by (1) using...

This paper examines the aspects of changes in China's consumer market since the mid-1980s. By comparing urban and rural residents' expenditures, I find that the rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to...

Korean Abstract: PB상품 시장의 성장으로 기업형 유통업체의 이익은 증가하였으나 하청 제조업체의 이익은 변함이 없거나 감소한 경향이 나타났다. 자사 NB와 유사한 PB가 출시되어 자기잠식 효과가 컸던 데다, 거래상 지위의...