This paper examines the differences between the subsequent careers of high school and college graduate workers based on a direct role of college graduation with regard to the revelation of workers' individual abilities. Using NLSY79, we document a positive relationship between off-the-job...

- Estimating the causal effect of the standard 40-hour workweek policy (2004-11) on the annual output per worker showed an increase of 1.5% at manufacturing establishments with 10-plus employees. - The policy reduced the standard workweek from 44 to 40 hours and was gradually implemented in...

- Regulations on the use of non-regular workers can encourage the conversion to regular workers and reduce firms' labor use. They can also increase the use of non-regular employment types that are not subject to the law. - An analysis on the impact of the non-regular employment protection law...

This paper examines whether imposing minimum wage alters the characteristics of new businesses. Applying a difference-in-differences framework to repeated cross-sectional data of new plants, we explore the impact of minimum wage introduction on characteristics of new plants in South Korea. We...

In this paper, we examine the dynamic effect of tobacco control policies on tobacco consumption using the recent implementation of such policies in Korea. The results show that such policies discretely reduce the incidence and amount of tobacco consumptions. We document that after the initial...

This paper examines the impact of college education on workers' subsequent careers, based on a direct role of college graduation on the revelation of workers' individual ability. Using NLSY79, we document a positive relationship between ability and signaling behavior for high school graduates...