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Labor market behavior in the Republic of Korea : an analysis of wages and their impact on the economy (Английский)

Attention is rarely called to the supportive role that the Korean labor market has played over the last twenty years. In this paper, recent macroeconomic events serve as a backdrop to examining a variety of aspects of the Korean labor market. The evolution of the wage structure of the formal economy is analyzed according to sectoral dimensions, as well as worker and firm characteristics. In addition, aspects of Korean compensation systems and employment...
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