Abstract
The Republic of Korea (henceforth Korea) experienced a substantial change in wage differentials in the 1980s. Earnings inequality steadily declined in Korea while it grew in many developed countries. Educational wage differentials expanded in these countries, but fell in Korea (Davis, 1992).
We would like to acknowledge Professor Akira Ono (Hitotsubashi University, Japan). He allowed us to utilize the micro data of the 1985 Occupational Wage Survey (OWS) which he originally modified. We are also grateful to the Korea Labour Institute for permitting us to use the micro data of the 1989 OWS.
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© 1998 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Genda, Y., Yee, SY. (1998). Korea: Wage Determination and Labour Turnover. In: Tachibanaki, T. (eds) Wage Differentials. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26281-6_3
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DOI: https://doi.org/10.1007/978-1-349-26281-6_3
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