Korea: Wage Determination and Labour Turnover

  • Yuji Genda
  • Seung-Yeol Yee


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).


Wage Differential Wage Premium Wage Growth Japanese Firm Wage Determination 
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© Palgrave Macmillan, a division of Macmillan Publishers Limited 1998

Authors and Affiliations

  • Yuji Genda
  • Seung-Yeol Yee

There are no affiliations available

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