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How Does Job Mobility Affect Inequality? Evidence from the South Korean Economic Crisis

Bibliographic Data

ID18978619
AuthorsSeongsoo Choi (0000-0002-0408-9394, National Research University Higher School of Economics, corresponding author)
Year2016
Volume94
Issue3
Pages1045-1073
Publication date2016-03-01
Open AccessNo
TypeARTICLE
VenueSocial Forces (JOURNAL)
Journal identifiersISSN: 0037-7732 • E-ISSN: 1534-7605
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/sf/sov095
OpenAlexW2300060288
LanguageEN
Citations received5
References cited30

Previous research suggests that increasing job mobility leads to increasing economic inequality. In this study, I argue that an increase in job mobility can be inequality reducing, depending on the macro-structural context in which job changes become more frequent. I demonstrate empirical evidence by applying a new analytical approach to data from the South Korean economic crisis of the late 1990s. I find that rates of job transitions increased significantly during and after the economic crisis, and that more frequent movements between jobs ameliorated the rising trend in inequality: in other words, inequality in occupational status after the crisis would have been even greater had it not been for changes in the pattern of transitions between jobs

Affect (linguistics) · Demographic economics · Development economics · Economics · Inequality · Labour economics · Employment and Welfare Studies · Labor market dynamics and wage inequality · Mathematics · Migration and Labor Dynamics · Psychology

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Citations per year0.63
Citation span2018 - 2022 (5)
Highly citedNo

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