Technological Change and Educational Wage Differentials in Korea

Technological Change and Educational Wage Differentials in Korea PDF Author: Kang-sik Chʻoe
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 48

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Technological Change and Educational Wage Differentials in Korea

Technological Change and Educational Wage Differentials in Korea PDF Author: Kang-sik Chʻoe
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 48

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Book Description


Investment in Education, Technological Change, and the Structure of Wage Differentials in Developing Countries

Investment in Education, Technological Change, and the Structure of Wage Differentials in Developing Countries PDF Author: Kang-sik Chʻoe
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 164

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Technology, Computers, and Wages

Technology, Computers, and Wages PDF Author: Chris N. Sakellariou
Publisher: World Bank Publications
ISBN:
Category : Computer users
Languages : en
Pages : 32

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Book Description
Increasing returns to schooling and rising inequality are well documented for industrial countries and for some developing countries. The growing demand for skills is associated with recent technological developments. The authors argue that computers in the workplace represent one manifestation of these changes. Research in the United States and industrial countries documents a premium for computer use. But there is recent evidence suggesting that computer skills by themselves do not command a wage premium. The authors review the literature and use data from a survey of higher education graduates in Vietnam. The results support the unobserved heterogeneity explanation for computer wage premiums. They suggest that computers may make the productive workers even more productive. However, given the scarcity of computers in low-income countries, an operational strategy of increasing computer availability and skills would seem to offer considerable hope for increasing the incomes of the poor.

Korea and the Knowledge-based Economy

Korea and the Knowledge-based Economy PDF Author: Carl J. Dahlman
Publisher: World Bank Publications
ISBN: 9780821348819
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Korea is a country with limited natural resources, which has developed through a strategy of industrialisation and the economies of scale. However this is being challenged by the rise of knowledge as a principal driver of competitiveness. This book is the result of a joint study by the OECD and the World Bank to develop a comprehensive set of national policy responses to the knowledge revolution. It concentrates on four areas: 1) an institutional and economic regime that provides incentives for the creation of new knowledge and its efficient use; 2) an educated and entrepreneurial population; 3) a dynamic information infrastructure; 4) an efficient system of innovation.

Confronting South Korea's Next Crisis

Confronting South Korea's Next Crisis PDF Author: Jaejoon Woo
Publisher: Oxford University Press
ISBN: 0198864426
Category : Korea (South)
Languages : en
Pages : 647

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Book Description
South Korea's economic miracle is a well-known story. However, today Korea is confronting a new set of internal and external risks, which may foreshadow the next crisis. The Korean economy has been struggling with the faltering growth momentum and the rise of unprecedented socio-economic problems over recent years well before the pandemic crisis. After abrupt downshifts to markedly slower growth in the early 2000s, economic growth has continued to decelerate. Koreans are grappling with slow income growth, all time-high household debt, high youth unemployment, inequality, and social polarization. Politics is in disarray and is incapable of directing social discourse for the common good. Rapid population aging along with the world's lowest fertility rates stokes fears of Japanification. Simultaneously, disruptive technologies and fast-changing business environment such as the rise of China clash with a range of long-standing structural problems. The contemporary challenges are radically different from those seen in the early stages of industrialization. There are multiple risks that threaten to self-perpetuate low or stagnant growth over the next decade or so, if not an outright financial crisis. Motivated by these latest developments, this book seeks to provide a timely and in-depth analysis of key current issues and foreseeable challenges of the economy, with a provocative reassessment of its future. Based on extensive new empirical works, it examines the underlying causes of the socio-economic problems. In a constructive spirit, it puts in perspective what would constitute critical elements of ideal policy solutions and the direction of the future government's role.

Education, Skills, and Technical Change

Education, Skills, and Technical Change PDF Author: Charles R. Hulten
Publisher: University of Chicago Press
ISBN: 022656794X
Category : Business & Economics
Languages : en
Pages : 528

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Book Description
Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas—such as growth accounting, skill development, higher education, and immigration—and also examines how well students are being prepared for the current and future world of work.

A Reversal of Fortune for Korean Women

A Reversal of Fortune for Korean Women PDF Author: Yana van der Meulen Rodgers
Publisher: World Bank Publications
ISBN:
Category : Educacion de la mujer - Corea
Languages : en
Pages : 48

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Human Capital and Development

Human Capital and Development PDF Author: Ju-Ho Lee
Publisher: Edward Elgar Publishing
ISBN: 1786436973
Category : Economic development
Languages : en
Pages : 431

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Book Description
During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.

Center Discussion Paper

Center Discussion Paper PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 442

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Inequality and the Labor Market

Inequality and the Labor Market PDF Author: Sharon Block
Publisher: Brookings Institution Press
ISBN: 0815738811
Category : Law
Languages : en
Pages : 263

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Book Description
Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.