Changes in Korean Wage Inequality, 1980-2005

  title={Changes in Korean Wage Inequality, 1980-2005},
  author={Byung Hak Kang and Joao Lin Yun},
Changes in Korean Wage Inequality, 1980−2005 Korea is known not only for rapid economic growth but also relatively low wage inequality. It is one of the few countries in which wage inequality decreased during the 1980s, though in recent years wage inequality has increased. This paper studies what factors contributed to the changes in wage inequality during the last two decades. This paper implements a recently developed Oaxaca-type inequality decomposition method to decompose “U” shaped changes… CONTINUE READING

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