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Transition from School to Work before and after the '97 Korean Economic Crisis: Macroeconomic Context and Differential Impacts of EducationTransition from School to Work before and after the '97 Korean Economic Crisis: Macroeconomic Context and Differential Impacts of Education

Other Titles
Transition from School to Work before and after the '97 Korean Economic Crisis: Macroeconomic Context and Differential Impacts of Education
Authors
우해봉윤인진
Issue Date
2010
Publisher
한국사회학회
Keywords
transition from school to work; the 1997 Korean economic crisis; educational attainment; labor market outcomes
Citation
한국사회학, v.44, no.6, pp.87 - 110
Indexed
KCI
Journal Title
한국사회학
Volume
44
Number
6
Start Page
87
End Page
110
URI
https://scholar.korea.ac.kr/handle/2021.sw.korea/117954
ISSN
1225-0120
Abstract
Using the Korean Labor and Income Panel Study, this study examined the impact of the 1997Korean economic crisis on the transition from school to work among young Koreans. More specifically, this study analyzed the duration to the first-job after school and the type of work arrangements and occupational status of the first job before and after the economic crisis. Results show that the effect of labor-market transition timing varied across education levels. Highly educated young Koreans who entered the labor market since the crisis were at greater risk of first-job attainment compared to their pre-crisis counterparts but this was not the case for poorly educated young Koreans. Also, results show that educational differences in the risk of first-job attainment were much larger for males than for females since the crisis. Finally,regarding the quality of first jobs, the post-crisis cohort was significantly associated with nonstandard work and lower occupational status, regardless of the educational level.
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