Cheolsung Park

Abstract Test of resource pooling and test of effect of sex ratio in the marriage market on intrahousehold resource allocation are combined to test the unitary household model. The consistency condition between the two tests is derived to test the Nash household bargaining and Pareto‐efficient household models. I examine intrahousehold resource allocation to children's nutrition and education in Indonesia. For children's nutrition, the unitary household model is rejected in favour of the non‐uni

Using data from rural Bangladesh, I test whether income risks are pooled among villagers, between neighboring households, and between related households living in different villages. I find evidence that risks to food consumption are pooled between neighboring households and between related households but not among villagers. As for nonfood consumption, I find little evidence of risk pooling except between unrelated neighboring households. I also find that, while households belonging to a neighb

10.1086/375014

이 논문은 학부모의 학교 교육에 대한 만족도와 다른 요인이 중학생의 사교육 수요에 어떤 영향을 끼치는지 한국교육개발원의 한국교육종단연구의 자료를 이용하여 실증 분석한다. 학부모의 학교 교육에 대한 만족도가 상승할수록 대체적으로 사교육 수요는 감소하나 그 영향의 크기는 매우 작고, 특히 평균 사교육비와 사교육 참가시간이 가장 큰 3학년 때에는 학부모의 학교 교육에 대한 만족도는 사교육 수요에 영향을 주지 않는 것으로 나타났다. 또한, 학교의 특성들 가운데 대부분은 사교육 수요에 영향을 주지 않는 것으로 추정되었다. 이는 한국의 사교육 수요의 상당 부분, 특히 입시에 직면한 고학년의 사교육 수요는 인적 자본에 대한 투자라기보다는 순위 경쟁에서 이기기 위한 투자라는 것을 시사한다.

주5일 근무제도의 노동시장 외적 효과를 개인-일자리 고정효과 모형을 이용하여 추정한 결과 직장에서 주5일 근무제도의 실시는 근로자의 주관적 건강상태를 향상시키고 운동 횟수를 늘렸으며, 직업훈련 외의 교육이나 연수를 받을 확률을 늘리고 근로자의 주관적 삶의 질을 향상시킨 것으로 나타났다. 또한 문화 활동이나 여가에 사용하는 지출을 늘렸으며 근로자가 일과 직장에 대해 갖는 만족도도 높인 것으로 나타났다. 효과의 상당 부분은 단순한근로시간의 단축보다는 휴일이 추가된 것에 기인한 것으로 추정되었다.

This paper discusses the economic value of college education as well as general education. Major findings are as follows: First, the rate of return to one more year of education in college, in Korea, ranges from 9% to 17%, depending on the demand and supply conditions in the labor market. Second, the returns to education increase when the economic environment is in the dynamic and rapidly changing state rather than it is in the steady state. Finally, “general education” is more important than “p

This work was supported by the research fund of Hanyang University (HY-2012-G). I thank Chanhui Kang for providing me with the data of the average CSAT scores of universities. I also thank two anonymous referees for their helpful comments and suggestions. Any remaining error, if any, is mine.

We examine whether the effect of sibship size on education differs by the individual's birth order in low-income countries, using data from Matlab, Bangladesh. Exploiting exposure to the randomized family planning program in Matlab for identification, we find evidence that sibship size has negative effect on education and positive effect on labor force participation of the first and the second-born children, but no significant effect on education or labor force participation of the later-born ch

Exploiting new data from South Korea on intergenerational transfers made in regular and irregular intervals, I examine what determines and motivates upstream transfers. The results indicate that regular transfers are largely motivated by altruism, but that irregular and in-kind transfers are unresponsive to parental economic need. The findings imply that public old-age support would crowd out regular transfers to some extent. It is also found that roles are divided among siblings in supporting t

In this paper, we estimate the impact of non-cognitive ability on the labor market performance in Korea using Korean Labor and Income Panel Study (KLIPS) data. Non-cognitive ability is measured by ‘self-esteem’ and ‘locus of control’ scores. Our findings are as follows. First, the rate of return to education is still estimated to be substantial, but somewhat smaller, when non-cognitive ability is controlled for in the estimation. Specifically, one additional year of college education is estimate

We examine whether having a holiday trip affects an individual’s well-being, namely quality of life, health status, stress level and health behaviours. We use the two-stage estimation method to control for endogeneity of a travel experience, exploiting a natural experiment of distributing Travel Vouchers at random among qualified applicants in South Korea in 2012. We find that, for applicants whose decision to travel is influenced by receiving a voucher, a travel experience has no significant ef