The Effect Of Education On The Well-Being Of Korean Women, 1980-2001

Abstract

This paper examines the relationship between education and the well-being of Korean women during the period 1980-2001. The past 19 years has seen dramatic changes in the well-being of women and in their economic status. A broad range of indicators are considered to capture changes in women's well-being, notably education, labor force participation, wages, employment, unemployment, and occupational distributions. This paper compares well-being experiences between male and female workers, focusing on labor market indicators. This study uses extremely rich nation-wide aggregate statistics for performing decompositions to explain the trends of Korean women’s well-being and economic development. Our main finding is that from 1980 to 2001 the well-being of Korean women increased quite markedly.