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Returns to Education and Skills in the Labor Market: Evidence from Japan and Korea

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  • Jong-Wha Lee
  • Dainn Wie

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  • Jong-Wha Lee & Dainn Wie, 2017. "Returns to Education and Skills in the Labor Market: Evidence from Japan and Korea," Asian Economic Policy Review, Japan Center for Economic Research, vol. 12(1), pages 139-160, January.
    • Handle: RePEc:bla:asiapr:v:12:y:2017:i:1:p:139-160
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    File URL: http://hdl.handle.net/10.1111/aepr.12169
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    References listed on IDEAS

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    1. Joseph G. Altonji & Charles R. Pierret, 2001. "Employer Learning and Statistical Discrimination," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 313-350.
    2. Hanushek, Eric A. & Schwerdt, Guido & Wiederhold, Simon & Woessmann, Ludger, 2015. "Returns to skills around the world: Evidence from PIAAC," European Economic Review, Elsevier, vol. 73(C), pages 103-130.
    3. Oaxaca, Ronald, 1973. "Male-Female Wage Differentials in Urban Labor Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 693-709, October.
    4. Hanol Lee & Jong‐Wha Lee & Eunbi Song, 2016. "Effects of Educational Mistmatch on Wages in the Korean Labor Market," Asian Economic Journal, East Asian Economic Association, vol. 30(4), pages 375-400, December.
    5. Eric A. Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Journal of Economic Literature, American Economic Association, vol. 46(3), pages 607-668, September.
    6. Nakabayashi, Masaki, 2011. "Schooling, employer learning, and internal labor market effect: Wage dynamics and human capital investment in the Japanese steel industry, 1930-1960s," MPRA Paper 30597, University Library of Munich, Germany.
    7. Alan S. Blinder, 1973. "Wage Discrimination: Reduced Form and Structural Estimates," Journal of Human Resources, University of Wisconsin Press, vol. 8(4), pages 436-455.
    8. Araki, Shota & Kawaguchi, Daiji & Onozuka, Yuki, 2016. "University prestige, performance evaluation, and promotion: Estimating the employer learning model using personnel datasets," Labour Economics, Elsevier, vol. 41(C), pages 135-148.
    9. Stijn Broecke, 2015. "Experience and the returns to education and skill in OECD countries: Evidence of employer learning?," OECD Journal: Economic Studies, OECD Publishing, vol. 2015(1), pages 123-147.
    10. Juhn, Chinhui & Murphy, Kevin M & Pierce, Brooks, 1993. "Wage Inequality and the Rise in Returns to Skill," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 410-442, June.
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    Cited by:

    1. Takatoshi Ito & Kazumasa Iwata & Jong-Wha Lee & Colin McKenzie & Shujiro Urata, 2017. "Labor, Health and Education in Asia-Analysis of Micro Data: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 12(1), pages 1-17, January.
    2. Jithitikulchai, Theepakorn, 2020. "Labour Skills, Economic Returns, and Automatability in Thailand," MPRA Paper 119748, University Library of Munich, Germany.
    3. Han, Jong-Suk & Lee, Jong-Wha, 2020. "Demographic change, human capital, and economic growth in Korea," Japan and the World Economy, Elsevier, vol. 53(C).
    4. Daiji Kawaguchi, 2017. "Comment on “Returns to Education and Skills in the Labor Market: Evidence from Japan and Korea”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 12(1), pages 161-162, January.
    5. Hanol Lee & Jong‐Wha Lee & Eunbi Song, 2016. "Effects of Educational Mistmatch on Wages in the Korean Labor Market," Asian Economic Journal, East Asian Economic Association, vol. 30(4), pages 375-400, December.
    6. Fumihiko Suga, 2020. "The returns to postgraduate education in Japan," The Japanese Economic Review, Springer, vol. 71(4), pages 571-596, October.
    7. Lee, Jong-Wha & Kwak, Do Won & Song, Eunbi, 2022. "Can older workers stay productive? The role of ICT skills and training," Journal of Asian Economics, Elsevier, vol. 79(C).

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