This study examines the return to education in South Korea by comparing metropolitan areas with non-metropolitan areas. It utilizes the Korean Labor and Income Panel Study from 2018 and 2019 for analysis, alongside the Mincer equation. The findings indicate that female workers have a higher return to education compared to male workers. The Oaxaca…

The socioeconomic gap in participation at university is an enduring policy issue in South Korea, as in many other countries. However, less attention has been paid to the socioeconomic gap in the outcomes from tertiary education. This paper addresses this gap in the literature, using the Korean Education and Employment Panel (KEEP) data to…

This study analyses the effects of institutional stratification in higher education systems on graduates' wages in engineering fields in Germany and Korea. We use survey data from the Korean 2013 Graduates Occupational Mobility Survey (GOMS) and the German 2013 Graduate Survey Cooperation Project (KOAB). For Korea, where the higher education…

This paper investigates empirically the role of research publications in an academic reward structure in Korea. Our sample includes 145 universities and colleges in Korea. Publication data for the academic year of 2012 show that top-tier research schools published more in international journals, while domestic journal publications were dominated…

This study analyzed university and college graduates' income gap in South Korea to investigate factors influencing such disparities. Specifically, this study focused on types of higher education institutions and academic disciplines among the many factors affecting post-graduation income differences, using a hierarchical linear model. According to…

Purpose: The purpose of this paper is to ascertain the status of recent Korean four-year college students' acquisition of vocational qualification certificates (hereinafter "certificates" or "qualifications"), the factors that influence certificate acquisition, and the resulting employment and wage effects.…

Obtaining a tertiary degree no longer guarantees entry to the best occupational positions in today's labour market. Success is no longer about "more" education, but about "better" education for university graduates. This study aims to understand whether university prestige in Korea accounts for occupational outcomes in both…

The paper critically reviews the results of Korean massification in higher education (HE) and focuses on the consequences related to graduate employment. By analysing statistical data and reviewing related articles, this study explores the process of the massification of HE, investigates major factors influencing the expansion, and analyses and…

The failures of previous studies to demonstrate productivity differences across different percentages of incentive pay may be partially due to insufficient simulation fidelity. The present study compared the effects of different percentages of incentive pay using a more advanced simulation method. Three payment methods were tested: hourly,…