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Recent Changes in Women’s Occupation and Wages in Korea

Author Heeseon Choi Date 2016.10.28 Page 75
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Unlike other OECD countries, the gender wage gap has persisted
in Korea since the global economic crisis of 2008. Currently,
the gender wage gap in Korea is the largest among OECD
countries. In most OECD countries, the gender wage gap decreased
after the global economic crisis with its damages disproportionately
concentrated on male jobs. Contrasting performances
of female labor market between Korea and other OECD
countries after the global economic crisis are related with the fact
that Korea was relatively immune to the global economic crisis
unlike other OECD countries. Therefore, the factor of long-run
trend is important to explain the recent changes in women’s occupations
and wages in Korea more than the factor of business cycle.