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The Effect of Military Service on Wages in Korea

군 복무 여부가 임금결정에 미치는 효과

Eom, Dong-Wook
엄동욱

  • Published : 2009.08.31

Abstract

Interest about the effect of military service is increasing because of the renewal of military service incentive system in Korea. In the background, men has been experienced which suffer monetary and non-monetary damages through the compulsory military service in Korea. However there are few studies that analyze the labor market effect of military service. This study takes advantage of male worker's data of 10th KLIPS(Korea Labor & Income Panel Survey) in 2007 and analyze the wage effect of military service. According to empirical result using Mincerian earnings function, the positive effect of military service appeared. These result shows men who finished military duty have an monetary advantage in Korean labor market unlike general perceptions on military service.

Keywords

Compulsory military service;human capital;Mincerian earnings function;Korean Labor & Income Panel Survey

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Cited by

  1. Compulsory military service, civilian wages, and retirement decision vol.39, pp.1, 2018, https://doi.org/10.1108/IJM-04-2016-0094