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Autor:innen: 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 7287
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
This study examines the impact of inflows of foreign workers on Korean natives' economic performance - namely, employment - through the Employment Permit System, the basis of Korea's system by which to introduce low-skilled immigrants. Using National Employment Insurance data, analyses reveal that the adjustment cost related to the introduction of foreign workers was not substantial over the 2004-2005 period. However, a substitution effect exists between the employment of foreign and native workers in the service industry and among less-educated natives. The results suggest that policy assistance is needed to lessen the impacts caused by inflows of foreign workers and to enhance adjustments within the labor market on a sector-by-sector basis.
Schlagwörter: 
employment permit system
low-skilled immigrants
employment of natives
adjustment costs
JEL: 
F22
J61
J63
Dokumentart: 
Working Paper

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