초록

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Abstract ▼ AI-Helper

Comparing any other countries in the world, Korea is one of the countries that has rapidly turned into the aging society. under the current circumstance, it must be very meaningful study to analysis on working decision for the aged person. This study tries to segregate the aged people into two gro...

Comparing any other countries in the world, Korea is one of the countries that has rapidly turned into the aging society. under the current circumstance, it must be very meaningful study to analysis on working decision for the aged person. This study tries to segregate the aged people into two groups: the semi-aged group(people from 50 to 64 years old) and the aged group(people more than 65 years old). Then it attempts to analysis on the working decision between two groups defined above. For the purpose of the study, this study utilized . Using the sample data that contains 8,688 individuals over 50 years old, this study estimates a bivariate logit model and a multinomial logit model for the working decision for work-not to work and labor income-non labor income. Based upon the empirical results, the determinants of working decision for the semi-aged and the aged groups are somehow different from each other. In order to improve the quality of the aged people by providing a good opportunity to take a job, the policy should be more specifically applied based on the different aged group.

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