NEW POLICIES FOR KOREA’S AGING LABOR FORCE: THE ROLE OF CONTRACTUAL MANDATORY RETIREMENT

목차 (Table of Contents)

• 1 INTRODUCTION /3
• 2 REVIEW OF THE EXPERIENCE OF OTHER NATIONS /4
• Figure 1: Average effective age of labour-market exit, normal pensionable age and
• country GDP at PPP (2004-101 /0)5
• 3 LABOR MARKET PERFORMANCE /8
• i Youth unemployment and older workers /8
• Figure 2: Percentage of 55-59 and 20-24 years in employment in OECD nations (2009) /9
• Figure 3: Unemployment rates by jurisdiction and date of the elimination on contractual mandatory retirement (1980-2002) /10
• ii Age and worker productivity /11
• iii Age and worker compensation /12
• vi Japan /13
• v Summary /14
• 4 THE KOREAN CASE /14
• i Working lives /15
• Figure 4: Average labor force participation rates for Korean men (1955 to 2005) /15
• ii Worker preferences /16
• iii Seniority-based wages /16
• iv Human rights /17
• 5 WHAT IF? /18
• 6 CONCLUSIONS /19
• 7 RESEARCH AND POLICY RECOMMENDATIONS /21
• REFERENCES /22
• Acknowledgements /27