|
KMID : 1124020050210020029
|
|
Korean Social Security Studies
2005 Volume.21 No. 2 p.29 ~ p.53
|
|
|
The Effect of the Early Reemployment Bonus System in Korea
|
|
Yoo Kil-sang
Seong Jae-Min
|
|
|
Abstract
|
|
|
|
The Early Reemployment Bonus System is one of the characteristics of the Korean Employment Insurance System which focuses preventing abuse of unemployment benefits and encouraging active job search and participation in vocational training of the recipients of unemployment benefits. This paper analyzes the effects of the Early Reemployment Bonus System on activating the job search efforts of the recipients of unemployment benefits and thereby encouraging early reemployment in Korea. The data used in this analysis is the follow-up survey on recipients of unemployment benefits done by the Korea Labor Institute in 2004. Those who knew the Early Reemployment Bonus System out of recipients of unemployment benefits in the period from March to May in 2003 responded that the Early Reemployment Bonus System had to some extent positive effect in inducing their active job search activities. The results of statistical analysis also showed the Early Reemployment Bonus System significantly reduced the unemployment spell of the recipients of the Early Reemployment Bonus.
|
|
|
KEYWORD
|
|
|
unemployment insurance, unemployment benefits, reemployment bonus
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|