This study investigates intergenerational earnings mobility in Korea for sons born between 1958 and 1973 and compares Korea’s mobility to that of other nations. It uses data from the Korea Labor and Income Panel Study and the Household Income and Expenditure Survey conducted by the Korean...

Studies on the cyclicality of higher education examine the relationship between variations in labor market conditions and changes in enrollment on both the demand and supply side. While the majority of the existing literature implicitly assumes an elastic supply of enrollment, the present study...

Despite the fact that China and the United States represent the G2 in terms of economic size, the RMB’s international significance in the existing international financial system is limited. China has made significant progress in encouraging RMB internationalization. It has the ability to...