Korea that strengthened the senioritywagefeature and stable employment. Given that the system is not based on economic efficiency but on the social democratization, Korean employers are more likely to weaken the existing employment relation during an economic recession.
C. Alternative Measures of Child Benefits and Childcare
In the previous section, we show that cash allowances can affect the incidence of FLFP. However, we were constrained by data availability. That is, we used a very narrow definition of child allowances for the empirical analysis. Here we