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  • P-ISSN 1738-656X
  • E-ISSN 2586-4130
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한국개발연구. Vol. 36, No. 3, August 2014, pp. 121-168

https://doi.org/10.23895/kdijep.2014.36.3.121

× KDI Open Access is a program of fully open access journals to facilitate the widest possible dissemination of high-quality research. All research articles published in KDI JEP are immediately, permanently and freely available online for everyone to read, download and share in terms of the Creative Commons Attribution 4.0 International License.

An Empirical Study on the “Effects of My Mom’s Friend’s Son” in the Job Search Process of Youths

Jin Han Bai

Author & Article History

Manuscript received 10 February 2014; revision received 13 February 2014; accepted 25 August 2014.

Abstract

After analyzing and finding the explaining factors about the "Effect of My Mom''s Friend''s Son (MMFS Effect)" with online-surveyed data, we introduce this concept into the conventional job search theory to develop it further. We try to estimate its effects on the hazard rate of youth pre-employment duration with some proxy variables such as his/her parents’ schooling, living with parents dummy, increasing rate of consumer price index representing the burdens of parents, monthly temporary/daily workers ratio, relative ratio of quarterly 90th percentile urban household income, monthly average wage differentials between the workers of large and small firms, etc. The results confirm us the fact that so called “MMFS Effect” has been effective enough and strengthened up to recently. The conventional job search theory should be extended to be able to introduce the influencing effects of other person’s success, for instance MMFS’s success, on the job search behavior of youths, too.

Keywords

직업탐색이론(Job Search Theory), 엄친아효과(The Effects of My Mom’s Friend’s Son), 상대여가(Relative Leisure), 미취업탈출확률(Hazard Function of Preemployment Duration)

JEL Code

J64

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