国际货币基金组织：2024年推进韩国劳动力市场改革报告（英文版）

This paper examines structural challenges facing the Korean labor market and analyzes themacroeconomic efiects of potential labor market reforms. Our cross-country empirical analysis finds that easingof employment proteclion legislation tends to have positive macroeconmic effects during periods of stronggrowth but could turn contractionary in periods of slack. By contrast, increased spending on active labor marketpolicies and reductions to the labor tax wedge tend to be more effective in per