Education policy in South Korea : a contemporary model of human capital accumulation? Hultberg, Patrik Calonge, David Santandreu Kim, Seong-Hee 2020-02-26T10:53:27Z 2020-02-26T10:53:27Z 2017 2017
dc.description This article is not available at CUD collection. The version of scholarly record of this Article is published in Cogent Economics and Finance (2017), available online at: en_US
dc.description.abstract We argue that South Korean families with children are today overinvesting in the level of education due to their high levels of expenditures on private after-school tutoring programs. This situation has evolved due to a combination of factors: a changing labor market, increasing housing and debt payments, as well as an educational “arms race” among Korean families with children. These changes are exacerbating both economic and social issues in Korean society, but are increasingly difficult to address due to issues of complementarity and coordination failures related to educational expenditures. Korea might be inexorably falling into a surprising “education trap.”. © 2017 The Author(s). en_US
dc.identifier.citation Hultberg, P., Calonge, D. S., & Kim, S.-H. (2017). Education policy in South Korea: A contemporary model of human capital accumulation? Cogent Economics and Finance, 5(1). en_US
dc.identifier.issn 23322039
dc.language.iso en en_US
dc.publisher Cogent OA en_US
dc.relation Authors Affiliations: Hultberg, P., Department of Economics and Business, Kalamazoo College, 1200 Academy Street, Kalamazoo, MI 49006, United States; Calonge, D.S., Faculty of Communication, Arts and Sciences, Canadian University Dubai, Dubai, United Arab Emirates; Kim, S.-H., Department of Economics, Western Michigan University, Kalamazoo, MI 49008, United States
dc.relation.ispartofseries Cogent Economics and Finance;Vol. 5, no. 1
dc.rights Creative Commons Attribution (CC-BY) 4.0 license.
dc.rights.holder Copyright : 2017 The Author(s)
dc.subject Education policy en_US
dc.subject Educational expenditures en_US
dc.subject Human capital en_US
dc.subject Private tutoring en_US
dc.subject South Korea en_US
dc.title Education policy in South Korea : a contemporary model of human capital accumulation? en_US
dc.type Article en_US
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