Education policy in South Korea : a contemporary model of human capital accumulation?

dc.contributor.authorHultberg, Patrik
dc.contributor.authorCalonge, David Santandreu
dc.contributor.authorKim, Seong-Hee
dc.date.accessioned2020-02-26T10:53:27Z
dc.date.available2020-02-26T10:53:27Z
dc.date.copyright2017
dc.date.issued2017
dc.descriptionThis article is licensed under Creative Commons License and full text is openly accessible in CUD Digital Repository. The version of the scholarly record of this article is published in Cogent Economics and Finance (2017), accessible online through this link https://doi.org/10.1080/23322039.2017.1389804.en_US
dc.description.abstractWe 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.citationHultberg, 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). https://doi.org/10.1080/23322039.2017.1389804en_US
dc.identifier.issn23322039
dc.identifier.urihttp://dx.doi.org/10.1080/23322039.2017.1389804
dc.identifier.urihttp://hdl.handle.net/20.500.12519/173
dc.language.isoenen_US
dc.publisherCogent OAen_US
dc.relationAuthors 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.ispartofseriesCogent Economics and Finance;Vol. 5, no. 1
dc.rightsCreative Commons Attribution (CC-BY) 4.0 license.
dc.rights.holderCopyright : 2017 The Author(s)
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectEducation policyen_US
dc.subjectEducational expendituresen_US
dc.subjectHuman capitalen_US
dc.subjectPrivate tutoringen_US
dc.subjectSouth Koreaen_US
dc.titleEducation policy in South Korea : a contemporary model of human capital accumulation?en_US
dc.typeArticleen_US

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