Discrimination
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Jin Hwa Jung is a Research Fellow at the Korea Institute for Industrial Economics and Trade (KIET) in Seoul, Korea, and currently a Visiting Scholar at the Institute for Research on Women and Gender (IRWG), Stanford University. She earned her Bachelor's and Master's degrees at Seoul National University, and Ph.D. degree in economics at the University of Illinois at Urbana-Champaign. Dr. Jung has undertaken substantial work on the analysis of the Korean labor market. Her current research focuses on the gender differences in employment and wage structures in the industries with differing knowledge intensity. Abstract: Knowledge-based industries have taken an increasingly large role in the Korean economy since the mid-1980s in terms of value-added, employment, and productivity growth. Compared with traditional industries, knowledge-based industries are characterized by higher ratio of knowledge-intensive jobs, higher wage rates, and higher wage growth in the recent past. In particular, the gender wage gap is less noticeable in knowledge-based industries and, more importantly, less attributable to non-productivity-related discrimination against women. Policies to promote women's employment and career development in knowledge-based sectors are called for.

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Jin Hwa Jung Visiting Scholar, Institute for Research on Women and Gender (IRWG), Stanford Speaker Research Fellow, Korea Institute for Industrial Economics and Trade (KIET), Seoul, Korea
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Disabling illness has been widely observed among national leaders. This is hardly unexpected because many of them govern at an age when there is a high incidence of debilitating disease. Age became an important issue during the presidential campaign of 1996 because Senator Dole was the oldest candidate ever nominated for a first term. Polls demonstrated a substantial level of concern in the electorate, particularly among older Americans.

The heightened risk of disability or death from heart disease, stroke, and cancer at age 70 and over was one important consideration. It raised doubts as to whether a 73-year-old president would be able to fulfill his implicit contract to serve 208 weeks in office. A second related element was the profound change in cognitive capacities known to be associated with those diseases, even when the symptoms and physical impairment are stable or have improved. Finally, quite separate from the cognitive impairment of illness, age itself carries with it on average a decline in mental acuity, efficient information processing, memory, problem solving, and other requisites of effective decision making. Many older voters reacted to Dole as they did because of their awareness that their own memory, concentration, and energy levels had diminished over the years, sometimes drastically.

In spite of the national concern about job discrimination of any kind, including that based on age, it seems clear that mandatory retirement for chief executive officers at the age of 65 will continue to be an important tenet of our great corporations. Similarly, the most demanding job in the world--the U.S. presidency--need not be imposed on senior citizens. Congress should craft a resolution expressing its conviction that 65 should be the upper age limit for candidates running for a first term as president of the United States.

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Workers' compensation insurance provides cash benefits and health care for workers who are injured on the job. This DataWatch considers the costs and benefits of combining the health insurance component of workers' compensation with universal health insurance, creating a twenty- four-hour coverage plan. The paper documents a large potential savings from twenty-four-hour coverage: Workers' compensation medical charges are about twice as high as those for comparable off-work injuries. This disparity seems to result from price discrimination and lack of cost controls in workers' compensation. Twenty-four-hour coverage, however, may be difficult to implement.

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Health Affairs
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Laurence C. Baker
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