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Labour market dualization, permanent insecurity and fertility: The case of ultra-low fertility in South Korea (Economy and Society, 2023)

Timo Fleckenstein, Soohyun Christine Lee, Samuel Mohun Himmelweit

Author
Timo Fleckenstein, Soohyun Christine Lee, Samuel Mohun Himmelweit

Title 
Labour market dualization, permanent insecurity and fertility: The case of ultra-low fertility in South Korea (Economy and Society)

Year
2023

Abstract
This paper explores the relationship between labour market dualization, insecurity and low fertility, through a case study of South Korea, an extreme case of ultra-low fertility where the total fertility rate fell to 0.84 in 2020. It is argued that the long-term nature of the insecurity associated with dualization, as well as its impact on people’s perceptions of present and future insecurity, mark dualization out as a particular phenomenon whose impact on fertility current demographic approaches struggle to fully understand. Rather than restricting the focus to the education-employment transition, we show how permanent insecurity in highly dualized labour markets depresses fertility.