1. College of Economics and Finance, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 04763, South Korea
2. Institute of Labor Economics (IZA), Schaumburg-Lippe-Strasse 5-9, Bonn 53113, Germany
3. Department of International Economics and Law, Hankuk University of Foreign Studies, 107 Imun-ro, Dongdaemun-gu, Seoul 02450, South Korea