The Determinants of the Expected Demand for Elderly Care by Government in Aged Korea

국가에 의한 노후보장 기대수준 결정요인

The purpose of this study was to investigate the determinants of policy demand for elderly care in aged Korea. The data from the first wave of KLoSA (Korean Longitudinal Study of Ageing) aged over 45 were used (n=10,165). The major findings were as follows: First, human capital, social capital, and socioeconomic variables influenced on the expected demand for elderly care by government, controlling the expectations of future life and society. Second, the effects of determninants on the expected demand for elderly care by government varied by the level of human capital, social capital, and socioeconomic variables, including ADL and IADL, familial support by children, public transfers, and age. Based on the empirical results, the implications for welfare mix of elderly care were provided.