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http://dx.doi.org/10.5762/KAIS.2021.22.1.345

The Effect of Social Capital of Baby Boomers on Practical Well-Being Focused on the Modulating Effect of Psychological Identity  

Park, Seoung-Tag (Division of Social Welfare, Youngnam Theological University & Seminary)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.22, no.1, 2021 , pp. 345-353 More about this Journal
Abstract
This study examined the effects of social capital on psychological identity and practical wellbeing for the Korean baby boom generation. To achieve this, an empirical survey was carried out on baby boomers who use elderly welfare centers and cultural centers living in D City. The overall research results showed that trust (t=6.893, p<.05), participation (t=5.157, p<.05), network (t=8.093, p<.05), and norm and reciprocity (t=4.787, p<.05), as sub-factors of social capital for baby boomers, had a significant effect on their practical wellbeing. Psychological identity was moderated (t=2.023, p<.05) in the effect of trust on practical wellbeing, adopting the hypothesis. This means that the social ties and the strong trust relationship between family members and relatives, which built up amid rapid economic growth, work with positive expectations of social capital and have a major effect on practical wellbeing. Moreover, practical welling also rated high, along with the high trust relationship and psychological identity. Consequently, various exchange programs and group and volunteer activity programs for baby boomers should be established to decrease their psychological identity due to the loss of social roles. Moreover, the decline of activities at a time of retirement can slow practical wellbeing.
Keywords
Baby Boom Generation; Social Capital; Psychological Identity; Practical Wellbeing; Social Roles;
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Times Cited By KSCI : 3  (Citation Analysis)
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