• Journal of Labour Economics
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• v.40 no.1
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• pp.37-68
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• 2017

This study analyzes the relationship between household debts and married female's labor supply. For doing this we construct effective interest rate faced by each household using interest paid amount and household financial debt amount. The effective interests rate for the households which have no financial debt are estimated by Heckman Selection model. The estimation results show that the increase in effective interest rate has led to the expansion of married women's the labor market participation. This suggests a possibility that negative scenarios resulting from an increase in interest rate can be partially offset by an increase in household labor supply and a rise in labor income.

• Environmental and Resource Economics Review
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• v.17 no.4
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• pp.875-901
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• 2008

This article estimates the economic values of changes in water quality of the Paldang Watershed by using the Choice Experiment (CE). The conditional logit model estimation results show that a small improvement in water quality from the 'status quo' level to the level of 'very good' increases average household's monthly utility by 3,157 Won, whereas a water quality degradation down to the 'normal' level gives rise to an increase in the monthly average utility by 9,649 Won. The corresponding social gain and loss of water quality changes to the Metropolitan Area were thus estimated about 285 billion Won and 872 billion Won, respectively. This article seems meaningful in that it resorts to the new water ecosystem classification criteria and indices that are respondent-friendly. They help a CE study like this to overcome one of its critical weakness that the number and contents of attributes of a CE study can quickly add to the information overload problem, especially where the environmental good under investigation is hard for ordinary respondents to understand.

• KDI Journal of Economic Policy
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• v.28 no.2
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• pp.1-49
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• 2006

Considering the fact that households' demographic characteristics affect consumption decision, it is conjectured that rapid demographic changes would lead to a substantial change in the composition of private consumption expenditure. This paper estimates the demand functions of various consumption items by applying the Quadratic Almost Ideal Demand System(QUAIDS) model to Household Income and Expenditure Survey data, and then provides a long-term forecast of the composition of household consumption expenditure for 2005-2020. The paper shows that Korea's consumption expenditure will maintain the recent years' rapid change, of which a considerable portion is due to rapid demographic changes. Results of the paper can be utilized in forecasting the change in the industrial structure of the economy, as well as in firms' investment planning.

• Journal of the Korean Home Economics Association
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• v.47 no.1
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• pp.25-43
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• 2009

The purpose of this study was to find how economic structures differ among four different household groups('enough', 'so so', 'a little difficult', 'very difficult') classified by subjective evaluation on their economic conditions. The data were drawn from 2004 Korean Labor and Income Panel Study conducted by Korea Labor Institute, and $X^2$-test and F-test were utilized by SPSS for Windows 10.0. The major findings were as following. First, the economic levels of household groups of 'enough' and 'so so' showed to be higher than the average. This result implies that households tend to evaluate by themselves their economic conditions comparing to the others. Second, the deviations of average economic levels among four different household groups were relatively bigger in household economic elements of liquid asset, monthly savings and insurance than the others, and relatively smaller in household economic elements of total expenditure, especially expenditures in food at home, education, medical, communication than the others. Third, the households of 'a little difficult' and 'very difficult' showed undesirable economic structures resulting from lack of savings and insurance for their future.

• Journal of Families and Better Life
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• v.21 no.2
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• pp.201-212
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• 2003

This study analyzed the objective indicators of household economic structures, such as income, expenditure, and debts, as well as a subjective evaluation of economic standards, and compared the households of commuting couples (so called Weekend couples) with those of non-commuting couples. Findings of this study are as follows. First, both husbands and wives in commuter marriages had a higher level of education, were younger, had poorer health, and had shorter working hours than the couples in non-commuter marriages. Second, commuting couples had a significantly higher income than non-commuting couples. In addition, commuting couples had a greater amount of savings, had a higher cost of living, and lower debts than non-commuting couples. Third, commuting couples evaluated their status of household economy more negatively than non-commuting couples. Despite the fact that the commuting couples were more affluent in terms of the objective indicators, including income, savings, and assets, their level of health and psychological well-being were compromised. Lastly, factors determining commuter marriages were the number of years the husband has spent in his job, and the husband's level of education. The shorter the tenure of the husband's job, and the higher the level of husband's education, the more likely the couple was in a commuter marriage.

• Korean Journal of Human Ecology
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• v.12 no.1
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• pp.25-38
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• 2003

This study was conducted to analyze the economic well-being of the elderly households based on the housing ownership and the housing costs, with the comparison between the coupled elderly and the single elderly. The results of this study were as follows: the household type was related to the housing ownership, showing that the single elderly households owned the housing less than the coupled elderly did. There was a difference in housing costs between the single elderly and the coupled elderly, showing the single elderly households had higher housing costs than the coupled elderly households. The housing ownership was significantly related, but the housing costs negatively related to the economic well-being of the elderly.

• Proceedings of the Korea Information Processing Society Conference
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• 2023.11a
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• pp.380-381
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• 2023

최근 경제침체로 인해 지속되는 연체율 상승의 원인을 지역별 및 시차별로 분석하였다. 독립변수를 가계대출변수, 부동산지수변수, 경제지표변수로 나누었고 통계적 모델링을 통해 총 19 가지 변수로 연체율을 예측하였다. 각 지역마다 상이한 결과가 도출되었는데 이를 바탕으로 지역별 연체율 감소 정책을 제안한다.

• Journal of Family Resource Management and Policy Review
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• v.18 no.1
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• pp.93-114
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• 2014

This study aims to investigate the levels of assets and debts that male- and female-headed households have in comparison to married-couple households. Toward this end, a series of analyses of data from the 2011 Korean Household Finance Survey on the assets and debts of single-parent households are conducted. The empirical results reveal that the amounts of assets and net worth of married-couple households were significantly larger than those of male- and female-headed households. A comparison between male- and female-headed households show that the latter were more likely to hold financial assets such as savings accounts, savings insurance and mutual funds. The amounts of assets of female-headed households were significantly larger than those of male-headed households. Furthermore, the amount of credit card debt in mele-headed households was significantly larger than that in female-headed households.

• Journal of Families and Better Life
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• v.19 no.5
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• pp.279-291
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• 2001

This study was peformed to identify a credit limit of the household. For this purpose, the differences in household economy by debt burden and the effects of debt burden on household economy was analyzed with the data of the Family Income and Expenditure Survey in 1999. The results showed that the household with debt burden, are likely to cut savings not consumption expenditures. The critical level of debt burden which distorts the household economy is found to be 25%. If the debt burden of the household exceeds 25%, they are no longer to save and ought to borrow to repay current debt.

• 해운
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• s.104
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• pp.9-23
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• 2013

세계경제는 올 2분기 이후 완만한 회복세를 보이고 있다. 선진국 국가부채 문제가 점차 조정되고 있기 때문에 미국, 유로존 등 선진국이 주도하는 세계경기 상승흐름은 내년까지 이어질 전망이다. 다만 세계경기가 회복되는 속도는 빠르지 않을 것으로 예상된다. 미국 양적완화 축소로 국제금리가 오르고 신흥국 및 기업의 자금조달 여건이 악화될 전망이다. 신흥국 자금유출은 내년에도 이어지면서 금융시장 불안요인이 될 것이다. 중국도 투자조정이 지속되면서 전반적으로 개도국 경제의 활력이 과거 경기 회복기만큼 높지 못할 전망이다. 세계경제 성장률은 올해 3.1%에서 내년 3.4%.로 완만한 상승이 예상된다. 세계경제가 회복되면서 국내경기도 상승흐름을 보일 전망이다. 하반기중 정부수요는 줄어들 것이지만 민간부문의 활력이 높아지면서 올해 연간 2.8% 수준의 성장세를 기록할 것으로 전망된다. 수출이 주도하는 경기회복세는 내년까지 이어질 것으로 보인다. 수출증가로 미루어두었던 설비투자가 재개되고 가계소비도 올해보다 증가율이 높아질 전망이다. 다만 국내경기 역시 회복 속도는 빠르지 않을 것이다 선진국 적자 축소 노력으로 자국생산이 강조되면서 세계교역 증가세가 과거만큼 높지 못할 것이다. 금리상승에 따른 가계부채 부담 증가 고령층 소비성향 저하는 소비회복을 제약하는 요인이다. 올해 큰 폭으로 반등했던 건설투자도 정부의 주택공급 축소방안, SOC 예산 삭감 등으로 내년에는 다시 둔화될 전망이다. 내년 국내경제 성장률은 3.6%. 수준에 그칠 것으로 예상된다. 수요확대에 따른 인플레 압력이 커지겠지만 국제원자재 가격이 안정되면서 소비지물가는 2%대 중반 수준을 기록할 전망이다. 고용사정도 올해보다 완만하게 개선되는데 그칠 것으로 보인다. 금리는 지속적인 상승세를 보이면서 기업 자금조달 여건을 어렵게 할 것이다. 경상수지 흑자는 올해 650억달러 수준으로 사상최고치를 기록한 후 내년에도 400억달러를 넘어설 전망이다. 이에 따라 미국 양적완화 축소에도 불구하고 원화는 절상기조를 지속해 내년 원화환율은 평균 달러당 1,060원 수준을 기록할 것으로 예상된다. 다음은 LG경제연구원에서 발표한 "2014년 국내외 경제전망"의 주요 내용을 정리한 것이다.