• 한국노년학
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• v.37 no.2
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• pp.415-430
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• 2017

This study aims to examine whether assets matter for depression among older adults and whether the relationship between assets and depression is mediated by social activities. The research questions are based on asset effect theory, stakeholder theory, and activity theory. This study used the 5th wave of KLoSA data which is a nationally representative data in Korea. Research findings are summarized as follows: First, we found the negative relationship between assets and depression of older adults. Second, The relationship between assets and depression was partially mediated by social activities of older adults. The findings suggest that older adults with assets are more likely to participate in social activities and accordingly their depression is likely to decline. Based on the empirical findings, we can propose that asset-building programs targeting older adults should be developed and that the financial education and saving chances should be given to middle-aged adults who need to prepare old age in the long-term perspective.

• Journal of Digital Convergence
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• v.18 no.6
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• pp.513-522
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• 2020

The purpose of this study is to analyze the auto-regression effect between the elderly's assets and depression and life satisfaction, and to approach the influence of assets and depression on the elderly's life from a longitudinal perspective. For this purpose, the data for the 9th year (2014), 11th year (2016), and 13th year (2018) of the Korea Welfare Panel were used. As a result of the analysis, First, the assets, depression and life satisfaction of the elderly have a lasting effect on the passage of time, and the assets, depression and life satisfaction of the previous point in time (B=.694, B=.725, p<.001), depression (B=.258, B=.331 and p<.001) and life satisfaction (B=.264, B=.265, p<.001). Second, cross-recursion coefficients show how the relationship between the assets of the elderly and depression and the satisfaction of life affects each other over time, and the assets of the older person at the previous point in time (B=.010, B=.011, p<.001), the assets of the older persons at previous times are subsequently satisfied with their lives (B=.128, B=.124, p<.001). Based on the results of the above analysis, it is necessary to support the elderly's asset management service and education to prevent depression, such as continuous asset utilization education.

• Proceedings of the Korean Society of Computer Information Conference
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• 2019.07a
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• pp.179-180
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• 2019

본 연구는 5차국민노후보장패널 데이터(KReIS)를 활용하여 노인의 신체적 건강과, 자산(총자산-총부채=순자산)이 우울감을 매개로 삶의 만족에 어떠한 영향을 미치는가늘 규명하고자 한다. 분석대상은 65세이상 노인 3,960명이다. 주요 분석변수는 독립변수로 신체적 건강, 순자산, 매개변수로 우울감, 종속변수로 삶의만족을 분석할 것이다. 이러한 자료분석을 위해 SPSS 21.0을 사용할 것이다.

• 한국노년학
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• v.37 no.3
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• pp.687-705
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• 2017

The purpose of present study is to examine the effects of the elderly's assets on life satisfaction, and to examine the indirect effects, such as financial and emotional support exchange with their children, between their assets and life satisfaction. For this study purpose, the 5th data of the Korean Longitudinal Study of Aging (KLoSA) was used. Abstracted from the data, 1,977 cases only for the elderly over 65-year-old were analyzed by employing SPSS 23.0 and SPSS Process Macro. The analysis results are summarized as follows. First, the assets of the elderly had a positive direct effect on the satisfaction of life. Second, the elderly's assets indirectly affected the satisfaction of life through the financial support exchange with their child(ren). Lastly, the elderly's assets indirectly affected the satisfaction of life through the emotional support exchange with their child(ren). Based on these results, this study suggests practical and political implications in terms of social welfare for the elderly's life satisfaction, so as to facilitate the elderly's assets accumulation, and to enhance support exchange between the elderly and their child(ren).

• Journal of the Korean Home Economics Association
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• v.43 no.6 s.208
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• pp.113-131
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• 2005

The purpose of this study was to investigate older people's planning for estate distribution by examining the factors associated with their will-holding status. This study used data from the 1994 Assets and Health Dynamics among the Oldest Old (AHEAD) Survey, Wave One. The objectives of this study were (a) to establish profiles of older people who have a written will and to compare their financial portfolios across will-holding status; (b) to identify factors that influence the decision to make a will, and (c) to draw implications for family economists, financial educators, planners, and policy makers. The results suggested that a household's financial resources (i.e., liquid and illiquid assets, housing equity, and household income) positively influence the probability of having a will. Older people who resided in a community property state and who were in poor health were less likely to be will-holders than their counterparts, holding financial resources and other variables constant. Demographic characteristics such as age, education, and race, and behavioral characteristic also were significant determinants of the likelihood of having a will. Volunteer participation and charitable contribution, which are proxies for altruism, increased the likelihood of having a will. The probability of having a will also was higher among those who had life insurance and had gwen inter-vivos gifts of more than $\$5,000$ to their children or grandchildren in the past 10 years. On the other hand, the likelihood of having a will declined with increasing number of biological children. From the findings, implications for financial planners and educators were suggested along with directions for future research.

• The Journal of the Korea Contents Association
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• v.16 no.7
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• pp.398-409
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• 2016

The purpose of this was to analyze the effects of the knowledge management(human capital and structural assets) on organizational performance in nursing homes. The survey was conducted 299 workers in nursing homes in Chungcheongnam and Chungcheongbuk provinces. The collected data were analyzed by frequency analysis, descriptive statistics, reliability, correlation, and regression analysis using SPSS 21.0 program. The results showed that structural assets(shared culture and process) were most significantly influential factors on organizational performance and the effects of age, position, operating entities were significant. But the impact of human capital was not significant. From the above results, the cooperation between organizations is needed to actively share knowledge in order to increase the shared culture. In addition, the institutions should try to develop a variety of programs and to provide an environment where the members talk freely in order to increase the process level.

• Journal of Families and Better Life
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• v.20 no.2
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• pp.113-122
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• 2002

This study compared the financial status between the employed-elderly households and the unemployed-elderly households, focused on income adequacy, expenditure adequacy and net wealth adequacy. Using data from 1997 KHPS, the lower financial status of the unemployed elderly households were found. Nine measures of financial status were used : income, per capita income, income-to-needs ratio, expenditure, per capita expenditure, expenditure-to-needs ratio, net wealth, net wealth-to-income ratio and net wealth- to-expenditure ratio. The results of this study showed that unemployed elderly households had 68%~77% of income adequacy and 72%~83% of expenditure adequacy for employed elderly households. Holding for gender, age, education, earners in the household, living area and home ownership constant, although the gap was getting smaller, significant differences between the unemployed-elderly households and the employed-elderly households were persisted. The result of this study indicated that the unemployed-elderly households and the employed-elderly households can not be regarded ac homogeneous group when public policies are developed.

• Korean Journal of Social Welfare
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• v.59 no.1
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• pp.5-25
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• 2007

The purpose of this study is to explore factors influencing the poverty of the elderly in Korea. In spite the fact that poverty of the elderly is more serious than any other demographic group, this important issue is rarely studied. Using the 7-year accumulated data from the KLIPS(Korean Labor and Income Study), I combined the work history of the elders, their demographic characteristics and residence to estimate pooled data analysis of the elderly after reaching age 55 and who are also only living by themselves(only the elders). The results of this study are as followed: first of all, age, education, marital status, wealth, residence and work history are shown to be significant predictors for the poverty of elderly. Second, the results show that factors influencing the poverty is different depending on the elder's (demographic) characteristics. For example, age and marital status is a more important predictor in female than in male, and wealth and health status is a more important predictor in elders who do not have a spouse than in elders who do. Such results suggest that the policy of the poverty of the elderly which is only focused on elder's characteristic is limited. Therefore we can suggest that a policy which workable people can earn decent income and saving wealth for their elderly in job is needed. Especially, policies on the 'Working Poor' and reconstruct the current public pension system is very much needed.

• The Journal of the Korea Contents Association
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• v.17 no.4
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• pp.424-433
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• 2017

The purpose of this study was to meta-analyze and compare the effect sizes of socioeconomic status and psychosocial factors on self-rated health among older adults. Also, to examine whether those effect sizes had been affected by certain moderator like gender through meta-regression analysis was attempted. A total of 487 effect sizes computed from 80 studies published in Korea before 2013 were analysed. The results of this research were as follows. Firstly, spousal support had the largest effects, followed by income, educational level, occupation, support of children, assets, non-family support, family support and social activities. Secondly, while the positive effect of non-family support on self-rated health increased for women than men, the positive effect of income decreased. The findings suggest the following; The importance of spousal support should be recognized for later life's health and the health support for those who had been bereaved must come first. Income security policies and non-family support for elderly women must be strengthened.

• Journal of Digital Convergence
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• v.17 no.11
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• pp.71-79
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• 2019

The purpose of this study is to examine the mediating effect of depression on the relationship between assets and life satisfaction in Korean elderly (45 years old or older). To this end, we used the data from the KReIS 5th Main Survey (2013). SPSS 21.0 and AMOS 25.0 were used for data analysis. The analysis methods were descriptive statistical analysis, correlation analysis, regression analysis and path analysis. As a result of the analysis, first, the assets of middle-aged and old age had a negative effect on depression, and the depression had a negative effect on life satisfaction. Second, the assets of the elderly have a positive effect on the satisfaction of life. Third, the effects of assets on the satisfaction of life were found to be mediated by depression of middle-aged people. Based on the analysis results, this study suggested the introduction of middle age generation's asset formation support program, the universal implementation of basic pension for the elderly generation, and the gradual increase in benefits.