• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.6
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• pp.2038-2045
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• 2010

Households' monthly average income is composed of various factors. This study paper studies focuses on estimating the determinants of a households' monthly average income. The region for analysis consist of three groups, that is, the whole country, a metropolitan city(such as Busan, Daegu, Incheon, Gwangiu, Daejeon, Ulsan.) and Seoul. Analyzing period be formed over a 57 time points(2005. 01~2009. 09). In this paper the dependent variable setting up the households' monthly average income, explanatory (independent) variables are composed of the consumer price index, employment to population ratio, Index of housing sale price, the preceding composite index, loans of housing mortgage, spending rate for care medical expense and the composite stock price index. In looking at the factors which determine the monthly average income, evidence was produced supporting the hypothesis that there is a significant positive relationship between the composite index and housing loans. The study also produced evidence supporting the view that there is a significant negative relationship between employment ratios, the house sale pricing index and spending rates for care or medical needs. The study found that the consumer price index and composite stock price index were not significant variables. The implications of these findings are discussed for further research.

• Journal of Digital Convergence
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• v.15 no.7
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• pp.435-444
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• 2017

This study investigated differences between job satisfaction and professionalism by job-related variable and analyzed the effects of job-related variables and job professionalism on job satisfaction among a total of 144 beauty salon workers in Busan and Ulsan. The main results are as follows. First, a difference between job satisfaction and professionalism was found by average monthly income and environmental satisfaction. Second, in terms of correlations with variable, job professionalism revealed static correlation with average monthly income, employment period and environmental satisfaction while job satisfaction showed static correlation with average monthly income, environmental satisfaction and job professionalism. In employment period, a significant difference was observed. Third, regarding the influence of variables on job satisfaction, job satisfaction became higher as average and job professionalism increased. In particular, job professionalism was the highest in terms of exploratory power. So a plan for allowing beauticians to improve confidence in professionalism and job satisfaction was presented.

• Korean Journal of Human Ecology
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• v.19 no.2
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• pp.361-374
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• 2010

Using the first wave of the Korean Longitudinal Study of Ageing, this research examines the effect of elderly parent's financial structure on private income transfers from their adult children. The results show that low income elderly households are more likely to receive income transfers from their children. Generally, Korean elderly households were found to have very low liquidity in their asset structure, as the average household holds over 90% of their assets in real estate. However, it seems that the parents' potential income based on their real estate assets is unimportant in determining children's transfer decisions. Rather, the parents' labor income is found to be a key factor in children's income transfer decisions.

• Korean Journal of Human Ecology
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• v.4 no.1
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• pp.63-74
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• 1995

Urben wage workers' education expenditure among different social classes from 1979 to 1993 has been compared. Eduction expenditure has increased much more than that of income resulting from income increase and government policy. Education expenditure gaps among social classes have showed to be an increasing trend although the ratio of education expense to the income has increased among low class families. Average income elasticity was 1.1 and this result showed that education expense was luxury good. Income elasticity of education expense among low class families have fluctuated more than any other classes resulting from construction business cycle and housing rent increase. Average Gini coefficient was 0.38 and turned out to be highest among 9 household expenditures, however it was in the trend of improvement from 81. But from 91 Gini Coefficient went up high again. Main reason for this increase was due to high social class families' eucation expenditure increase. Government's strong policies to enhance equality level of education opportunity and to support low class families are urged.

• Journal of the Korean housing association
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• v.26 no.1
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• pp.71-79
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• 2015

This study was aimed to explore housing costs and housing cost burdens of early-career young renter households in Seoul Metropolitan area. Between March 10 and April 24, 2014, an online questionnaire survey was conducted to young professionals in Seoul Metropolitan area living apart from their parents. Among the responses collected, this study analyzed 476 useable responses from renter households. Major findings were as follows: (1) Jeon-se renters' deposit was average 2.24 times their annual income; deposit of monthly renters with deposit was average 6.7 times their monthly income and their monthly rent was 18.6 percent of their monthly income; and monthly rent of monthly renters without deposit was about 23 percent of their monthly income; (2) thirty percent of the respondents were found to have housing cost burden paying 25 percent or more of their income for rental costs; and (3) about 55 percent received parental supports to pay current housing costs. The study findings implies that it is critical to extend provision of affordable housing units with small or no deposit for beginning-stage professionals.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.539-547
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• 2021

Indonesia is the largest exporter of palm oil in the world. The province of West Sulawesi is the second-largest palm oil producer in Indonesia. This study examines the contributions of oil palm farming to total household income and the factors affecting the household expenditure of oil palm smallholders in West Sulawesi, Indonesia. This study also identifies the problems related to oil palm production in the province. Primary data were collected from 174 oil palm smallholders using a standardized questionnaire in the Lariang sub-district, Pasangkayu, West Sulawesi, Indonesia. Several statistical tools were employed to analyze the data. The study estimated the average household income of the smallholders at IDR 30,417,441 per year, out of which 85,8% comes from oil palm farming, followed by non-oil palm farming (8%) and off farming (6.2%). On the other hand, the average household expenditure was found to be IDR 23,476,069 per year which 66% goes for food consumption and 34% for non-food consumption. The findings revealed that household expenditure of the oil palm smallholders is strongly and positively affected by a number of factors such as household income, education level, family size, earning members in the family, number of children attending school, and amount of credit taken by the household.

• International Journal of Human Ecology
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• v.15 no.2
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• pp.93-104
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• 2014

This study examined housing costs and housing affordability of young college graduate renters in the Capital Region of Korea using microdata of the 2012 Korea Housing Survey (KHS). A licensed microdata set of 2012 KHS was obtained on September 29, 2012 from the official KHS Website and analyzed statistically. I selected 93,795 young college graduate renters between 20 and 29 years of age in the Capital Region and compared their housing costs across income levels and tenure type. Major findings were as follows: (1) Jeon-se deposit was on average 3.1 times the annual household income and monthly renters' deposit was 7.1 times the monthly household income; (2) households in higher income groups tended to pay a larger deposit and/or monthly rent; however, households with a lower income were found to pay a greater proportion of income to housing costs than households with a relatively higher income; (3) a total of 64% of all young college graduate renters had housing cost burdens to pay 30% or more of their income for housing, and more than 78% of the low-income households were found burdened; and (4) after housing cost payments, low-income households had less than one million KRW left to spend on other needs and savings; in addition, some low-to mid-income households had zero or even minus income left after housing cost payments.

• Journal of the Korean Home Economics Association
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• v.30 no.1
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• pp.237-255
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• 1992

The purpose of this study was to investigate relations of resources and demands, family financial management and financial statement of urban households by applying a system approach. The results of this study were as follows; Saving rate had significant differences according to resources variables such as age, family life cycle, occupation of househead and housewife, ratio of employed to family member, and to demands variabels such as subjective prospect of business cycle, and value orientation, whereas total saving amount had significant differences according to resources vaiables such as age, family life cycle, educational level, percapita income, occupation of househead, type of income and to demand variable, perception of relative income. Also average monthly saving amount had significant differences according to resources vaiables such as educational level, per capita income, occupation of housewife, housing ownership, ratio of employed to family member, ratio of dependent to employed, and to demands variable, perception of relative income. The stocks had significant differences according to resources variables such as age, family life cycle, educational level, per capita income, occupation of househead, type of income, and housing ownership. Finally, real estate had significant differences according to resources variables such as age, family life cycle, educational level, percapita income, occupation of househead, type of income, housing ownership, and to demands variable, perception of relative income. Financial Statement among urban households according to family financial management had significant differences. And among all variables affecting financial statement among urban households, per capita income had the highest effect and perception of relative income was the second.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.209-215
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• 2022

This study aims to analyze the livelihood resources and income diversification of informal recyclers in the Mekong River Delta (MRD). The multiple linear regression model was applied to determine income diversification and total household income with the sustainable livelihood analysis framework developed by the United Kingdom Department for International Development (2000), including human resources, physical resources, natural resources, financial resources, and social resources. The results indicated that up to 25% of itinerant waste buyers worked on average more than 7.3 hours/day, which was higher than the urban near-poor level regulated by the Vietnam government. The results of the regression model revealed that total households' income was affected by the factors of health status, gender, urban location type 1, the amount of potential savings, and informal credit participation, while the factors of health status, urban location, the amount of potential savings, and informal credit participation have the effect of diversifying farm household income. Thus, if the informal waste recycling sector is supported and regulated by proper government management, it will not only help poor households diversify their income, but it will also help poor households diversify their income, particularly women's income, which is vulnerable and lower than male income in the MRD.

• Journal of Family Resource Management and Policy Review
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• v.12 no.1
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• pp.57-89
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• 2008

Using the data of 'middle-and old-aged people' in the 6th year(2003) of KLIPS(Korea Labor and Income Panel Study), this study compared entirely retired men's income source and amount of income divided by the time of retirement and analyzed the determinants of main income source and amount of income level using Multinomial Logit Analysis and Tobit Analysis. The results of these were as following; First, Entirely retired men has average 1.27 income source and the amount of income from main income source is positioned at 85% of total income. This result indicates the lack of variety to get opportunities of income sources for the living and also means high risk associated with the entirely retired men if he looses the main income source. Second, most of income source of entirely retired men is spouse's earned income or private income transfers, however, if we divide those as timing of retirement and characters of each individual, it is represented that the most of income source is differentiated by the position at labor market during work life and the opportunity for building the wealth, and the possibility of obtaining public pension and public support. Third, the income level depends on what sort of income source the retired men has, this shows that there is not a strong relationship between obtaining a Income source and gaining above the certain level of income.