• Title/Summary/Keyword: Babyboomers

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Self-Rated Health, Depression, and Life Satisfaction of Babyboomers in Korea: Multiple Group Analysis according to Their Work Status (베이비부머의 주관적 건강상태, 우울, 삶의 만족도의 관계: 근로여부에 따른 다중집단분석)

  • Song, Inuk;Won, Seojin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.6
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    • pp.349-357
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    • 2020
  • This study aimed to examine the effects of self-rated health on life satisfaction among Korean babyboomers and to address the mediating effect of depression on the self-rated health-life satisfaction relationship. Further, this study attempted to identify any relationship between self-rated health, depression, and life satisfaction among babyboomers according to work status. Researchers conducted a secondary data analysis using the 6th wave of the Korean Longitudinal Study on Aging. The final sample was 2,479 babyboomers born between 1955 and 1963. Testing the mediating effect of depression was done by the significance of direct, indirect, and total effects. Researchers also compared an unconstrained model with constrained model for multiple group analysis. Results indicate that self-rated health was a significant factor in determining the life satisfaction of babyboomers. In addition, depression had a significant mediating effect on the self-rated health and life satisfaction of babyboomers. Multiple group analysis demonstrated, in the non-working babyboomer model, the effects of self-rated health and depression on life satisfaction, and the effect of depression on life satisfaction was stronger than that of the working babyboomer model. The results of this study have established the importance of health and working status in addressing depression and life satisfaction among babyboomers.

The Ageing Society of Korea and the Population Estimate (우리나라의 고령화 현상과 베이비붐 세대의 인구추계)

  • Hwang, Myung-Jin;Jung, Seung-Hwan
    • Korea journal of population studies
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    • v.34 no.2
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    • pp.113-133
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    • 2011
  • The generation of babyboomers has a significant impact on the socio-economic development of the society in general. The Korean Babyboomers will soon leave from their workforce as they reach the retirement age. This, coupled with the low fertility rate, may cause a serious social problem in the society at large as well as the social welfare issues among the Korean elderly population. The Central Statistical Systems have estimated the future projection which plays critical role to establish fundamental basis for the social and economic policies of the nation. This study examined the effect of the babyboomers on the life expectancy by comparing forecasted life expectancies provided by the statistical office and the previous studies in the related areas. The study also suggested a future population projection based on fertility rates provided, along with the changes of the number of babyboomers as they become ageing. The study results with the comparison between the population projection by the statistical office are provided.

Effect of Income on Depression of Korean Babyboomers: Testing Moderating Effect of Social Capital according to Gender (베이비부머의 소득이 우울에 미치는 영향: 성별에 따른 사회적 자본의 조절효과 분석)

  • Song, Inuk;Won, Seojin
    • The Journal of the Korea Contents Association
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    • v.19 no.7
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    • pp.587-597
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    • 2019
  • This study aims to address the effect of income on depression of Korean babyboomers according to gender. It also was to identify the moderating effect of social capital on the income-depression relationship. Researchers conducted a secondary data analysis using 6th wave of Korea longitudinal study of ageing collected in 2016. Researchers found gender differences of factors affecting depression. While, in the male model, income was not a significant factor predicting depression, it was a statistically significant factor to depression of female babyboomers. In addition, a moderating effect was found in the female model that advocacy and non governmental organization activity moderated the income-depression relationship. Therefore, it is necessary to consider gender differences for policy and service development; in specific, researchers suggest expanding elderly jobs for female babyboomers and support groups for male babyboomers.

A Study of Experiences, Plans, and Perception on the Housing Wealth Transfer (주거자산의 이전 경험, 계획 및 의식에 관한 연구)

  • Kim, Young-Joo
    • Journal of Families and Better Life
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    • v.30 no.2
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    • pp.11-26
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    • 2012
  • Transfer of housing wealth is an extensive social and economic phenomenon different from the traditional processes. The purpose of this study is to examine the experiences, plans, and perception of housing wealth transfers among Korean families. Using questionnaire survey, 700 data from the respondents who residing in Seoul and Kyonggi provinces were collected and analyzed for the research purpose. Only a small portion of the respondents had experiences on housing wealth transfer. Most of the respondents showed that they would have a plan to inherit their housing wealth to their spouse and children after their death or the time when children need help from their parent(s). However, perception of babyboomers who were in their age of 40-50s was different from other age groups. Thus, it is important to consider its implications, especially with respect to changing traditional values on housing wealth transfer.

Phenomenological Study on the Purchase Experience of HMR Products in Baby Boom Generation (베이비붐 세대의 HMR 제품 구매경험에 관한 현상학적 연구)

  • Jeong, Seong Ho;Han, Kyung Soo
    • Journal of the FoodService Safety
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    • v.2 no.1
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    • pp.22-29
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    • 2021
  • This research has conducted one-on-one depth interviews targeting baby boomers who are economically active; It seeks to analyze the purchase factor of HMR products to deduct conclusion. The result of the research deducted through depth interviews is as follows. First, baby boomers described HMR products as a reliable meal. Second, baby boomers described HMR products as a cold-hearted meal. Third, baby boomers described HMR products as a habitual meal. Fourth, baby boomers described HMR products as lacking. Fifth, baby boomers thanked to HMR products. The research deducted the conclusion about the HMR products' purchase factor through one-on-one depth interviews. Additionally, the research showed a potential direction for the research and development of HMR products.

Determinants of Household Debt using a Hierarchical Aging-Period-Cohort Model: Baby-boomers with Middle-Aged & Older Adults (위계적 APC모델을 활용한 가계부채결정원인 분석: 베이비부머세대 포함 중·장년·노년층을 중심으로)

  • Kim, Jeungkun
    • The Journal of the Korea Contents Association
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    • v.17 no.9
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    • pp.396-405
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    • 2017
  • Main purpose of this study is to analyze determinants of household debt among middle and old individuals aged between 32 and 76 that include Korean baby-boomers(born between 1955 and 1963), using a HAPC (Hierarchical Age-Period-Cohort) model and Korean Welfare Panel Study 2006-2016. This study includes 86,056 individuals. Research findings indicate that aging and period effects have statistically significant relationships with household debt levels, however, cohort effects including a baby-boomer generation do not. While household debt increases by 3,530,000 Korean won as age increases by one year, the rate of increase in household debt reduces as individual ages. In addition, employment and health status at the individual level have significant effects on household debt levels. The unemployed are more likely than the employed to have high household debt levels while unhealthy people tend than healthy people to have high household debt levels.

Analysis of Perception Pattern about Social Participation of Baby Boomer Generation (베이비붐 세대의 사회참여에 관한 인식유형 분석)

  • Kim, Hyun-Jeong
    • Korean Journal of Social Welfare Studies
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    • v.49 no.3
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    • pp.115-145
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    • 2018
  • The purpose of this research is to analyze the subjective perception pattern of social participation by using Q-methodology. Sixty-seven Q-samples were extracted from the Q-population which was constructed, along with analyzing previous research by conducting in-depth interviews with 15. A total of 50 babyboomers, male and female 25 each, participated in Q-sorting, and the data of 50 subjects was finally analysed using QUANL program and found that three factor structures(6 types) were appropriate accounted for 34.06% of the total variance. These six types were different in social participation spontaneity, motivation, preferring activities and constraint factors; 'an ordinary commoner' type and 'the doyen' type (factor 1), 'a social activist' type and 'a kicked out salaried worker'(factor 2), 'still-youth' type and 'now-senior' type(factor 3). According to these results, the researcher discussed theoretically and suggested some significant social welfare implications.

Policy Study on Korean Retail Micro Business (국제 비교를 통한 소매업 소상공인 현황과 정책적 시사점)

  • Suh, Yong Gu;Kim, Suk Kyung
    • Journal of Distribution Research
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    • v.17 no.5
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    • pp.39-57
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    • 2012
  • The unabated influx of micro businesses has turned the Korean retailing market to a rat race, which causes severe financial distress for micro business owners due to heavy competition. The woes of these micro business owner's are exacerbated by the presence of large scale distributors such as Super Supermarket(SSM) and large discount stores. In summary, the Korean retail market is overburdened an uneconomically viable. Retailing has low barriers to entry which attracts unskilled labor or those with little capital. These start-ups have low opportunity costs since they would make low wages elsewhere in the economy. Thus, these owners are content with relatively low returns on their investment. These 'subsistence ventures' are maintained for economical viability rather than economic growth. These 'subsistence ventures' intensifies competition among small-scale businesses. The presence of large retail corporations also aggravates the situation. The recent stagnation of the economy has worsened the retail market in Korea. The overwhelming competition solidifies the coarse structural system and the prolonged economic sluggishness has increased the risk of insolvency for micro business owners. As the economy continues to stagnate, the imminent risk in retailing market will rise up to surface threatening economic stability. More systematic inflows and outflows of retailers are required in order to redress this structural problem. It has been empirically shown that the self-employment rate is high in Korea compared to other OECD countries. To draw the comparison of self-employment rate by industry, Korea shows high rates among transportation, whole sale, retail, education, lodging, and restaurants. In the case of the transportation and education service sectors, this high rate can be explained by the idiosyncratic nature of Korean culture. In the transportation sector, political policies favor private cap service and private freight carriers. In the education service sector, Koreans put particular emphasis on education that leads to many private institutions that outnumber other OECD countries. For these singular reasons, Korea maintains high micro business, self-employed rates particularly in retailing. A comparable nation is Japan, with its similar social, economic, cultural environment among OECD countries. Unlike Korea, Japan has much lower rates of micro business which continues to decrease. Also Korean retailers are much more destitute than Japanese. The fundamental problem of Korean retailing is the involuntary exit of these 'subsistence ventures,' micro businesses with low margins, in which a small drop in demand can lead to financial difficulties for the owner. This problem will be exacerbated when Korean babyboomers retire and join the micro business ventures. The first priority in order to cope with the severity of oversupply in retailing is to provide better opportunities for the potential self-employers. There should be viable alternatives to subsistent ventures. Strengthening the retirement program, scrutiny of exit process, reconfiguration of policy funds are the recommendations.

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