• 한국지역사회생활과학회지
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• 제28권4호
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• pp.599-611
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• 2017

The purpose of this study is to investigate the effect of increased debt on the incidence of domestic violence over the two-year interval 2014-2016. To investigate Korean low-income households with economic hardships, we analyzed the 9th and the 11th waves of the Korea Welfare Panel Study, which is jointly sponsored by the Korea Institute for Health and Social Affairs and the Institute of Social welfare, Seoul National University. The study analysis was based on data from 2,786 households with less than 60% of median income. The main study findings are as follows. First, increases in economic hardships incur domestic violence for low-income households, while increases in low-interest debt decrease the incidence of the domestic violence when controlling for economic hardships. All other things being equal, economic hardship works as a stressor and low-interest debt works as an alleviator influencing domestic violence. Second, when low-income households are experiencing economic hardships, low-interest debt fails to work as an alleviator. Under this circumstance, high-interest debt actually acts as a stressor influencing domestic violence. Thus, we can speculate that use of debt under economic hardships will occur domestic violence for low-income households. This study differs from previous studies in that it examines the effect of increase in debt on the incidence of the domestic violence across different types of debt: low interest, high interest, and credit card. We can conclude that debt can function as a stressor or an alleviator for low-income households, depending on the interest rate and the households' financial situation.

• The Journal of Asian Finance, Economics and Business
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• 제6권3호
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• pp.163-172
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• 2019

The paper aims to investigate the impact of the gap between domestic and international gold price on money demand in Vietnam, an emerging economy in the Asian region. We use a quarterly database collected from the first quarter of 2004 to the fourth quarter of 2016. The time-series database includes 52 observations. The money demand is represented by M2; Domestic income is the Gross domestic product at the constant prices of 1994; Inflation rate is calculated by the Customer Price Index from the General Statistics Office of Vietnam. The result confirms the existence of a long-term cointegration relationship between the money demand and the gap between domestic and international gold price as well as some variables including domestic income, inflation, and real exchange rate. The regression results also show that the gap between domestic and international gold price has a positive impact on money demand in the Vietnamese economy. Besides, the domestic income and international gold price have positive impacts on money demand while the inflation and real exchange rate are negatively related in the long run. This proves that the gap between the domestic and international gold price really has a positive impact on money demand in Vietnam during the study period.

• 가정과삶의질연구
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• 제20권5호
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• pp.87-98
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• 2002

The purpose of this study is to investigate the effects of wife's employment status on the household expenditures of timesaving market substitutes for houseworks. Seven expenditure categories were considered such as food away from home, convenient/prepared food, housing care service, clothing care service, childcare, supplemental education, and domestic services. The data were taken from 1999 Family Expenditure Survey by National Statistical Office. The sample consisted of 29,963 households with 33.2% dual-income households. The average monthly expenditure for food away from home was 127,795 won for dual-income households, while 103.100 won for single-income households. The expenditure for childcare of dual-income households was over six times of single-income households'. Dual-income households spent over ten times of single-income households for domestic services. For most expenditure categories, households with wife working at white-color jobs spent more than other dual-income households. After being other household characteristics to be constant, wife's occupation had found to be related with the household expenditures for most market substitutes. For the expenditures on both food away from home and childcare, employed-wife households with any kind of jobs were found to have higher possibility to spend and to be spent more than non-employed-wife households. The households with wife employed at white-color jobs spent more on clothing care service and domestic services than the households with the not working. Employed-wife households had higher possibility to spend on supplemental education, but they did not spend more on the expenditure, compared to nonemployed-wife households.

• East Asian Economic Review
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• 제19권4호
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• pp.381-408
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• 2015

This paper investigates a link between the significant decline in the growth of domestic demand and the dampened ripple effects from the export sector in Korea since the East Asian financial crisis. The dampened ripple effects are closely linked to the changed investment behaviors of the Korean large-sized exporting firms since the crisis: they do not invest in their export earnings any more to create new industries; they tend to use more foreign value added contents for their exports and to increase outward direct investment by actively participating in global value chains. The paper also examines a link between the growth of domestic demand and the growth of household disposable income and presents reasons for the decline in the growth of household disposable income since the East Asian financial crisis.

• 농업과학연구
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• 제38권2호
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• pp.383-391
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• 2011

Traditional international trade theory assumes that import goods and domestically produced goods of the same industry are equal in quality. However the substitutability of the two goods is imperfect. This article estimated the import functions of pulp and paper using econometric and vector autoregressive models, and calculated the elasticities of substitution between imported and domestically produced pulp and paper. The import of pulp is inelastic to import price and domestic price, and elastic to national income in econometric model. And it is inelastic to import price, domestic price and national income in vector autoregressive model. On the other hand, the import of paper is inelastic to domestic price, and elastic to import price and national income in econometric model. And it is inelastic to import price and domestic price, and elastic to national income in vector autoregressive model. The elasticity of substitution between imported and domestically produced pulp was positive, and the elasticity was respectively 0.42 and 0.20 in econometric and vector autoregressive models. This may be because of the high proportion of imports. On the other hand, the elasticity of substitution between imported and domestically produced paper was positive, and the elasticity was respectively 0.75 and 0.81 in econometric and vector autoregressive models. This may be because the quality of imported paper is different from that of domestically produced paper.

• 통상정보연구
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• 제10권1호
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• pp.315-327
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• 2008

According to the Bank Profitabilities Statistics of OECD members, Our domestic banks applying commissions for both exchange and selling/buying foreign currencies are evaluated as much higher than those of other countries banks. The theory indicates an analysis results and comparison in between banks over the world. Our domestic bank assert that, in general, the aggregated banking commission income is lower than those of other countries by comparing in the field of non-interests profits. Viewing by another analysis in details, some commission rate applying to domestic services are far below than cost basis, but other commission rate applying to foreign currency transaction services is abnormally higher. Such unfair rate should be lowered to the similar level to other banks in the world and also the actual cost should be reasonably reevaluated in the reasonable manner. One more thing, The writer suggest that domestic banks should spend efforts to increase their income by improving and diversifying with the various type of new commissions applied to domestic market, such as multi-functional financial services, expanding ATM services, electronic settling technique etc under today's rapidly changing and opening world financial market.

• 사회복지연구
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• 제48권4호
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• pp.33-57
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• 2017

본 연구는 점증하는 가계부채에 대한 관심과 우려가 커지는 상황에서 가계부채가 부부폭력의 위험에 미치는 영향을 분석하였다. 자료는 한국복지패널 4~11차(2009~2016년) 데이터를 활용하였으며, 분석방법으로는 일반화추정방정식(Generalized Estimating Equations)을 사용하였다. 분석 결과, 가계부채비(가처분소득 대비 총부채액)와 부채상환비(가처분소득 대비 부채상환액)가 높아질수록 부부폭력의 위험도 증가하는 경향이 있었 다. 비빈곤층에서는 높은 부채상환비가, 빈곤층에서는 높은 비우량부채비가 부부폭력의 위험을 높이는 것으로 나타났다. 물질적 결핍의 매개효과 역시 빈곤지위에 따라 달랐는데, 빈곤층에서는 물질적 결핍이 비우량부채비와 부부폭력의 관계를 매개하는 것으로 보이나, 비빈곤층에서는 그러한 관계가 관찰되지 않았다. 이 연구는 경제적 곤란이 부부관계의 질에 영향을 미친다는 가족스트레스모델을 가계부채의 역할에 초점을 맞추어 적용하고, 경제적 곤란을 야기하는 다양한 요인 중 부채 부담 수준이 부부폭력의 위험에 미치는 영향을 실증분석 하였다는데 의미가 있다.

• The Journal of Asian Finance, Economics and Business
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• 제8권11호
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• pp.31-39
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• 2021

This study empirically examines the proposition that the domestic fundamentals of a nation can emerge as absorptive capacity factors to reap the benefits of inward FDI. The study is contextualized in Asia, set from1982 to 2017, and data is grouped into low-income and lower-middle-income economies, in comparison to high-income and upper-middle-income economies, catering to different geographical regions within Asia. The investigation is based on a series of absorptive capacity factors such as infrastructure, human capital, domestic credit, and health indicator. The methodological analysis is premised on dynamic panel structure and employs the Generalized Method of Moments (GMM) estimation technique. The empirical findings suggest that that the infrastructure variable appears to be the major absorptive capacity factor for both groups of countries. The health indicator, on the other hand, can help reap the benefits of inward FDI, but only if the threshold level is met. The selected economies must achieve this threshold level to reap the benefits of FDI. To absorb the benefits of inward FDI, countries must be proactive in providing sound infrastructure and implementing proper healthcare measures.

• 대한가정학회지
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• 제35권1호
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• pp.263-276
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• 1997

The objectives of this study were to examine the differences in brand selection motives according to the domestic and foreign brand selection with shirts and jeans and to disclose the relationships between the brand selection and consumers' charcteristics; like their demographic variables sociability and superiority. Samples were 262 college women in Seoul Korea. The data were analyzed using t-test paired t-test χ2-test and discriminant analysis. The results of the study were the followings. 1. Purchasers of foreign brand were influenced by 'quality' 'wearing of others', 'reputation of brand', 'possibility of credit card use' more than those of domestic while purchasers of domestic brand were influenced by price. 2. Purchasers of foreign brand had more tendency to decide which brand to buy in advance than those of domestic. 3. 6 brand selection motives consumers' income and sociability contributed to discriminating the group of domestic and foreign brand purchase with shirts. The accuracy of the predicting the groups by the 8 variables was 75.95% Consumers high in sociability and income belonged to the group of foreign brand purchase. 4,6 brand selection motives consumers' age and superiority contributed to discriminating the group of domestic and foreign brand purchase with jeans. The accuracy of the predicting the groups by the 8 variables was 72.52% Consumers high in sociability and income belonged to the group of foreign brand purchase. 4. 6 brand selection motives consumer's age and superiority contributed to discriminating the group of domestic and foreign brand purchase with jeans. The accuracy of the predicting the groups by the 8 variables was 72.52% Consumers high in superiority and youngers belonged to the group of foreign brand purchase.

• 노동경제논집
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• 제40권3호
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• pp.57-77
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• 2017

우리는 현행 복지제도의 노동공급 역유인 효과를 방지 완화하기 위하여 4인 가구 기준 연소득 5,000만 원 이하 가구에 대해 소득부족액을 기준으로 보조금을 지원하는 한국형 음소득세인 안심소득제(safety income system)를 제안한다. 이 제도 하에서는 노동공급 증가로 국내총생산이 상승하고, 저소득가구의 처분가능소득 증대로 소득격차도 완화될 수 있다. 가계동향조사 미시자료를 사용하여 검증한 결과 안심소득제의 소득격차 완화 정도는 기존제도 및 기본소득제에 비해 월등한 것으로 나타났다.