• Title/Summary/Keyword: Economic Inequality

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Father's Education and Inequality in Korean Labor Market (아버지 학력과 노동시장 불평등)

  • Cho, Woo Hyun
    • Journal of Labour Economics
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    • v.27 no.2
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    • pp.67-89
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    • 2004
  • In this paper, I examine the impacts of father's education, a proxy for family wealth and income, on the individual's education, occupational choice and labor force status. I find that father's education influences the level of individual educational investment and occupational choices directly, whose findings are quite different from those of Blau and Duncan(l967) and Phang and Kim(2000). I also find that father's higher level of education induces an individual to withdraw from the labor force, which results in erosion of inequality among family. Therefore I argue that the inheritance of inequality in family wealth tends to persist, while the erosion of inequality proceeds, as well.

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Relationship between Elderly Suicide Rates and Socio-economic Factors in Korea: centering around the Trend of Changes in 1990-2010 (한국 노인자살률과 사회·경제적 요인의 관련성 -1990년~2010년 변화 추이를 중심으로)

  • Kim, Hyoung-Soo;Kwon, Lee-Kyung
    • The Journal of the Korea Contents Association
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    • v.13 no.6
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    • pp.236-245
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    • 2013
  • This study analyzed the relationship between elderly suicide rates and socio-economic factors from the macroscopic perspectives. As certain theoretical background of elderly suicide, sociological and economic perspectives are applied. The economic factors of elderly suicide rates consisted of economic growth and unemployment rate, economic activity rate of the aged, and relative poverty rate (income inequality rate). The sociological factors included social welfare spending, divorce rate, growth rate of population aging, and elderly dependency ratio. According to research findings, first, the more economic activity of the aged is low, the more elderly suicide rate is high. Second, the more social welfare spending rate goes flat, the more elderly suicide rate is growing. Third, the more relative poverty rate (income inequality), increasing population aging rate, and elderly dependency ratio are high, elderly suicide rate goes high at the same time. Finally, this study proposed several socio-economic policy alternatives for preventing continuous growth of Korean elderly suicide rate.

Analysis of the Relationship between House Price, Income Inequality and Macroeconomic Variables (주택가격, 소득불평등 및 거시경제변수간의 관계분석)

  • Kwon, Sun-Hee;Hyun, Seong-Min
    • Journal of Digital Convergence
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    • v.17 no.1
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    • pp.55-62
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    • 2019
  • This study analyzed the relationship between housing price, purchase price, Gini coefficient, interest rate, and the employment, considering that the change in housing price was an important factor influencing macroeconomic variables and income inequality. The panel VAR model was constructed considering the panel data, and the Granger causality, Impulse response and Variance dispersion analysis were performed. As a result, when compared to before and after the global financial crisis, it was shown that the rent price had an effect on income inequality, but in the following period, both the rent price and the selling price affected the income inequality. And that it has a large impact on inequality. In addition, the causality between income inequality and employment rate, interest rate, and tax rate was confirmed. Therefore, it is expected that it will be a desirable policy to mitigate income inequality considering the influence of policy variables for economic activation including government real estate policy.

Relative Deprivation in Consumption of Urban Poor Households in Korea (도시빈곤가계의 상대적 박탈 -소비를 중심으로-)

  • 윤정혜
    • Journal of the Korean Home Economics Association
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    • v.32 no.3
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    • pp.27-44
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    • 1994
  • Despite the rapid economic growth since the 1960s the economic inequality has been exacerbated in Korea. This study analyzed the variables influencing the level of objective deprivation. For empirical analysis this study used the data on 602 households in the city of Inchon collected by the researcher through interviews. The major method used in this study was the four stepwise multiple regression. The findings were as follows : the residential class was the most critical variable in determining the level of deprivation. For the entire sample assets had stronger effect on the deprivation than nonasset income but two variables had different effects depending on residential class. For the poor residential class two variables had the effect These results imply that the household consumption in Korea shows remarkable difference according to residential class and that the inequality of wealth compared to that of nonasset income had much more serious effects.

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Estimation and Verification for Polarization of Income Distribution in Korea (소득분포 극화의 추정과 검증)

  • Yoo, Gyeongjoon
    • KDI Journal of Economic Policy
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    • v.29 no.3
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    • pp.1-28
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    • 2007
  • Upon analyzing several Korean Income data sets, it is confirmed that the relationship between Gini coefficient and bi-polarization measure (EGR) is empirically not different although they each come from different theoretical basis. Furthermore, it is difficult to state that the degree of polarization of income distribution, measured by DER, in Korea has deepened more than that of income inequality, estimated by Gini coefficient, in the periods of before and after the economic crisis.

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The Effect of Economic Inequality, Housing, Neglect, and Domestic Violence on Child Abuse Using Google Trends (Google 트랜드를 활용한 경제적 불평등, 주거, 방임, 가정폭력의 아동학대와의 인과관계)

  • Lee, Hyoung-Ha
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2021.01a
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    • pp.121-122
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    • 2021
  • 본 연구의 목적은 Big Data를 활용하여 우리나라 아동학대에 영향을 미치는 경제적 불평등, 주거, 방임, 가정폭력 등의 생태체계적 요인을 규명하고자 한다. 이를 위해 Google 트랜드의 지난 5년간(2016.01.10.~ 2021.01.03.)의 경제적불평등-주거-방임-가정폭력-아동학대 등의 주제어 중심의 분석을 시도하였다. 분석결과, 경제적 불평등(B=.159, p<.05), 주거(B=.814, p<.01), 방임(B=.248, p<.001), 가정폭력(B=.151, p<.05)은 아동학대에 유의미한 영향을 미치는 것으로 나타났다.

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Determinants of the Unemployment's Distributional Effect on the Income Inequality; A Comparative Study of the Industrialized Countries (실업의 소득불평등 효과의 국가간 차이에의 영향요인 분석 : 1980년대 서구 복지국가들을 대상으로)

  • Lee, Sang-Rok
    • Korean Journal of Social Welfare
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    • v.36
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    • pp.229-257
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    • 1998
  • In order to evaluate the effects of high unemployment rates on the income distribution and to find out mediative factors to these effect, the relationship between unemployment and income inequality in the industrialized countries and determinants of their relationship are analysized in this paper. Major findings from the analysis are these. First, changing pattern of unemployment rates are not similiar that of income inequality in the industrialized countries. This result suggests that relationships between unemployment and income inequality are dissimiliar within the industrialized countries. Second, results from analysis about relevant factors' effect on the relationship between unemployment and income inequality, the effects of economic factors such as economic growth rates and the scale of economy are not significant. But variables such as union density rates and scale of social welfare expenditure are found to have significant effects on the relationship between unemployment and income inequality. In fact, when the policy factors enters, the negative distributional effects of unemployment are lower by 50%. These results impliy that dissmilarities between the industrialized countries in the 1980s' changing patterns of income inequality are engendered from the union density rates and scale of social welfare expenditure. These findings in this paper suggest such a implication to the Korea; In order to achieve the more deserable society, policy orientations which give the priority to the economy restructuring rather than development of social welfare have to be reexamined and modified.

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International Comparison of the Income Distribution (소득분배의 국제비교를 통한 복지정책의 방향)

  • Yoo, Gyeongjoon
    • KDI Journal of Economic Policy
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    • v.25 no.2
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    • pp.55-88
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    • 2003
  • When the definition of income and the equivalence scale was applied just as it was in the LIS (Luxembourg Income Study), the adjusted disposable income inequality calculated by Gini coefficients in Korea was 0.358 for the year 2000. Compare to the 1996 figure of 0.298 the increase of income inequality has skyrocketed. In addition, the adjusted market income inequality increased from 0.302 in 1996 to 0.374 in 2000. The disposable income inequality ranked the third and the market income inequality ranked at the mid level in 2000 among OECD countries. One significant finding in this paper was that the difference between the disposable income inequality and market income inequality in Korea is very small compared to those of other OECD countries. The relative poverty ratio, which is calculated by using 40% of the medium income bracket of the disposable income was calculated at 7.6% in 1996 and 11.5% in 2000. The poverty ratio in 2000 for Korea ranked one of the highest in OECD countries, also.

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Decomposition of Health Inequality in High School Students (고등학생의 건강 불균등 요인별 분해)

  • Ahn, Byung-Chul;Joung, Hyo-Jee
    • Journal of the Korean Society of School Health
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    • v.20 no.1
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    • pp.63-75
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    • 2007
  • Purpose: With economic development and prolonged longevity, the level of health and health disparities have became growing concerns for individual and society as well. Since youth's health status are influenced by households' socioeconomic status and associated with heath status in later stage of life, assessing health inequality in the youth is a significant step toward lessening health disparity and promoting health. We measured health inequality in high school students and decomposed it into health factors. Methods: The subjects included 3,787 high school students of 12th graders from the Korea Education and Employment Panel (KEEP) in 2004. True health status was assumed as a latent variable and estimated by ordered logistic regression model. The predicted health was used as a measure of individual health after rPSraling to [0,1] interval. Total health inequality was then measured by Gini coefficient and was decomposed into health factors. Results: Health inequality in high school students was observed. Of total health inequality, 44% was explained by biological factors such as body mass index (BMI) (32.5%) and gender (13.5%). Behavioral factors such as smoking, drinking, physical activity, hours in bed and hours of computer ussge added to 11.7%. Household income and work experiences explained 5.6% and 8.8%, respectively. School satisfaction explained 14.6%. Other school related factors such as self-assessed achievement and experience of being bullied accounted for 15.5%. Conclusion: Among the health factors, biological factor was the most important contributor in health disparity. Other factors such as health behaviors, socioeconomic factors, school satisfaction and school related factors exhibited somewhat similar magnitude. For policy purposes, it is recommended to look into modifiable factors depending BM, gender and school surroundings.

A NON-COMPACT GENERALIZATION OF HORVATH'S INTERSECTION THEOREM$^*$

  • Kim, Won-Kyu
    • Bulletin of the Korean Mathematical Society
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    • v.32 no.2
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    • pp.153-162
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    • 1995
  • Ky Fan's minimax inequality is an important tool in nonlinear functional analysis and its applications, e.g. game theory and economic theory. Since Fan gave his minimax inequality in [2], various extensions of this interesting result have been obtained (see [4,11] and the references therein). Using Fan's minimax inequality, Ha [6] obtained a non-compact version of Sion's minimax theorem in topological vector spaces, and next Geraghty-Lin [3], Granas-Liu [4], Shih-Tan [11], Simons [12], Lin-Quan [10], Park-Bae-Kang [17], Bae-Kim-Tan [1] further generalize Fan's minimax theorem in more general settings. In [9], using the concept of submaximum, Komiya proved a topological minimax theorem which also generalized Sion's minimax theorem and another minimax theorem of Ha in [5] without using linear structures. And next Lin-Quan [10] further generalizes his result to two function versions and non-compact topological settings.

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