• Title/Summary/Keyword: Household Income Inequality

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The Incidence of Stroke by Socioeconomic Status, Age, Sex, and Stroke Subtype: A Nationwide Study in Korea

  • Seo, Su Ra;Kim, Su Young;Lee, Sang-Yi;Yoon, Tae-Ho;Park, Hyung-Geun;Lee, Seung Eun;Kim, Chul-Woung
    • Journal of Preventive Medicine and Public Health
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    • v.47 no.2
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    • pp.104-112
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    • 2014
  • Objectives: To date, studies have not comprehensively demonstrated the relationship between stroke incidence and socioeconomic status. This study investigated stroke incidence by household income level in conjunction with age, sex, and stroke subtype in Korea. Methods: Contributions by the head of household were used as the basis for income levels. Household income levels for 21 766 036 people were classified into 6 groups. The stroke incidences were calculated by household income level, both overall within income categories and further by age group, sex, and stroke subtype. To present the inequalities among the six ranked groups in a single value, the slope index of inequality and relative index of inequality were calculated. Results: In 2005, 57 690 people were first-time stroke patients. The incidences of total stroke for males and females increased as the income level decreased. The incidences of stroke increased as the income level decreased in those 74 years old and under, whereas there was no difference by income levels in those 75 and over. Intracerebral hemorrhage for the males represented the highest inequality among stroke subtypes. Incidences of subarachnoid hemorrhage did not differ by income levels. Conclusions: The incidence of stroke increases as the income level decreases, but it differs according to sex, age, and stroke subtype. The difference in the relative incidence is large for male intracerebral hemorrhage, whereas the difference in the absolute incidence is large for male ischemic stroke.

Inequality of the Household Private Educational Expenditures by Income Classes (가계의 소득계층별 사교육비 지출 불평등)

  • 이성림
    • Journal of the Korean Home Economics Association
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    • v.40 no.9
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    • pp.143-159
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    • 2002
  • This study investigates inequality of the private educational expenditure using the Family Expenditure Survey of 1990, 1996, 1998, and 2000. The major results are: first, inequality of the private educational expenditure has been relived between 1990 and 2000; second, despite decrease in household income right after the Korean economic crisis, the private educational expenditure has been increased in the households having middle and high school students; third, the gaps in the private educational expenditure between income groups are mainly due to the differences in the spending levels of the private education rather than differences in the percentages of households who spend any in the private education; fourth, in 2000, the gini coefficient of the private educational expenditure among households having elementary school student is 0.4832, and 0.6468 among households having middle and high school students; fifth, 30% of the households having middle and high school students who show the highest level of the private educational expenditure occupy 80% of the total private educational expenditure made by the whole households.

Factors Impacting on Income Inequality in Vietnam: GMM Model Estimation

  • NGUYEN, Hiep Quang
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.635-641
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    • 2021
  • This article analyzes the factors affecting income inequality in Vietnam, with data from 63 provinces and cities collected from the Vietnam Household Living Standards Survey of the General Statistics Office of Vietnam from 2010 to 2018. The article will firstly build a research model to identify factors affecting income inequality. Then, it uses the Generalized Method of Moments (GMM) method to evaluate the effect of factors on income inequality in Vietnam. The empirical estimate result shows that, in the period from 2010 to 2018, the factors such as the proportion of the working employees, income per capita, and inflation have positive effects on the Gini coefficient. That is, when these factors increase, there will be negative effects on improving income inequality in Vietnam. Conversely, when the factors such as the proportion of the literate adults, the proportion of the urban population, and population density increase they will have a positive impact on improving income inequality in Vietnam during this period. The estimated coefficients satisfied the sign expectation except the proportion of the literate adults. It means that, in Vietnam, the increase and more equilibrium in educational attainment balance the distribution of income and bring an improvement in income inequality.

The Importance of Financial Literacy: Household's Income Mobility Measurement and Decomposition Approach

  • MONSURA, Melcah Pascua
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.647-655
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    • 2020
  • This study introduced income mobility analysis using pseudo-longitudinal panel data from Family Income and Expenditure Survey (FIES) to consider the dynamic process of individual's well-being through time. Since there is no comprehensive measurement of income mobility because of its dynamic process, various income mobility indices such as Chi-square, Average Jump Index, Atkinson et al. Mobility Ratio, and Shorrocks' Mobility Index were used. These indices revealed that Filipino households' income movements are more mobile than expected, and their income status improved from 2000 to 2015. As income mobility takes place, income inequality is reduced by 91.80 percent (91.80%). Furthermore, the growth effect is the main factor of income mobility. This indicates that households took the economic opportunities from economic growth to earn more. However, income mobility due to transfer effect (transfer of income from one household to another through lottery winning and borrowing) increased when the economy is not good. The higher income mobility due to growth effect compared to transfer effect, whether the economy is good or bad, means that households learned how to use their income in savings, investments, and entrepreneurship. This is the result of a successful financial literacy program of the government wherein households realized financial stability and security.

Exploration into the Determinants of Household Consumption: Liquidity Constraint and Family Characteristics (횡단면 자료를 이용한 가구소비 결정요인에 관한 연구 - 유동성 제약과 가구별 특성을 중심으로 -)

  • Hur, Seok-Kyun
    • KDI Journal of Economic Policy
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    • v.27 no.1
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    • pp.1-38
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    • 2005
  • Our paper aims to estimate a household consumption function in the presence of liquidity constraints as well as household characteristics. Empirical findings from a Korean cross-sectional data (National Survey of Household Income and Expenditure) reveal that several family characteristics, such as household size, number of working members, children in school, and educational level and age of the household head, turn out to be critical determinants of household consumption. Especially, the influence of household size on consumption decision is shown to be highly significant, not only indirectly through its impact on household income, but also directly by affecting the household's preference for consumption itself. While, the other family characteristics primarily influences household income. Our paper distinguishes itself from existing literature in that it greatly improves the explanatory power of the estimated household consumption function by measuring the degree of the liquidity constraint rather than simply identifying its presence. Based on the assumption that the present value of human capital is a function of household characteristics, the degree of the liquidity constraint is represented by the underestimated portion of the human capital. Such a method of implementing the liquidity constraint is useful in treating various types of assets according to their liquidity. Finally, our estimated household consumption function is applied to decompose cross-sectional variances of consumption inequality. The analysis confirms that the overall alleviation in liquidity constraints in Korea after the 1997 currency crisis reduced consumption inequality despite the worsening of income inequality and changes in the demographic composition of family characteristics during the same period.

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A Decomposition of the Gap between the Capital and Non-Capital Regions in the Inequality of Wealth (수도권과 비수도권 간 자산 격차의 요인분해)

  • Jeong, Jun Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.2
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    • pp.196-213
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    • 2019
  • This paper attempts to analyze the contribution of different socioeconomic factors such as income, age, gender, household composition, education and employment status etc. to the difference between the Capital and Non-Capital Regions in the net wealth inequality of household in Korea. To this end, a two-stage Oaxaca-Blinder type decomposition is employed regarding the regional gap in the inequality of net wealth based upon the Recentered Influence Function of the Gini index for 'the 2018 Household Finance and Living Conditions Survey.' Despite the shortcomings of the survey data on wealth, the findings reveal that regional differences in income, marriage status (divorce), job type (agriculture, forestry and fishery related, and technical and assembly), family type (multi-cultural) variables deepen the regional gap in the net-wealth inequality, but employment status (full-time), job type (administrative and specialized, and service sales), household size variables mitigate the gap, and that regional differences in life cycles play an offsetting role.

The Effects of Medical Expenditure on Income Inequality in Elderly and Non-Elderly Households by Income Class (소득계층별 노인과 비 노인가구의 의료비 지출이 소득불평등에 미치는 영향)

  • Lee, Yong-Jae
    • Journal of Digital Convergence
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    • v.16 no.10
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    • pp.49-57
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    • 2018
  • This study aims to identify the inequalities and characteristics of health care expenditure of the elderly and non-elderly households by income level. As a result, health care expenditure of elderly households was statistically significantly higher than that of non-elderly households. As a result of calculating the concentration index of health care expenditure by income level, inequality was higher in order of non-elderly households, elderly households, and total households. In order to confirm the effect of health expenditure on household income inequality, we calculated the concentration index of income excluding total health care expenditure from total income. As a result, inequality was higher in order of elderly households, whole households, and non-elderly households. There was not much difference in inequality of health care expenditure among elderly households and non-elderly households. And, the health care expenditure of elderly households was much higher than that of non-elderly households. Also, inequality of health care expenditure by income group was serious. There should be no cases where the medical care support policy for elderly households can not use necessary medical services.

Evaluation of the association between dental floss and interdental brush use and periodontal health inequality reduction: among Korean adults (치실 및 치간칫솔 사용과 치주건강 불평등 완화의 연관성 평가 : 한국 성인을 대상으로)

  • Han, Su-Jin
    • Journal of Korean society of Dental Hygiene
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    • v.21 no.2
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    • pp.129-140
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    • 2021
  • Objectives: We sought to evaluate the mitigating effect of using floss and interdental brushes on periodontal health inequality. Methods: This study was based on data acquired from the Seventh Korea National Health and Nutrition Examination Survey (KNHANES VII; 2016-2018). We included 11,359 participants aged ≥19 years in the final analysis. Multivariable logistic regression analysis was performed using socioeconomic characteristics, health behavior, health status, and periodontitis status. We analyzed differences in the prevalence of periodontitis according to household income stratified by the use of floss and interdental brush. Results: In the multivariable logistic regression model, the lowest income group had 1.304 (95% confidence interval [CI] 1.08-1.58) odds ratios for periodontitis than the highest income group. In the interdental brush nonusers or floss nonusers, the lowest income group had significantly higher odds of developing periodontitis. However, we found no significant differences in the periodontitis prevalence between the income groups among the interdental brush users. In the 65-year-old or older group, the same result was observed in the interdental brush and floss users. Conclusions: The results suggest that the use of floss and interdental brushes could alleviate periodontal health inequality.

Analyzing the Residential Mobility Factors of Low-Income Households (저소득가구의 주거이동 요인 분석)

  • Kang, Mi;Lee, Jae Woo
    • Korea Real Estate Review
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    • v.28 no.3
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    • pp.79-94
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    • 2018
  • This study analyzed the factors associated with residential mobility based on the data from the 11th to the 19th wave of the Korean Labor & Income Panel Study (KLIPS). After grouping low-income households within the first to the fourth income bracket into households that exhibited no income bracket change and those with income bracket changes during the research period, this study examined the effects of the income situation of each group on residential mobility. According to the results of the analysis, in the group of households that showed no low-income bracket change, significant effects were found only in the age of the head of the household, housing cost, and rental deposit (Jeonse) and monthly rental of the household. In the group of households that showed low-income bracket changes, findings were generally in line with those of the whole household, where total income and the number of full-time employees in the household were the same as those of the whole household, indicating that it would be necessary to improve the employment stability of low-income households. Based on the findings of this study, housing inequality is intensifying within low-income households, and, thus, housing policies, based on continuing surveys, must be implemented to enhance income opportunities and stabilize the housing needs of low-income households.

The Impact of International Integration on the Inequality of Income between Rural and Urban Areas in Vietnam

  • NGUYEN, Thi Thanh Huyen;NGUYEN, Thi Thu Hien;NGUYEN, Thi Le Hang;NGUYEN, Van Cong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.277-287
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    • 2020
  • The study examines the impact of international integration on Vietnam's rural and urban income inequalities using the regression model. The data used for this study is based on the results of the Vietnam Household Living Standards survey from 2008 to 2016 of the General Statistics Office. These surveys conducted nationwide with a sample size of 46,995 households in 3,133 communes/wards which were representative at national, regional, urban, rural and provincial levels. The level of international economic integration used in the study is the proportion of import and export turnover of GDP, the proportion of FDI and GDP by province. Due to the heterogeneity and unobservableness of the single observant in the data set, we selected the models of random and fixed effects. The research results show that during the economic integration process, the Export/GDP factor is negatively related to income inequality. The remaining factors (GDP per capita, FDI/GDP, Educational level of households, Percentage of internet users, Aggregation of foreign cash inflow and GDP of the province) are all positively related to income inequality. The findings help assess the impact of international integration on rural-urban income inequality, but also provides a concrete basis to help policymakers address income inequality in the integration process.