• Title/Summary/Keyword: Income effect

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The Effect of Income Status on Life Satisfaction of Middle-aged and Disabled Persons: Multiple Mediating Effects of Depression and Social Support (중장년 장애인의 소득지위가 삶의 만족에 미치는 영향: 우울과 사회적 지지의 다중매개효과)

  • Lee, Hyoung-Ha
    • Journal of the Korea Convergence Society
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    • v.12 no.11
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    • pp.377-389
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    • 2021
  • This study analyzed whether depression and social support had a mediating effect between income status and life satisfaction of middle-aged and elderly people with disabilities using data from the 15th year of the Korea Welfare Panel data. As a result of the analysis, first, the income status of the middle-aged and disabled was depressed(B=.241, p<.001), social support(B=-.167, p<.001), and life satisfaction(B=-.277, p<.001) was confirmed to have a direct effect. Second, the mediating effect of depression and social support was verified on the influence between the income status of middle-aged and disabled people between life satisfaction. Third, it was confirmed that depression and social support had a multi-mediating effect between the income status and life satisfaction of middle-aged and disabled people. Therefore, an income support system that supports middle-aged and disabled people to live at an appropriate level should be prepared. In addition, in order to increase the life satisfaction of middle-aged and disabled people, it is necessary to intervene in mental health support services that can actively cope with depression and to expand the social support network.

Comparison of the Effect of Income-Redistribution before and after the Mergence of Medical Insurance Program for Self-employeds (지역의료보험 통합전후의 계층간 보험료 이전효과 비교)

  • 박재용;박재원
    • Health Policy and Management
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    • v.11 no.2
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    • pp.85-122
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    • 2001
  • This study compared and analyzed the effect of income-redistribution, collecting data on the basis of the estimated details of insurance contribution and individual money wage lists for each one year before and after the combination of medical insurance program for industrial workers, by systematic sampling, extracting 4,160 families(14,764 people) among people applied to medical insurance program for self employees in Taegu City on the basis of Oct. 1st in 1998 with 227 associations of medical insurance program for self employees and medical insurance program for government employees and private school teachers combined, comparing the effect of income redistribution of before and after the combination of medical insurance program for self employees. The insurance contribution by household after the combination of medical insurance program for self employees showed the increase rate of average 20.9%, among them households of 68.8% increased and 31.2% decreased. The effect of income-redistribution was more positive because the degree of inequality was more deepened from 0.64 of the before-combination to 0.45 of the after-one in decile distribution ratio, from 0.26 to 0.34 in Gini -coefficient. Decile distribution ratio on the basis of insurance benefits by household was from 0.09 in the before-combination to 0.14 in the after-one, Gini-coefficient from 0.16 in the before-combination to 0.57 in the after-one was a little lowered. And decile distribution ratio of insurance benefits on the basis of insurance contribution was higher from 1.08 in the before-combination to 1.23 in the after-one, concentration index was a little lowered from 0.14 to 0.11, the effect of income-redistribution was improved in the phase of insurance benefits. The income-transfer rate of medical insurance program for self employees (the occupied rate of insurance benefits/ the occupied rate of insurance contribution) showed a lower trend in all of the before and after-combination towards upper classes, it was known that the income-transfer rate was higher from 1st degree to 7th degree in the after-combination in comparison with the before-one, but the effect of income¬redistribution was high because the income-transfer rate was lowered from 8th degree to 10th degree. The rate of medical insurance benefits (insurance benefits/ insurance contribution) increased from 0.79 in the before-combination to 1.07 in the after-one, and showed over 1.0 under 3th degree before the combination, but all of it was higher than 1.0 under 7th degree after the combination, the after-combination was more improved than the before-one in view of the rate of insurance benefits. As the result of above, on the basis of Oct. 1st in 1998 that 227 associations of medical insurance program for self employees was combined into one, we could say that the equality of imposing medical insurance contribution was more re-considered in the after-combination than in the before-one. But this study analyzed with classes divided, anyway, on the basis of insurance contribution, we have limit in explaining the correct effect of income-redistribution, because it was not analyzed according to classes of income, though it helps to analogize the effect of income-redistribution. So there must be analysis about the effect of income-redistribution, on the basis of the system, building up the system to grasp the correct income of the insureds of medical insurance program for self employees.

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Mediating Effect of Corporate Welfare Satisfaction in the Relationship between Retirement Pension System's Income Security and Job Commitment (퇴직연금제도의 노후소득보장성과 직무몰입의 관계에서 기업복지만족도의 매개효과)

  • Kim, Soo-Jung;Choi, Yun-Jin;Lee, Gwang-Il
    • The Journal of the Korea Contents Association
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    • v.21 no.9
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    • pp.234-244
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    • 2021
  • The purpose of this study is to investigate the effect of the retirement pension system on workers' retirement income security and job commitment, and to verify the mediating effect of corporate welfare satisfaction in the relationship between the retirement pension system's retirement income security and job commitment. Employees of domestic K-company, which have been implementing the retirement pension system since 2011, were surveyed, and 403 copies of the final data were analyzed using SPSS 22.0. The analysis results are as follows. First, as the sub-factors of the retirement income security, the guarantee of the retirement benefits right and the income replacement rate had a significant positive(+) effect on job commitment. Second, as sub-factors of the retirement income security, the income replacement rate and customized retirement design had a significant positive(+) effect on corporate welfare satisfaction. Third, corporate welfare satisfaction had a significant positive(+) effect on job commitment. Fourth, it was found that the relationship between the income replacement rate and job commitment, which are sub-factors of retirement income security, is mediated by diversity and the level of benefits, sub-factors of corporate welfare satisfaction. Based on the results of this study, it was confirmed that the implementation of the retirement pension system enhances the employee's job commitment and corporate welfare satisfaction, and is also important for corporate management.

The Influence of Public Transfer Income and Private Transfer Income on Life Satisfaction of the Elderly: Multiple mediating effects of depression and social support

  • Lee, Hyoung-Ha
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.6
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    • pp.155-166
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    • 2021
  • The purpose of this study is to investigate whether depression and social support have a multiple mediating effect in affecting the life satisfaction of the elderly with public and private transfer income. To this end, the 7th panel data (2017) among the data of the Korean Retirement & Income Study (KReLS) was used for analysis, and the analysis was conducted using structural equation modeling (SEM). As a result of the analysis, first, it was analyzed that the higher the public transfer income of the elderly, the lower the level of depression, the higher the social support, and the higher the satisfaction of life. Second, the partial mediating effect of depression was verified in the influence of the elderly's public transfer income and private transfer income on life satisfaction. Third, the partial mediating effect of social support was verified in the influence of the elderly's public transfer income and private transfer income on life satisfaction. Fourth, it was verified that the multiple mediating effects of depression and social support were significant in the effect of the elderly's public and private transfer income on life satisfaction. Based on the results of this analysis, policy proposals were made, such as revitalizing the Community Care program to strengthen the social support network of the elderly.

The Effect of Economic loss and Income levels on Adolescents' Educational Attainment (경제적 상실과 소득수준이 청소년의 교육성취에 미치는 영향)

  • Ku, In-Hoe
    • Korean Journal of Social Welfare
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    • v.53
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    • pp.7-29
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    • 2003
  • This study estimates the effect of economic loss including parental job loss and income loss on adolescents' educational attainment before and after family income and poverty are controlled for. Results from this study show that both parental job loss and income loss are negatively associated with the number of schooling years completed by adolescents and the probability that adolescents would enter a college. The negative relationship between economic loss and adolescents' educational attainment persists after income levels are controlled for. Income levels also have a statistically significant effect on adolescents' educational attainment. Among the various measures of income levels, poverty has an especially larger effect. Although the results are not consistent across estimated models, the effects of parental job loss and income loss are as large as that of poverty. Results for the models separately estimated by the sex of adolescents show that female adolescents are more negatively affected by both economic toss and income levels. There is little evidence that male adolescents are negatively affected by economic loss. Yet, male adolescents are negatively affected by income levels including poverty. Findings from this study suggest that societal support for families experiencing economic loss should be improved to avoid the harmful effect of the loss on adolescents' educational attainment. More targeted efforts should be made to financially support families facing both economic loss and poverty.

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Analysis of Unequal Distribution of Population Income in Indonesia

  • PRAWOTO, Nano;CAHYANI, Richa Dwi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.489-495
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    • 2020
  • Income inequality is a problem that is not only faced by developing countries such as Indonesia, but also developed countries. The difference lies in the proportion of an inequality that occurs and the solution to the level of difficulty experienced. Thus, this study aims to empirically analyze the unequal distribution of population income in Java island, Indonesia, by including the human development index, open unemployment rate, foreign investment, and the degree of fiscal decentralization. The research model used in this study was multiple linear regression to analyze the panel data with a fixed-effect model approach. The results of the study showed that human development index, open unemployment rate, and the degree of fiscal decentralization had a positive and significant effect on income inequality in Java island. Meanwhile, foreign investment had a negative and insignificant effect on income inequality in Java. It is because the value of the investment is more invested in the capital-intensive sector. The government is expected to be more selective in accepting foreign investments that enter the country, especially in Java, and it should be labor-intensive investments. In addition, the government has to equalize locations for foreign investment without reducing good cooperation with these foreign investors.

Requirements and satisfaction with medical masks (보건용 마스크의 요구사항 및 만족도)

  • Younghee Park
    • The Research Journal of the Costume Culture
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    • v.31 no.1
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    • pp.1-17
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    • 2023
  • This study analyzed requirements for medical masks and difference in satisfaction based on demographic characteristics and side effects experience caused by wearing medical masks. Three factors related to requirements for medical masks were identified: wearing comfort and usability, blocking function for harmfulness, and design. As a result of the difference analysis for requirements of medical masks based on demographic characteristics, all three factors showed a significant difference in gender and occupation. Design did in age and monthly income. As a result of the presence or absence of breathing difficulties experience, design factor was significant. As a result of the presence or absence of skin trouble experience, wearing comfort and usability showed a significant difference. As a result of the difference in satisfaction with medical masks based on demographic characteristics and side effect experience caused by wearing medical masks, breathing, ear string tightness, blocking harmful substances, price, and over all wearing comfort showed a significant difference by gender, marital status, age, occupation, and monthly income, and the presence of absence of breathing difficulty experience and skin trouble experience, respectively. As a result of the interaction effect analysis between demographic characteristics and side effects experience caused by wearing medical masks, it showed a significant interaction effect between gender and monthly income, between marital status and monthly income, between monthly income and breathing difficulties experience, and between monthly income and skin trouble experience.

The Elderly's Life Satisfaction Recognition to Income Inequality : Focusing on Mediation Effects of Finance Stress

  • Kim, Jong-Jin
    • The Journal of Industrial Distribution & Business
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    • v.9 no.4
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    • pp.27-35
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    • 2018
  • Purpose - The purpose of this research is to verify mediation effects of finance stress within relation structure between income inequality recognized by the elderly and life satisfaction. Research design, data, and methodology - In order to achieve the purpose of this research, we investigated recognition of income inequality of the elderly, finance stress and life satisfaction by using examination data aimed at 541 elderly people whose age is over 65 living in Chungcheongbuk-do. We conducted reliability, correlation, regression analysis_(tolerance limit and variance inflation factor) by using SPSS ver. 18.0. Results - From the result of analysis, it was proved that there are mediation effects of finance stress within the relation between income inequality recognized by the elderly and satisfaction with life. Based on this result, we suggest practical and political proposals to increase life satisfaction of the elderly. Conclusions - The purpose of this research is to verify mediation effects of finance stress in the relationship between income inequality and life satisfaction recognized by the elderly. From the result of research, first, a direct effect was discovered that as income inequality becomes high, life satisfaction will be decreased. Second, partial mediation effect of finance stress was confirmed in the relationship between income inequality and life satisfaction.

Human Capital, Income Inequality and Economic Variables: A Panel Data Estimation from a Region in Indonesia

  • SUHENDRA, Indra;ISTIKOMAH, Navik;GINANJAR, Rah Adi Fahmi;ANWAR, Cep Jandi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.571-579
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    • 2020
  • This paper examines how human capital and other economic variables, such as private investment, economic growth, government investment, inflation, and unemployment influence inequality in Indonesia's provinces. We apply panel data model with fixed effect estimation for the data of 34 provinces from the period 2013 to 2019. We develop a new index for human capital using the education index approach. The results show that human capital has a negative and significant effect on income inequality. An increase in human capital is related to an increase in knowledge and competence due to the longer average school year and expectations of the school year. Human capital has increased the possibility of a person being accepted into the job market and earning a higher income; hence, it lowers income inequality. We also find that inflation leads to a higher gap of income distribution. A further implication of this situation is that the rise in inflation causes an increase in low-income people, and as a consequence, makes their lives worse off. This paper will be beneficial for policy-makers for whom human capital, which is measured using an education index, is an important factor that significantly affects income inequality, in addition to other economic factors.

A Method of an Accurate Six Sigma Financial Effect Measurement and Connecting the Financial Effect to the Corporate Income Performance (6시그마 재무성과의 정확한 측정과 기업 손익실적과의 연계 방안)

  • Kim, Ho-In;Jeong, Jae-Ho;Kim, Chan-Mo
    • Journal of Korean Society for Quality Management
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    • v.37 no.3
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    • pp.94-101
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    • 2009
  • It is important to measure financial effect of six sigma projects accurately for successful implementation of six sigma in a company. However, researches on methods of six sigma financial effect measurement are relatively new. In this study, frequent error patterns of six sigma financial effect measurement are defined and accurate measurement methods are suggested. And a method of connecting six sigma financial effect to corporate income performance is also suggested which not only assures reliability of financial effect measurement but also helps to align with business strategy.