• Title/Summary/Keyword: National Income

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The Effects of Household Income Types and Sources on the Depression and Self-respect in Elderly Koreans (노인가구의 소득유형 및 소득원이 노인의 우울과 자아존중감에 미치는 영향)

  • Lee, Sang Rok;Lee, Soon A
    • Korean Journal of Social Welfare Studies
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    • v.45 no.3
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    • pp.71-95
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    • 2014
  • The purpose of this study is to examine the effects of household income types and sources on the depressions and self-respect of the old aged. Although household income types and sources are supposed to be important to the mental health of the old aged as well as income level, there have been little policy interests to them. This study analyze the relationship between the household income types & sources and the mental health of the old aged, using the 8th data from the Korean Welfare Panel Study. Major findings are as follows. First, we find that there are considerable variations in the household income sources composition among the old aged, and that types of household income are related to the individual and family features of the old aged. Second, the results of regression analyses show that the household income types are associated with the depression and self-respect of the old aged. And, we find that some income sources affects the mental health of the old aged. The results of this study suggest that there should be policy attentions to the mental health effects of the household income sources so as to increase the adequacy of the income security system for the aged in Korea.

A Study on the Library Services for the Solution of the Information Inequality of the Low-Income People in Korea (저소득계층의 정보불평등 해소를 위한 도서관서비스 관련 연구)

  • Ahn, In-Ja;Noh, Younghee;Chang, Rosa
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.29 no.4
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    • pp.113-137
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    • 2018
  • This study examined relevant literature to review the concept of low-income class, its criteria and types. Based on the cases surveyed, the service status of public libraries for low-income class in South Korea was determined. Based on the findings of this study, we proposed new library services necessary for low-income class, such as the implementation of relevant programs aimed at resolving the digital information divide of low-income class, the introduction of employment programs for the self-economic-support for low-income class adults, and the introduction of reading and counseling therapy services. In addition, this study proposed five policies for activating library services for the low-income class: (1) To revise the act on library law so as to clarify the concept of low-income class, its criteria and types, (2) to revise the master plan for library development so as to bolster the library services for low-income class, (3) to conduct a national-level survey of the low-income class status and of the library service status, (4) to determine the actual features of the low-income class and their information demands, and (5) to prepare library services tailored to the diverse types of low-income class.

Effect of Tax-Related Information on Pre-Tax Income Forecast and Value Relevance

  • OH, Kwang-Wuk;KI, Eun-Sun
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.1
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    • pp.81-90
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    • 2020
  • We examine the effects of the complexity of tax-related information on the issuance of analyst's pre-tax income forecast and its value relevance. If analysts respond adequately to the needs of investors, they are more likely to provide a pre-tax income forecast. The provision of a pre-tax income forecast may indicate analysts' confidence in assessing the quality of earnings. Thus, investors, in turn, would be more confident in the analysts' pre-tax income forecasts if analysts provide both pre-tax and earnings forecasts than only the latter. Using a sample of Korean listed companies for 2005-2014, we find that analysts are likely to provide an implicit tax forecast when the volatility of the effective tax rate is low and the book-tax differences are small. We also find that when analysts provide pre-tax and after tax income forecasts, the value relevance for unexpected earnings increases. These results indicate that analysts are likely to be interested in corporate tax information and the complexity of tax-related information affects the availability of implicit tax forecasts. Furthermore, this study provides empirical evidence that when analysts provide both pre-tax and after tax income forecasts, investors have more confidence in analysts' earnings forecasts, which results in greater investors' responses.

Empirical Analysis on the Factors Affecting the Net Income of Regional and Industrial Fisheries Cooperatives Using Panel Data (패널자료를 이용한 지구별·업종별 수산업협동조합의 수익에 영향을 미치는 요인 분석)

  • Kim, Cheol-Hyun;Nam, Jong-Oh
    • The Journal of Fisheries Business Administration
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    • v.51 no.1
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    • pp.81-96
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    • 2020
  • The purpose of this paper is to analyze factors affecting the net income of regional and industrial fisheries cooperatives in South Korea using panel data. This paper utilizes linear or GLS regression models such as pooled OLS model, fixed effects model, and random effects model to estimate affecting factors of the net income of regional and industrial fisheries cooperatives. After reviewing various tests, we eventually select random effects model. The results, based on panel data between 2013 and 2018 year and 64 fisheries cooperatives, indicate that capital and area dummy variables have positive effects and employment has negative effect on the net income of regional and industrial fisheries cooperatives as predicted. However, debt are opposite with our predictions. Specifically, it turns out that debt has positive effect on the net income of regional and industrial fisheries cooperatives although it has been increased. Additionally, this paper shows that the member of confreres does not show any significant effect on the net income of regional and industrial fisheries cooperatives in South Korea. This study is significant in that it analyzes the major factors influencing changes in the net income that have not been conducted recently for the fisheries cooperatives by region and industry.

The Role of Intelligence (IQ) on The Globalization-Income Inequality Nexus: A Threshold Regression Approach

  • IBRAHIM, Saifuzzaman;MAZLINA, A.R.;AZMAN-SAINI, W.N.W.;BURHAN, Nik Ahmad Sufian
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.9-17
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    • 2021
  • Globalization is an economic process responsible for the increase of interdependence of world economies. It enhances the mobility of national resources internationally via the integration of markets, trade and investments with minimal barriers to slow the flow of products and services. Although globalization has some positive impacts on the economy, it is said to be a factor in the decline of income inequality of the participating countries. However, the results of previous studies on the relationship between globalization and income inequality are inconclusive. This suggests that there are other factors influencing the relationship between the two variables. The purpose of this study is to examine the role of intelligence (IQ) in the globalization-income inequality relationship. This study employs the threshold regression technique and cross-nation observations from 117 sample nations for the period 1980-2016. The results show that the impact of globalization on income inequality in a nation relies on its IQ level. The results imply that economic globalization has a negative impact on income inequality in nations with lower IQ levels. It widens the gap between the poor and rich. While in nations with higher IQ levels, it seems to not have any significant impact on income distribution.

Changes in Income Distribution During the COVID-19 Pandemic: Empirical Evidence from Vietnam

  • DAO, Quyet Thang;LE, Thi Yen;PHAM, Van Hung
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.241-248
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    • 2022
  • This study examines changes in income for Vietnam's service labors during COVID-19. A person's income depends on several factors, such as educational level, working area, the number of activities creating jobs, the cost of living, investment, etc. This research was based on a survey of 479 workers in Vietnam's service sector, who were evenly distributed across sectors (tourism and aviation) and workplaces (State and private). Based on the collected data, the REM regression model was used to analyze the factors influencing employee income when COVID-19 took place. The research returns show that the COVID-19 pandemic has had a considerable influence on labor incomes, and there are income disparities that exist between workers by work area and by gender. This study indicates that workers' wages in Vietnam decreased by an average of 12.22 million VND per month after the outbreak of COVID-19. In addition, the results also show that the income of workers after COVID-19 differs depending on their position (the average salary of laborers working in the public sector is about 3.946 million VND higher than the average salary of laborers in the private sector); furthermore, the incomes of workers also vary by gender.

Expenditures on Market Substitutes for Housework: Dual-Income and Single-Income Households (맞벌이가계와 비맞벌이가계의 가사노동 시장대체지출비 분석)

  • 양세정;김태은
    • Journal of Families and Better Life
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    • v.20 no.5
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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.

A Study on Optimal Auditing Under the Living Wage System (생계급여하에서의 최적 소득조사)

  • Yoo, Hanwook
    • KDI Journal of Economic Policy
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    • v.31 no.1
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    • pp.207-237
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    • 2009
  • One of the main problems in Korea's public assistance program, the NBLS (National Basic Livelihood Security), is that the loophole of welfare system is continuously growing. Living wage program is the largest sub-program of the NBLS, and the most important determinant of amount of living wage for each beneficiary is the level of reported income. Therefore, accurate and effective income detection is essential in improving policy effects and furthermore reducing the leakage of wage expenditure as beneficiaries always have an incentive to underreport their income. Since most of them do not pay income tax, the welfare authority should exert an independent effort to effectively detect their income. Considering that living wage is a special kind of income tax of which marginal tax rate is -1, one can apply a classical theory of tax evasion to understand illegal or excessive receipt of living wage caused by income underreporting. Utilizing a classical theory given by Alingham and Sandmo (1972), this paper provides a theoretical analysis of the optimal income reporting of the beneficiary. Then an optimization problem is constructed from the government's viewpoint to derive optimal income detecting device (auditing). This paper proves that cut-off discriminated auditing outperforms random auditing and cut-off auditing which implies if the government assigns a positive audit probability to every reported income less than a certain level and the probability is inversely proportional to the level of reported income, it can minimize underreporting and then gradually reduce the leakage of wage expenditure.

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A syudy on Renter's Response to Plannin of National Rental Housing for Improving Social Integration (임대주택 주동계획의 사회통합적 증진에 대한 임차인 반응 연구)

  • Kim, Kyoung-Yeon;Lee, Yeun-Sook;Park, Min-Ah;Heo, Yun-kyung
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2008.11a
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    • pp.102-107
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    • 2008
  • The National Rental Houring has been built for solving the lack of house for the low-income group. However the national rental housing that the low-income group didn't feel aliention' we should improve the quality of National Rental housing. The purpose of this study aims to identify the facts for improving the social integra as the preference of Rental lived in Gwangju. The findings are as follows. The residents had marginal characteristics such as low income, the aged and were satisfied with the residential environment so they want to stay there as long as they can. However, they were dissatisfied with the scale of housing, housing facilities. Therefore, It is important to improve housing condition witch they enhance their self existence.

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Carcass Characteristics and Profitability Analysis Based on Slaughter Age of Hanwoo Steers

  • Lee, Sang-Cheol;Choi, Hyun-Ho;Shin, Jeong-Seop;Kim, Kyoung-Hoon;Oh, Young-Kyoon;Cheon, Dong-Won
    • Journal of Animal Science and Technology
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    • v.55 no.4
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    • pp.315-323
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    • 2013
  • This study analyzed optimal slaughter ages and carcass traits to investigate factors that affect farm incomes. Carcass characteristics and economical analysis of 81 Hanwoo steers previously tested (Expt. 1) and 5,826 steers from Gangwon-Do, area A (Expt. 2) were used. In Expt. 1, the strongest relationship was between the slaughter age and the carcass weight based on the $R^2$ value, and the weakest relationship was between the slaughter age and the marbling score based on the $R^2$. The slaughter age, marbling score, and rib-eye area of steers slaughtered from 26 to 31 months of age had a positive effect on income, but back fat thickness had a negative effect. In the economical analysis of Expt. 1, the optimal time for slaughter was 31 months of age. In Expt. 2, composed of steers slaughtered from 26 to 35 months of age in farms site of area A, the income was highest from steers slaughtered at 28 months of age, after which the income decreased. From the results of Expt. 1 and 2, it is evident that the optimal slaughter age of Hanwoo steers is affected by the genetic differences of calves, the feeding program and management, fattening skills, or carcass price. In order to improve the income of individual farms, the slaughter age must be precisely decided by understanding the exact relationship between the feeding cost of Hanwoo steers and slaughter results, such as carcass weight, yield grade and quality grade.