• Title/Summary/Keyword: Policy expectation

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A Study on the News Frame Analysis of Real Estate Policy (정부의 부동산 정책에 대한 언론의 보도 프레임 분석)

  • Kim, Sung-Yong;Oh, Sae-Joon
    • The Journal of the Korea Contents Association
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    • v.16 no.7
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    • pp.221-230
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    • 2016
  • The public mostly get the information regarding real estate policy not from the press release of the government but from news articles. This type of information, though, might be delivered in a different frame depending on inclination of media or press. The media runs the articles within its own frame, so that it often conveys either expectation or concern depending on its inclination. This study analyzed the articles regarding 'Agreement to revise three major real estate regulations to perk up property market' and examined how the real estate policy imprinted in them depending on the disposition of the press. The results showed that the conservative press ran articles within a positive frame expressing favorable expectation. On the other hand, progressive press mostly kept neutral or unfavorable tone on the same regulations within the negative frame. Therefore, it was confirmed that there exist different frames within articles depending on their disposition.

Background and Present State of Swedish Child-care System (스웨덴 보육의 배경과 현황)

  • Kwon, Jeong Yoon;Han, You Me
    • Korean Journal of Child Studies
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    • v.26 no.2
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    • pp.175-191
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    • 2005
  • Sweden has one of the world's most progressive and comprehensive childcare systems; synonymous with quality, it is the envy of many other countries. The purpose of this study was to investigate background factors important to the development of the Swedish childcare system and the current childcare policy and system. This study found that underpinning the Swedish childcare system is not only the expectation that men and women will participate equally in the workforce, child rearing, and domestic life but also an awareness of the right of children to development and education. Implementation of the Swedish childcare policy has provided for easy access and affordable childcare centers following principles of childcare universalism. This provides practical suggestions for the Korean childcare policy and system.

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Korea's Inflation Expectations with regard to the Phillips Curve and Implications of the COVID-19 Crisis

  • JUNG, KYU-CHUL
    • KDI Journal of Economic Policy
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    • v.43 no.2
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    • pp.81-101
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    • 2021
  • This paper estimates the expectation-augmented Phillips curve, which explains inflation dynamics, in Korea. The phenomenon of low inflation in Korea has been going on for quite some time, in particular since 2012. During the Covid-19 crisis, due to low inflation expectations the operation of monetary policy was limited as the base rate approached the zero lower bound. The main objective of this paper is to estimate where and how tightly inflation expectations are anchored. It was found that long-term inflation expectations fell to around 1%, falling short of the inflation target, and that inflation expectations are strongly anchored to long-term expectations, which implies that the low inflation phenomenon is likely to extend into the future. The results also imply that even if inflation fluctuates due to temporary disturbances, it may converge to a level below the inflation target. The slight rebound of long-term expectations during the Covid-19 crisis suggests that the aggressive monetary policy may have contributed to improving economic agents' beliefs about the commitment of monetary authorities to inflation stability. This may also help long-term expectations gradually to approach the inflation target.

Causal Loop Diagramming of Location Conflict on LULU(Locally Unwanted Land Use) Facilities and Policy Alternatives (비선호시설 입지갈등에 대한 인과지도 작성과 정책 대안)

  • Lee, Joong-Hoon;Kwon, Hyuk-Il;Kim, Yeon-Sik;Lee, Man-Hyung
    • Korean System Dynamics Review
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    • v.8 no.1
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    • pp.151-171
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    • 2007
  • Without exception, diverse LULU(Locally Unwanted Land Use) facilities have been under the location conflict, especially between the public government units and local residents. In spite of repeated trials-and-errors, literally, the location conflict has shown no sign of improvement over time in Korea. As practical means to tackle these issues, this study focuses on divulging explicit and implicit relationships among key factors derived from the location conflict on the LULU facilities. Here, major research variables cover residents' agreement, residents' perception, compensation expectation, and public opinion. As the location conflict on the LULU facilities could be strengthened or resolved by the dynamic feedback system, it applies basic tools geared toward causal loop diagramming. After repeated experiments, the study highlights the fact that the residents' perception, compensation expectation, and public opinion, individually and collectively, exert significant impact on the residents' agreement ratio.

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Interpreting the Korean Crisis of 2008

  • Kim, Ginil
    • 사회경제평론
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    • no.38
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    • pp.241-259
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    • 2012
  • This paper reviews four different kinds of currency crisis models proposed to explain the Korean crisis of 1997 to examine which model is more relevant to explain the Korean crisis of 2008. According to the author's investigation, the 'Frenkel-Neftci' cycle is more relevant model to interpret the Korean crisis of 2008. In 2008, spreads opened due to, first, high interest rate policy by the Korean government aimed to suppress real estate price increase, and, second, the expectation about exchange rate appreciation, and thirdly stock market returns after recovering the crisis. Then the international capital market catastrophe due to the subprime crises produced the sudden change of expectation of the market participants. Huge capital outflows resulted from the credit crunch in the international capital markets, and the possibility of exchange rate depreciation by the Korean government to promote exports in the course of the global recession.

Effects of Recognition of Elderly Education on Provision for Old Age among Middle-Aged and Aged People in Korea (한국 중고령자의 노인교육이 노후준비에 미치는 영향)

  • Hong, Seok-Tae;Yang, Hae-Sool
    • The Journal of the Korea Contents Association
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    • v.8 no.5
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    • pp.287-299
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    • 2008
  • The purpose of this study is to analyze the statistical data to get the government to have positive recognition of education for middle-aged and aged people about provision for old age after retirement and present a model of policy direction of realistic elderly education for middle-aged and aged people and an ideal program for middle-aged and aged people in Korea. Such an empirical research obtained the following results. First, as for effects of recognition of the need of elderly education and the desire to participate in elderly education on provision for retirement, the need of elderly education and the desire to participate in elderly education were found to have effects. Second, as for effects of the level of retirement expectation on provision for retirement, new departure, career completion, and continuous expectation were found to have effects. Third, as for mediating effects of retirement expectation in terms of effects of recognition of the need of elderly education and the level of desire for participation, the need of elderly education has retirement expectation partly affect physical, psychological, and economic preparation. As for the desire to participate in elderly education, expectation of retirement had completely mediating effects on physical preparation and partly mediating effects on psychological and economic preparation. Fourth, the need of elderly education, the desire for participation, retirement expectation, and recognition of provision for retirement by general properties were found to have statistically significant results in terms of gender, age, occupation, and educational background.

The Influence of Consumption Level on Life Satisfaction in Baby-Boom Generation -Mediating Effect of Subjective Expectation- (베이비붐 세대의 소비수준과 삶의 만족도 관계 -주관적 기대감의 매개효과 검증-)

  • Park, Seo-Young;Choi, Hee-Jeoung
    • The Journal of the Korea Contents Association
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    • v.16 no.4
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    • pp.666-674
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    • 2016
  • This study examines the effect of consumption level on the life satisfaction of baby-boom generation and further examines the mediating effect of subjective expectation(standard of living and government policy). This research uses the panel survey to explore ageing society in 2012 made by Korean Labor Institute, which studied 1,756(born in 1955~1961). SPSS 21.0 Package was applied to analyze the date and multi-regression analysis was conducted. As a result, first, the findings show that as the consumption level increases, the life satisfaction of the baby-boom generation goes up. Second, the findings reveal that subjective expectation partially mediates the influences of consumption level on the life satisfaction of baby-boom generation. This study further discusses the theoretical and political implication of the direction properties on baby-boomer based upon the results of the study.

Factors Affecting Later-life Expectation of Semi-older Adults (준고령자의 노후생활기대감에 영향을 미치는 요인)

  • Lim, Jeungsuk;Chung, Soondool;Jeong, Juhi
    • 한국노년학
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    • v.39 no.3
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    • pp.569-587
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    • 2019
  • This study aims to look at the factors affecting later-life expectation of semi-older adults. Total of 323 participants aged from 50 to 64 was used for analysis from the data of 'Korean's Perception on Aging Society', which was conducted on behalf of Initiative for Humanities' Research and Education, funded by National Research Foundation of Korea. Multiple regression analysis was used for analysis, and the results are as follows. First, later-life expectation of semi-older adults appeared to be high. Second, the significant factors were prejudice towards the elderly and social solidarity. That is, participants with lower prejudice towards the elderly and higher trust and solidarity with society showed greater later-life expectation. Based on the results of this study, future research directions and implications for policy and practice were suggested.

Improvement Directions for the Welfare of Filmmakers 'Focusing on Filmmaker Certification and Implementation Methods for 「Artist Welfare Card」' (영화 창작인 복지 개선 방향 '영화인 자격 증명과 「예술인 복지카드」도입 방안을 중심으로')

  • Lee, Choong-Jik;Kim, Loyou
    • The Journal of the Korea Contents Association
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    • v.14 no.11
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    • pp.154-163
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    • 2014
  • This paper has examined the current status of Korea's welfare policy and asserts the necessity of artist classification by types of employment, dividing them into those who have irregular jobs and those who are in permanent positions, focusing on filmmakers. Furthermore, it has looked into the certification policy for artist welfare support that is currently in action. In conclusion, this paper discusses the certification and suggests implementation methods for "Artist Welfare Card" in expectation of future activation of Artist Welfare Support Project.

A Study on Optimal Preventive Maintenance Policy When Failure Rate is Exponentially Increasing After Repair (수리 후 고장률이 지수적으로 증가하는 경우에 최적 예방보전 정책)

  • Kim, Tae-Hui;Na, Myung-Hwan
    • Journal of Applied Reliability
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    • v.11 no.2
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    • pp.167-176
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    • 2011
  • This paper introduces models for preventive maintenance policies and considers periodic preventive maintenance policy with minimal repair when the failure of system occurs. It is assumed that minimal repairs do not change the failure rate of the system. The failure rate under prevention maintenance received an effect by a previously prevention maintenance and the slope of failure rate increases the model where it considered. Also the start point of failure rate under prevention maintenance considers the degradation of system and that it increases quotient, it assumed. Per unit time it bought an expectation cost from under this prevention maintenance policy. We obtain the optimal periodic time and the number for the periodic preventive maintenance by using Nakagawa's Algorithm, which minimizes the expected cost per unit time.