• Title/Summary/Keyword: Public transfer income

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Giving Behavior of Households - Effects of Asset, Income, and the Ratio of Income to Asset - (가구단위 기부행동에 관한 연구 - 자산, 소득, 자산 대비 소득의 효과 -)

  • Kang, Chul Hee;Choi, Jung Eun;Jang, Jae Hyuk
    • Korean Journal of Social Welfare
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    • v.68 no.4
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    • pp.53-74
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    • 2016
  • In this study, to verify influence that economic situations of a household unit have on donation behavior, after economic situations of a household unit were measured with income and assets by type and income to assets, effect which each variable has on secular giving was verified. This study used 3-year panel data of a total of 4,938 households based on the fifth to seventh year data as investigation data from 2012 to 2014 among data of financial panel investigation of Korea Institute of Public Finance of National Survey of Tax and Benefit. As an analysis method, a random effect tobit model was used. At the analysis result, it appeared that as scales of financial assets, earned income, property income, and transfer income become larger, the amount of donation increased. Also, it was represented that rates of income to assets had negative influence on secular giving. In case of demographic variables, education levels of householders and sizes of houses had relation of a positive direction. In case of ages, it appeared that they had inverted U-type relation. This study has meanings in that understanding of donation behavior of a household unit can be increased and expanded more and also implications related to intervention strategies of a household unit to expand sharing culture can be extracted by verifying influence which economic factors of a household unit have on donation behavior based on panel data.

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A Comparison of Household Characteristics by Retirement Types: Focused on Traditional Retirement and Gradual Retirement (은퇴유형에 따른 은퇴가계 특성 비교: 전통적 은퇴와 점진적 은퇴를 중심으로)

  • Cha, Kyung-Wook;Kim, Yeon-Ju
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.4
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    • pp.95-114
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    • 2009
  • This study compared demographic, economic and career characteristics between a traditional retirement group and a gradual retirement group. From the 2005 Korean Retirement and Income Study (KReIS), 780 traditional retirees and 265 gradual retirees were selected. A t-test, chi-square test and logistic regression analyses were completed. The findings of this study were as follows: First, there are gender and age differences between the traditional retirement group and the gradual retirement group. The gradual retirement group has a high proportion of male workers and older workers compared to the traditional retirement group. Second, members of the traditional retirement group have more income, more assets and less debt than members of the gradual retirement group; therefore, their financial structure is comparatively stable. Third, there is a large percentage of blue-collar workers (e.g., technical service, repair, operatives) in the gradual retirement group. Members of the gradual retirement group had worked for a shorter period during their career and had a lower wage rate than members of the traditional retirement group. Finally, male workers who are in their 60s and 70s, who do not have a public transfer income but have a higher level of career income, and are older when they end their career, are less likely to retire gradually. As they also have a higher level of debt, the probability of these workers selecting a gradual retirement route is high.

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Differences in Economic Conditions of Single-Parent Families : Focused on the Differences between Single-Mother and Single-Father Families and their Household Composition (한부모의 성별 및 가구구성별 경제적 여건의 차이)

  • Bae, Da-Young;Chin, Mee-Jung
    • Journal of Families and Better Life
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    • v.29 no.5
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    • pp.121-140
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    • 2011
  • The purpose of this study is to understand how the economic conditions and needs of single-parent families are different between single-mother and single-father families, and also how they are dependent on household composition. The data for this study were drawn from the 1st Korea Welfare Panel Study and analyzed by frequencies, means, ${\chi}^2$, t-test, F-test, and logistic regression with the STATA 9.1 program. The major findings are as follows: (1) Single-parent families are more likely to live in a three-generation household than married couple families. (2) The composition of a three-generation household of single-parent families is affected by sex, age, education, type of marital disruption, the type of employment of single parents and the age of the last-born child. (3) The income-to-needs ratio is not significantly different depending on the sex of the single parents and their household composition. However, material hardship is significantly low in three-generation household single-parent families. (4) There are differences between three-generation single-parent families and independent single-parent families in income sources: The ratio of public transfer to total incomes is higher in three-generation households than independent households, while the ratio of private transfer to total incomes is higher in independent households.

Socioeconomic Characteristics of Poverty by Types of Household with Children: Comparing Male-headed, Female-headed, and Dual-parents Household (유자녀가구 유형별 빈곤의 사회경제적 특성연구: 남성한부모가구, 여성한부모가구, 양부모가구 비교분석)

  • Kim, Hak-Ju
    • Korea journal of population studies
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    • v.29 no.3
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    • pp.73-87
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    • 2006
  • The purpose of this study is to investigate the economic deprivation of male-headed or female-headed households. Household having children under the age of 18 are categorized into three types according to the gender of household head: male-headed household, female-headed household, and dual-parents household. The findings from data, for this study came from the Korean Labor Panel Study in 2003. The analysis shows that the household's age, education, residence types, etc are key explanatory variables in determining whether to be in poverty. While the public income transfer is most effective in reducing poverty in female-headed households, the private income source is relatively more useful among male-headed families. Since single-household families are particularly at risk, public policy makers should pay special attentions to developing and expanding welfare-to-work programs which provides work incentives to overcome relative poverty and community networks on child care.

The Determinants of Housing Affordability (주거비 과부담 결정요인)

  • Lim, Se Hee
    • Korean Journal of Social Welfare
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    • v.68 no.3
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    • pp.29-50
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    • 2016
  • This study examined the determinants of housing affordability using the 2014 fact-finding survey of housing. This study identified the effects of characters of districts as well as the effects of characters of family and housing, taking advantage of HGLM(Hierarchical General Linear Model). The results of this study showed that male householder, higher education level, the monthly housing, higher satisfaction of environment of housing are the factors that increased the odds of living at unaffordable housing, but higher income, public transfer recipient, living at sub-standard housing, the Jensei housing are the factors that decreased the odds of living at unaffordable housing. And the higher housing price, the higher rent of the districts increased significantly the odds of living at unaffordable housing, but the higher rate of public housing of the districts decreased the odds of living at unaffordable housing. This study provides the basis that the price of housing and rent should be controled and the policy of public housing should be expanded for housing welfare.

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Poverty Reduction Effectiveness and Efficiency of Social Security Benefits (사회보장급여의 빈곤완화 효과성 및 효율성)

  • Noh, Hye-Jin
    • The Journal of the Korea Contents Association
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    • v.21 no.6
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    • pp.237-247
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    • 2021
  • The purpose of this study is to analyze the effectiveness and efficiency of social security benefits to poverty alleviation. To this end, this study analyzed the poverty alleviation effect of public pension, basic pension, child-rearing allowance, disability allowance, basic living security subsidy, EITC, and other government subsidies using 2019 Household Financial Welfare Survey. The analysis results are as follows. First, social security benefits lowered the poverty rate by 6.8%p. Second, in terms of the poverty gap reduction effect, the public pension for the elderly male households, the basic pension for the elderly female householder, and the basic guarantee for the working female householder contributed the most. Finally, in terms of poverty alleviation efficiency, about 33% of social security benefits contribute to narrowing the poverty gap. Social security benefits for female heads of households were found to serve as a function of alleviating poverty gap and for male heads of households to supplement household income. Based on these results, this study suggested the discovery of various poverty states, expansion of basic security for the female elderly, and the connection between the purpose of social security benefits and key targets.

Economic Effects of Welfare Policy: An Analysis of 2003 Korean Social Accounting Matrix (정부의 복지지출이 경제부문별 소득분배에 미치는 효과 분석)

  • Noh, Yong-hwan
    • Korean Journal of Social Welfare Studies
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    • v.40 no.1
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    • pp.261-296
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    • 2009
  • I constructed the 2003 Korean 'social accounting matrix'(SAM) to analyze the multipliers of total demand for each economic activity. I find that the relative magnitude of the influence of the welfare policy to the national economy measured by input-output production multipliers tends to be underestimated compared to SAM multipliers. This is because the total demand multipliers of SAM include the private sector effects, which is not considered in the input-output model. The result also support that income inflows in public service areas including education, health and social work, generate gains in the relative income of households.

The 'Trojan Horse' of Old Age Income Security System Retrenchment in Korea : the Examination of Policy Changes on Basic Old Age Pension for the Rich (기초연금제도 축소의 '트로이 목마' : 부유층 노인 수급제한조치에 대한 실증적 비판)

  • Kim, Seongwook;Han, Sinwil
    • Korean Journal of Social Welfare
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    • v.66 no.3
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    • pp.231-251
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    • 2014
  • Recently, Korean government documented the plan to cope with the situation related to rich pensioners of Basic old-age pension. The purpose of this paper is to verify that how many rich pensioners are existing and to evaluate government reform plan's validity and effect. Main results are as follows; firstly, if the definition of rich pensioners is on the top 10%, the proportion of them would form 2.9% of total. And then, an amount of expenditure for them is only 2.6% of total. Secondly, in terms of disposable income, debt, and transfer income from child, the household who would be applied by government's plan is not richer than other household who is in the same living standard. And then, if the government's plan enforced, the effect might be very small. Lastly, the plan of government will discriminate against persons who support their parent. As a result, Basic old-age pension will be worsen. This paper should underline that the government's reform is only the 'hidden' retrenchment strategy in order to introduce a standard of the obligation to support own parent in the state without scientific prediction and serious discussion of negative public opinion. That is why, this is the same as the 'Trojan Horse'.

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Institutional Dynamics of In-Work Poverty Determination: Distributive Process of Labor Markets, Households, and the Welfare State Using Korean Welfare Panel Study, 2008-15 (근로빈곤 결정의 제도 동학: 노동시장과 가구, 복지국가 분배 과정 분석)

  • Ryu, Kirak
    • 한국사회정책
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    • v.25 no.4
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    • pp.71-104
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    • 2018
  • This paper adopts a distributive performance process model of in-work poverty based on labor markets, households, and welfare states and analyzes the 4-11 waves of the Korean Welfare Panel Study during 2008-15. Previous studies on in-work poverty have focused on the definitions and concepts of in-work poverty by analyzing employment and unemployment persistence and repetition dynamics, but rarely paid attention to institutional distributive performance. In this regard, this study preforms a stepwise analysis of labor markets, households, and welfare states as a process of income generation in labor markets, satisfaction of welfare needs and income pooling at households, and deduction of social security contribution and income tax as well as receipt of public transfer income at welfare states. Results of empirical analysis show that in-work poverty had been on increase during 2008-11, followed by a decrease between 2012-15. At labor market stages, full time status had the most prominent impact on in-work poverty process, while status by employment and contract type have generated a huge variation as well. At household stages, household work intensity and number of earners contributed to reduction of in-work poverty, but the relations did not seen to be straightforward. However, welfare state played little role in lifting employees out of in-work poverty. In terms of institutional distributive process, in-work poverty was prevalent in either household-welfare state stage or labor market-household-welfare stage. Non-vulnerable group in terms of in-risk poverty was around 80% of the sample during the period of analysis, the size of which has remained constant.

Determinants of household expenditure in single-parent families: A comparison between single-mother families and single-father families (한부모가족의 가계지출에 영향을 미치는 요인: 모자가족과 부자가족의 지출 비교)

  • Koh, Sun-Kang
    • Journal of Family Resource Management and Policy Review
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    • v.22 no.1
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    • pp.99-118
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    • 2018
  • This study examines household expenditure patterns for single-parent families to better understand the decision-making process and to consider the appropriateness of the decisions on monetary allocation. This study investigates the household expenditure patterns and the determinants of expenditure patterns for single-father families as compared to those for single-mother families. A series of analyses of the data, which was gathered from the 2015 Single-parent Family Survey on household expenditures, were conducted. The results show that there are differences in the household expenditure volumes and patterns between single-father families and single-mother families. Differences in the categories of expenditure and variations in the share that was allocated for each expenditure category in single-father families as compared to in single-mother families were both statistically significant. Disparities were found in seven categories of household expenditure between single-father families and single-mother families. The amount allocated from total expenditures for each expenditure category was also significantly different between single-father families and single-mother families in regards to clothing, home equipment, housing, water/light/heat costs, transportation, and telecommunication. The determinants of the total household expenditure for single-parent families were age, level of education, number of family members, public transfer, household income, assets, and debt.