• Title/Summary/Keyword: financial support to parents

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Parental Support for Cost of Marriage Formation and Financial Resource Transfers (부모의 결혼자금 지원과 경제자원 이전: 20-40대 기혼여성 가정을 중심으로)

  • Koh, Sun-Kang
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.3
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    • pp.1-19
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    • 2012
  • The purpose of this study is to identify the factors that influence financial transfers between married women aged 20-40 and their parents and parents-in-law. In particular, we examine whether there is any reciprocity between parental support for the cost of marriage formation and financial resource transfers from married children to their parents and parents-in-law. Data from the 2009 wave of the Survey of Marriage and Childbirth were analyzed. Among married women who have been married for over 16 years, we find that the probability of them giving financial resources to their parents increases in line with the parental support they received to help their marriage formation cost. Therefore, we confirm that there is reciprocity between parental support for the cost of marriage formation cost and children's financial support provision for parents.

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Intergenerational support and marital satisfaction in Korea and Japan: A comparative study using the EASS2006 (남편 부모 및 부인 부모와의 지원 양상의 특징과 기혼 자녀의 결혼 생활 만족도와의 관계 -EASS*2006 데이터를 이용한 한일 비교-)

  • Lee, Su-Jin
    • Journal of Family Resource Management and Policy Review
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    • v.22 no.1
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    • pp.39-62
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    • 2018
  • This study examined the effect of intergenerational support provided by husbands and wives to their parents and vice versa on marital satisfaction of grown-up children. The study consisted of 229 married men and 319 married women in Korea and 220 married men and 249 married women in Japan. EASS2006 data were used in the analysis. Among Korean males, scores for marital satisfaction were highest among those who frequently offered financial support to their own parents and their spouse's parents. Among Korean females, scores for marital satisfaction were highest among those who offered daily support to their own parents. Among males and females, scores for marital satisfaction were highest among those who frequently received financial support from the husband's parents. In the case of Japanese males, scores for marital satisfaction were highest among those who no provided daily support to their own parents and to their spouse's parents.

Intergenerational Contact and Financial Support Between Parents and Married Children : Children's Gender and Birth Order as Correlates (기혼자녀의 성과 출생순위가 부모와의 접촉과 경제적지지에 미치는 영향)

  • Choi, Heejeong;Bin, Bokyoung
    • Journal of Families and Better Life
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    • v.34 no.2
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    • pp.15-27
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    • 2016
  • This study examined intergenerational contact and financial support exchange between parents and each of their non-coresident married children. Prior qualitative work has suggested that increased contact between parents and their married daughters may indicate a decline in patrilineal norms in contemporary Korean families. Using a nationally representative sample, this study investigated if married daughters engage in similar levels of intergenerational contact and financial support exchange with their parents in contrast to their married brothers (first-born sons in particular). The data were drawn from the first wave of the Korean Longitudinal Study of Ageing (KLoSA, 2006). For analyses, individuals who had at least one non-coresident married child were selected, resulting in the analytic sample of 3,950 parents with 10,947 non-coresident married children. Both regression with robust standard errors and sibling fixed effects regression models were estimated using the reg and xtreg procedures in STATA. Residential proximity and sociodemographic characteristics of both parents and children were controlled in analyses. Findings suggest that, overall, parents report more frequent face-to-face contact with and financial support from their first-born sons in comparison to other sons and daughters. Daughters, on the other hand, were found to engage in more frequent contact via phone call, mail, or email with their parents. In conclusion, we did not find a strong evidence to support the contention that patrilineal norms have softened in contemporary Korean families to the extent that has been suggested in qualitative studies.

Effects of Education Expenditure for a Child and Financial Support to Parents on Childbirth Intention, Elderly Life Preparation (자녀교육비 및 노부모에 대한 생활비 지원이 둘째자녀 출산의도와 노후준비에 미치는 영향 - $20{\sim}45$세 기혼여성을 중심으로 -)

  • Lee, Sun-Hyung
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.2
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    • pp.43-64
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    • 2009
  • The purpose of this study is to examine the effects of education expenditure children and financial support for parents on childbirth intention and, elderly life preparation. This study uses Korean Longitudinal Survey of Women & Families data. The research subjects are married women aged between $20{\sim}45$ years old who have one child and are living with at least one parent. The analysis method includes chi-square analysis, frequency analysis, and logistic regression analysis which is suitable for presuming differences between groups and relative influence or power. As a result, the first subjective perception is that economic conditions influence childbirth intention and elderly life preparation. Second, the portion of education expenditure is a more important factor than traditional ones, such as the child's sex, the married woman's job and her income. Third, elderly life preparation is influenced by economic factors, regardless of whether they are subjective or objective factors. Finally, analyses by logistic regression analysis suggest that a decision about childbirth is influenced by education expenditure. This refer to the costs related to the child's generation. A decision about elderly life preparation is related to financial support from parents, meaning costs related to the parents's generation.

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The factors that influence the financial supports and benefits between an adult married child and the parents by gender (기혼자녀의 성별에 따른 부모에 대한 경제적 지원 및 수혜의 영향 요인)

  • Hong, Sung-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.22 no.1
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    • pp.79-98
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    • 2018
  • The purpose of this study was to analyze the influence of a married adult on child-toparent and on parent-to-child financial supports. The data, derived from Korean General Social Survey(KGSS) was obtained from the Survey Research Center at Sung Kyun Kwan University. The samples included 367 married adult children who had more than one living parent. Multiple regression analysis was used to analyze the research model. The findings from the analysis showed that monthly household income had no significant impact on the financial supports that adult children provided to their parents or that the parents provided to their child. The expectation of financial supports from their parents in the future was a important factor that affected the level of female and male children's financial supports that they received from their parents. The level of instrumental supports from their parents and their parents-in-law did influence the level of financial transfers between them. These results showed that financial transfers between married adult children and their parents differed based on the children's attitude towards the supporting parents, and whether or not the children or parents had alternative resources available to them for financial supports. Moreover, the variation in financial supports and benefits showed complex differences based on the gender of the children, and based on whether the financial support was coming from the respondent's parents or their partner's parents.

Elderly's Support Exchange between Parents and Grown-up Offspring (부모 자식 간 부양 교환에 관한 연구)

  • Kim, Sang-yoon;Kim, Han-Gon
    • The Journal of the Korea Contents Association
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    • v.16 no.12
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    • pp.677-694
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    • 2016
  • This study examines the differences of support exchange and factors impacting on the support exchange between the elderly and their grown-up children in 2011. Socioeconomic variables are introduced as independent variables. Emotional, physical, and financial support exchanges are used as dependent variables. Descriptive statistics and multiple analysis of variance are used for the statistical analysis. Findings of this study are as follows: First, the support exchanges between the grown-up children living with parents and elderly parents are significantly varied by the socioeconomic factors. Second, the support exchanges between the children not living with their parents and the elderly parents are significantly varied by the socioeconomic factors. A majority of the elderly are suffering from financial difficulties and they do not receive appropriate supports from their grown-up children. On the other hand, it turned out that the elderly parents are highly contributable to provide the emotional support for their family members, and provide the emotional support to their grown-up children.

Intergenerational Social Support Exchanges and Life Satisfaction Among the Rural Elderly: Sex and Age Group Differences (농촌 노인의 세대간 사회적 지원 교환과 생활만족: 성별 및 연령집단별 비교)

  • 이형실
    • Journal of the Korean Home Economics Association
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    • v.41 no.4
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    • pp.57-69
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    • 2003
  • This study focused on individual differences in social support among older adults. The purposes of this study were to investigate sex and age group differences in social support and to examine the effects of intergenerational social support on life satisfaction among the rural elderly. Data were from 545 elderly over 60 years of age living separately from adult children in the rural area. With regard to sex differences in support exchanges, no significant differences were found in support-giving and support-receiving. Men reported giving more financial support to children than women, while women reported receiving more financial support from children than men. With regard to age group differences in support exchanges, there was less support-giving in older age group. Older parents in their 60s reported giving more financial, instrumental, and emotional support and receiving less financial support than the group of age 70+ Regression analyses showed that life satisfaction of both men and women was affected by support size and the frequency of contact with children. Giving financial and instrumental support was significantly associated with life satisfaction of men, but giving and receiving each type of social support had no effects on life satisfaction of women. Life satisfaction of parents in their 60s was found to be positively associated with support size, giving financial support and receiving emotional support, and negatively associated with giving instrumental support. In the group of age 70+, the frequency of contact with adult children and giving financial support had positive influences on life satisfaction.

Providing family support and depression: Focussing on babyboom women (여성 베이비부머의 부양지원 제공과 우울)

  • Lee, Yeobong
    • Journal of Family Relations
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    • v.21 no.4
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    • pp.51-74
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    • 2017
  • Objectives: This study observes how providing family support - financial, emotional, and instrumental - is related to depression in babyboom women. Method: I analysed data from the Korean Longitudinal Survey of Women and Families 5th wave, collected by the Korean Women's Development Institute. The analysis was conducted using regression, t-test, Chi-square test, frequency analysis, and Pearson's correlation analysis. Results: Financial support for grown-up children, either married or unmarried, increases depression in babyboom women. In the dimension of instrumental support, caring for grandchildren reduces babyboom women's depression. It implies that contact with grandchildren is perceived as an emotional support rather than a physical burden. The results of this study also show that babyboom women are comforted by living with their own parents, but not by living with parents-in-law. The most impressive observation, however, is in the dimension of emotional support, which showed that the conversation with elderly parents reduces baby-boom women's depression, but that the conversation with married children increases it. The opposite directions in the effects seem to be related to the subjects of the conversations. The subjects of the conversation with children are mostly about problems and agenda of the children, while those with elderly parents are mainly about parents' health and care for each other. Conclusions: The results of the analyses suggest that babyboom women should become less involved with their grown-up children's lives. It also calls for the societal efforts to be put into building up the support system, especially for eco-boom generation, to reduce babyboomer's burden of supporting the children.

Long-term and Short-term Reciprocity in Parent-Child Relations for Korean Sons and Daughter (세대 간 지원교환의 장기적·단기적 호혜성: 아들과 딸의 비교)

  • Choi, Heejin;Han, Gyoung-hae
    • 한국노년학
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    • v.37 no.1
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    • pp.83-102
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    • 2017
  • Expending on a life course perspective, this study explores the long-term and short-term reciprocity in parent-child relationships in Korean context. Since the reasons for providing filial support are believed to differ by gender, we focused on how a child's gender affects both types of reciprocity. Data were collected from middle-aged sons (N=726) and daughters (N=883) with at least one surviving parent. Logistic regression was then conducted in order to examine the relations between the support a child currently provides to parents and the current or previous support received from the parents. Dependent variables are financial and instrumental support that middle-aged child currently provide to the parents. The financial and instrumental support a child received from the parents within a year are included in the model as an independent variable to assess short-term reciprocity. The level of financial support a child has received during the transition to adulthood process is included in the model as a independent variable to explore long-term reciprocity. Result supports the existence of gender differences in the long-term reciprocity. Daughters provided instrumental support in response to the financial support that they had received from parents during the transition to adulthood process. However, for sons, this tendency was not found. When it comes to financial support, long-term reciprocity was observed neither for the sons nor for the daughters. Both sons and daughters are prone to provide financial support to the aged parents regardless of the level of financial support they had received during the transition to adulthood process. Short-term reciprocity was found both in sons and daughters. when they have been receiving a financial or an instrumental support from the aged parents within a year, they tend to provided instrumental support to the parents. This study shows that the aged parents still fulfill the reciprocal relationship to a certain degree. Secondly, we can conclude that the norm of reciprocity interplays with the norm of filial responsibility in contemporary Korea.

Intergenerational proximity and financial support to older parents (세대 간 거주근접성과 중고령 부모에게 제공하는 경제적 지원)

  • Choi, Heejeong;Nam, Boram;You, Soo-Bin
    • 한국노년학
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    • v.41 no.2
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    • pp.253-270
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    • 2021
  • We examined if intergenerational proximity might be associated with upstream financial transfer from adult children to older parents, and whether adult child gender might moderate the association. We considered siblings' proximity to parents, as well as that of the adult child. Prior work conducted in the US and other countries has suggested that children living further from parents might provide financial support to compensate for instrumental support provided more by siblings living closer to parents. Data were drawn from the Korean Longitudinal Study of Ageing (2014). Our analytic sample consisted of older adults 60+ and their children aged 35 and 55. None of the children co-resided with parents. Parental households consisted of either widowed individuals or married couples. For within-family analyses, fixed effects and random effects regression models were estimated. Results suggest first, sons living within a 30-minute distance, or within an hour to two-hour distance provided more monetary support to married parents compared to daughters. Second, contrary to existing findings, greater financial assistance was provided by sons and daughters when no children lived within an hour distance from their parents. For widowed parents living alone, intergenerational proximity was not associated with the amount of financial transfer from adult children.