• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.5
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• pp.244-252
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• 2018

This study examined the aging of people with severe disabilities experiencing relative alienation and deprivation in an aging society to find ways to make them happy and economically stable. This study identified the determinants of economic preparation for aging among people with severe disabilities using the ecosystem perspective. For this study, data were drawn from Panel Survey of Employment for the Disabled (PSED). A total of 950 samples were used from the eighth wave. Logistic regression analysis was conducted to examine the influence of various factors. As a result, age, level of education, employment, subjective socioeconomic status, self-esteem, income, homeowner, and non-beneficiaries affected the economic preparation for aging. These findings have practical and political implications concerned with improving the economic preparations for aging among people with severe disabilities.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.10
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• pp.6046-6055
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• 2014

The present study identified the factors of economic retirement preparation for people living with disabilities using the Andersen's behavioral model. The 2012 Disabled Employment Panel Survey data were collected from May 21, 2012 to July 31, 2012 and were analyzed by applying the SPSS 20 program. Logistic regression analysis was carried out on a sample of 2,869 people aged 30 to 60 years. The predisposing factors (education, marital status), possibility factors (employment, non-basic livelihood security recipient status, homeowner status, income), and desire factors (subjective socioeconomic status, life satisfaction, self-esteem) affected the retirement preparation. To help people living with disabilities, policies and programs based on the factors that reflect the individual needs must be established.

• Journal of the Economic Geographical Society of Korea
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• v.24 no.1
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• pp.76-101
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• 2021

This paper analyzes two cases of space tokenization, Meridio and QuantmRE, to explore the potential of tokenization as a new means of space financialization. Space tokenization is based on blockchain technology and security token offering (STO). Although some financial geographers noted the possible impact of blockchain technology on space financialization, it has not been examined in depth. Therefore, this paper demonstrates space tokenization cases in detail. Meridio and QuantmRE suggest financial structures that convert space into tokens based on fractional ownership transactions. QuantmRE, specifically, allows a homeowner to secure cash without either debt or ownership relinquishment through sales of tokenized home equity. As this method takes a form of sale transaction rather than a loan, it enables financial institutions to circumvent strengthened regulation on loans after the 2008 global financial crisis. Moreover, even "house poor" households, who own houses but lack cash due to excessive loans, can cash out from their properties through QuantmRE. As such, space tokenization enables financial institutions to overcome constrained conditions after the global financial crisis, thereby reproducing space financialization. Space tokenization also has the potential to geographically expand space financialization through stimulating investment in the depressed housing market.