• Title/Summary/Keyword: household economic status

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Analysis on Financial Statuses of Single and Non-single Low-income Households (저소득층 일인가구 및 비(非)일인가구의 가계재무상태 분석)

  • Kim, Sung-Sook
    • Journal of Families and Better Life
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    • v.29 no.4
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    • pp.125-145
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    • 2011
  • The purposes of this study were to examine low-income households' financial statuses and the socio-economic characteristics of single-person and non-single person households according to the financial indexes used for evaluating financial security and growth status developed based on financial ratios. Using 2009 KLIPS(Korean Labor & Income Panel Survey) data collected by the Korean Labor Institute, the satisfaction levels from the indexes were analyzed and compared between the two household types. The results showed that 46.0% of single-person households were not satisfactory in terms of all financial growth indexes but were partially satisfactory in terms of all financial security indexes. These householders tended to be females and in the their 70s, who lived in Seoul or in a suburb of Seoul, Korea. They reported problems with a lack of financial growth possibilities. 47.0% of non-single person households were not satisfactory in terms of all financial growth indexes but were partially satisfactory in terms of all financial security indexes. These householders tended to be males in their 60s and 70s with no job who were living in Seoul or in a suburb of Seoul, Korea. They reported having low level of liquidity and high level of debt redemption. 42.6% of single-person households were not satisfactory in terms of both financial security and growth indexes partially. These householders tended to be females in their 20s or 70s who were living in rural areas. They reported problems related to an adverse balance between household income and expenditures and a large scale of debt. 43.1% of non-single households were not satisfactory in terms of both financial security and growth indexes partially. These householders tended to be males in their 60s or 70s and homeowners. They reported problem related to an adverse balance of household income and expenditures and high a level of housing expenditures and liquidity. The research findings have implication for policy makers considering financial support programs and welfare programs for low-income householders, considering the recent changes in households structures.

Association between Subjective Social Status and Perceived Health among Immigrant Women in Korea (이주여성의 주관적 사회수준과 주관적 건강 간의 관련성)

  • Mok, Hyung-kyun;Jo, Kyu-hee;Lee, Jun Hyup
    • The Journal of Korean Society for School & Community Health Education
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    • v.18 no.3
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    • pp.1-15
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    • 2017
  • Objectives: About for twenty years, immigrant women in South Korea have steadily increased due to economic growth and industrialization. According to previous studies in terms of immigrants, subjective socio-economic status(SES) as well as objective SES such as income, occupation and level of education predict health outcomes. The purpose of this study was to examine association between subjective social status and perceived health among immigrant women. Methods: We analyzed 12,531 participants from the 2012 National Survey of Multicultural Families. Study variables included subjective SES in Korea, subjective SES in community and perceived health. Control variables were age, household income, employment, education, marital status, ethnicity, language proficiency. For this study, descriptive analysis, Chi-square test, and multivariate logistic regression analysis were performed. Results: Among immigrant women, after adjusting for control variables, level of education in community was not associated with perceived health. Otherwise, subjective social status in Korea(low subjective social status reference group vs high subjective status : OR 2.056) was associated with perceived health. Conclusions: Immigrant women in Korea would be culturally affected by inherent characteristic rather than social economic status. Through this study, in order to improve health inequality among immigrant women, we should consider developing social supports and networks.

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A study on the total housing cost of households living in rental house (임차가구의 주거비용에 관한 연구)

  • 곽인숙;김순미
    • Journal of the Korean Home Economics Association
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    • v.37 no.2
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    • pp.127-144
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    • 1999
  • The purposes of this study were to identify the housing maintenance cost, imputed rent fee and total housing cost of households living in rental house, to analyze the factors related to their housing maintenance cost, imputed rent fee and total housing cost and to investigate the factors contributing to total housing cost to total household income ratio. The data used for these purposes, was 97 KHPS of Daewoo Economic Research Institute. Sample size of households living in rental house, was 663. Statistics performed for the analysis were frequencies, percentiles, t-test, Lorenz cutie and Gini coefficient, Tobit analysis, OLS and Logistic analysis. The results of this study were as fellows: First, monthly cost of monthly rent & maintenance and repairs of households living in rental house with a deposit was lower than rental house, while the imputed rent fee of households living rental house with a deposit was higher than monthly rent households'And, total housing cost of households living in rental house with a deposit was higher than monthly rent households'. Second, Gini coefficient of the housing maintenance cost was 0.440, Gini coefficient of imputed rent fee was 0.362, and Gini coefficient of total housing cost was 0.291. Third, the variables related to their housing maintenance cost were family type, total household expenditure of socio-demographic characteristics and residence, type of rent, housing type of housing environmental factor. Also, the variables contributing to imputed rent fee were job type and educational attainment of household hearts, the number of family members, total household expenditure, residence, type of rent, housing type and tole number of rooms. In addition, the variables associated with total housing cost were job type and educational attainment of household head, total household income and residence, type of rent, housing type and the number of room. Finally, age, job type, educational attainment of household head, wife's employment status, the number of family members, family type, total household expenditure, residence, rent type of rent, housing type, the size of living space, and the number of room were significant variables contributing to total household cost to total household income ratio.

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The Importance of Financial Literacy: Household's Income Mobility Measurement and Decomposition Approach

  • MONSURA, Melcah Pascua
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.647-655
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    • 2020
  • This study introduced income mobility analysis using pseudo-longitudinal panel data from Family Income and Expenditure Survey (FIES) to consider the dynamic process of individual's well-being through time. Since there is no comprehensive measurement of income mobility because of its dynamic process, various income mobility indices such as Chi-square, Average Jump Index, Atkinson et al. Mobility Ratio, and Shorrocks' Mobility Index were used. These indices revealed that Filipino households' income movements are more mobile than expected, and their income status improved from 2000 to 2015. As income mobility takes place, income inequality is reduced by 91.80 percent (91.80%). Furthermore, the growth effect is the main factor of income mobility. This indicates that households took the economic opportunities from economic growth to earn more. However, income mobility due to transfer effect (transfer of income from one household to another through lottery winning and borrowing) increased when the economy is not good. The higher income mobility due to growth effect compared to transfer effect, whether the economy is good or bad, means that households learned how to use their income in savings, investments, and entrepreneurship. This is the result of a successful financial literacy program of the government wherein households realized financial stability and security.

Resource Transfers between Mothers and Adult Children : Financial Resources and Caregiving (어머니와 성인 자녀간 자원이전 : 경제적 자원과 돌봄)

  • Lee, Yun-Jeong;Koh, Sun-Kang
    • Journal of Families and Better Life
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    • v.29 no.6
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    • pp.137-151
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    • 2011
  • This study examines the condition of transfers between mothers and adult children, analyzing the influencing factors in such transfers. Specifically the study examines the influence of financial transfers and economic resources on financial transfers and grandchild caregiving between mothers and adult children. The sample of 3719 mothers with adult children was extracted from the first wave of the Korean Longitudinal Survey of Women and Families. The major findings are as follows. Mothers's socio-demographic characteristics are important factors in explaining financial transfers between mothers and adult children. Mothers who have jobs and spouses are more likely to provide economic resource to their adult children than those who don't have. In terms of receiving economic resources from adult children, statistically meaningful factors are mothers' age, labor market participation, marital status, household income, household asset, and children's labor market participation. Especially, labor market participation of mothers and adult children is statistically powerful factor in financial transfers and caregiving.

The Discretionary Consumption Expenditure of Korean Urban Housewives (도시주부의 선택성 개인 소비지출에 관한연구)

  • 백은영
    • Journal of Families and Better Life
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    • v.16 no.4
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    • pp.183-196
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    • 1998
  • The purpose of this study was to investigate the discretionary consumption expenditure of Korean urban housewives and the factors contributing to the discretionary consumption expenditure. 535 housewives living in Seoul and Gyungki district were selected and frequencies percentile means standard deviation and multiple-regression analysis were utilized. The results of this study were as follows: First the monthly discretionary consumption expenditure of Korean urban housewives was 592,500won. Particularly the level of clothing expenditure for urban housewives of 135,700won was found to be the highest expenditure among other discretionary expenditures while the level of transportation expenditure of 68,100won was found to be the lowest expenditure. Second educational attainment employment status conspicuous tendency of consumption and contribution to household economic of urban housewives husband's job the number of children monthly income debt ownership and home ownership were ignificant variables on each category of discretionary consumption expenditure while age future economic expectation egion and total asset were not significant variables. Third employment status conspicuous tendency of consumption husband's job the number of children monthly income and debt ownership were related to discretionary consumption expenditure of Korean urban housewives.

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The Effect of Employment Status on the Depression of the Elderly (취업 여부가 노인의 우울에 미치는 영향)

  • Nam, Hyekyung;Yi, Yunjeong;Hur, Jungyi
    • Journal of Korean Public Health Nursing
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    • v.31 no.3
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    • pp.492-504
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    • 2017
  • Purpose: This study aims to investigate the effect of employment of elderly over 65 years on elderly depression using the "Nation Elderly Survey 2014". Methods: The subjects were 10,451 elderly aged 65 or older who were selected from 16 cities and provinces via multilevel stratified sampling method. In an effort to represent well the nation's elderly population, composite sample analysis method was used for the study, and a hierarchical logistic regression analysis was performed to identify those factors affecting the depression among the elderly population. Results: The factors affecting the depression were education level, household income, Perceived health status, smoking, drinking, physical activity, body mass index and employment status. It was found that the unemployed persons were 1.68 times more likely to be depressed than those who remain employed. Conclusion: Where the average life expectancy is getting longer and the poverty rate of elderly is high, employment activities of the elderly are of great significance in terms of ensuring economic stability as well as in lowering medical expenses through reduction of depression. Therefore, it is necessary to increase the employment rates of the elderly for economic, social and healthcare perspectives.

Influence of Family Mealtime and Family Functioning on Early Adolescents' School Adaptation (가족식사 및 가족기능이 초기 청소년의 학교적응에 미치는 영향)

  • Lee, Hyun-Ah;Choi, In-Suk
    • Journal of Families and Better Life
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    • v.31 no.3
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    • pp.1-13
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    • 2013
  • The purpose of this study was to examine the influence of family mealtime and family functioning (family cohesion, family adaptability, and communication with father and mother) on early adolescent school adaptation. Data of 3,145 middle school students from the Survey on the Family Values and Lives among Adolescents(2010) conducted by National Youth Policy Institute(NYPI) were used. The findings are as follows. First, there were significant differences in the frequency of having breakfast and dinner with father and having breakfast with mother, family cohesion, and communication with father according to gender. Second, hierarchical linear regression analyses revealed that household economic status, mother's employment status and adolescents' gender among demographic characteristics, having breakfast with father and having dinner with mother in family mealtime frequency, and all the variables of family functioning predicted adolescents' school adaptation. Finally, economic status, having dinner with mother, family cohesion, and communication with father and mother were associated with adolescents' school adaptation for both boys and girls. Mother's education and having breakfast with father were found to be significant for only boys, while mother's employment status and family adaptability were found to be significant for only girls. These findings could provide grounds for making family and education policy.

Cattle Production on Small Holder Farms in East Java, Indonesia: I. Household and Farming Characteristics

  • Winarto, P.S.;Leegwater, P.H.;;Ibrahim, M.N.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.13 no.2
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    • pp.220-225
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    • 2000
  • A general household survey was carried out in the village of Sonoageng in East Java, Indonesia with the aim to assess their socio-economic status, and the crop and livestock production system prevailing in the area. Of the households interviewed (164), 52% are landless, 35% own land or have a combination of own and shared land, and 12% do not own land but have access to land by sharing. Nearly two thirds (65%) of the households raise cattle; most of them own animals, 8% reared shared animals only. The dominant crop was rice; other crops grown were soya bean, groundnut, maize and sugar cane. Nearly half (47%) the household income was derived from off-farm work (non-agricultural activities), 33% from crops, 13% from livestock (mainly cattle), and 7% from agricultural labour. Most households kept 1 to 2 animals and only 21 out of 164 households earned more than Rp. 500,000 (~250 US$) per annum from livestock. The most prevalent type of livestock production in the area could be characterized as small-scale cow/calf operation, either by landless households or those with <0.4 ha of land.

Exploring Unemployed Women Labor Force-based on the Estimations of the Reservation and Market Wages (미취업 여성의 미취업 원인에 관한 연구: 의중임금과 시장임금의 비교를 중심으로)

  • Lee, Seonglim
    • Journal of Labour Economics
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    • v.27 no.1
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    • pp.135-164
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    • 2004
  • Using the data from the KLIPS, this study categorizes unemployed women into the four mutually exclusive groups according to the two criteria (whether to have intention to work and the comparison of reservation and market wages), and investigates factors affecting the status of the unemployment of women. Heckman's sample selection regression and multinomial logit are applied for the estimation. The major results are: the proportion of unemployed women who do not have intension to work or whose reservation wages are greater than expected market wages is about 50%, and the proportion of unemployed women who have intension to work or whose reservation wages are less than expected market wages is about 50%; second, human capital, burden of child raising and household production, household economic status, the variables related to work experience are found to be the factors affecting unemployment status of women.

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