• Journal of the Korean Home Economics Association
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• v.39 no.9
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• pp.49-61
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• 2001

The purpose of this study was to examine the usefulness of financial ratios as comparison analysis of households financial status. Two household types were discussed such as earner and self-employed. Financial ratios were developed for 2739 households for earners and 2147 households for self-employed using. Korean Household Panel Study from Daewoo Economic Research Center. Descriptive Statistics were used to analyze the financial ratios and seven different finantial ratios were utilized to compare the fiancial status of two different households type. Easers have more average income and net-assets than self-employed. However, using financial ratios, it was found that self-employed households were more stable than easer. The resets shows that the financial ratio analysis gives better tool to estimate households'financial status. Implications for financial educators, counselors, and planners are offered.

• Journal of the Korean Society of Food Culture
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• v.19 no.6
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• pp.630-639
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• 2004

Korean households' expenditures on foodservices are on the steady increase. This paper aims to examine the foodservice expenditures of salary and wage earners's households by income decile group. This is analysed through comparing foodservice expenditures with private education expenditures because households' expenditures are likely to be weighted in favor of eating-out rather than private education. We also model the consumption function in terms of income and price, examining the responsiveness of private education demand and eating-out demand to changes in income and price using econometric methods such as regression, rolling regression and impulse response. This paper show that foodservice demand increases more than the private education does in the long-run. The result indicates that households are likely to evaluate the desire for foodservice more important than private education contrary to our expectations in the long-run. The impulse response analysis, however, suggests that households tend to increase private education expenditures rather than eating-out expenditures in the short-run.

• Journal of the Korean housing association
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• v.26 no.1
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• pp.81-90
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• 2015

The purpose of this study was to investigate housing characteristics of young renter households by locations using licensed microdata of the 2012 Korea Housing Survey. There were 1,020,216 renter households (weighted count) headed by persons between 20 and 34 years of age, and their housing characteristics were compared statistically across their residential locations (Capital Region, metropolitan cities, other areas). Major findings are as follows: (1) Capital Region young renters had the worst housing quality to have the greatest proportion of households living in units failed to meet national minimum housing standards, and/or in basement or semi-basement units; (2) Capital Region young renters had the greatest proportion of households that had housing cost burdens; and (3) 37.3% of young renter households in metropolitan areas and 33.5% in Capital Region were found to receive family support in order to afford current rental costs.

• Journal of Families and Better Life
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• v.25 no.3 s.87
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• pp.25-44
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• 2007

The purpose of this study was to classify the financial strategies and investigate major determinants of the financial performance in elderly households. This study used the data of 4,577households with all ages and 1,255 elderly households were from the Korean Labor and Income Panel Study(2000, 2003). The data were analyzed by various statistical methods such as frequency, mean-test, Duncan's multiple range test, k-mean cluster analysis and regression. The major findings were as follows: First, the classified household financial strategy types were Residual(44.3%), Financial Assets(24.0%), Informal Institutional(19.7%), Diversified Portfolio(7.6%), Real Estate(4.5%). Second, the criteria of classification of the financial strategies were relative, not absolute. Third, elderly households that employed a financial assets had the greatest financial performance (62,320,000 won net gain). Households with all ages that employed a diversified portfolio strategy had the greatest financial performance (98,360,000 won net gain). Forth, the determinants of the financial performance were significantly different according to the types of financial strategy.

• Journal of Families and Better Life
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• v.22 no.3
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• pp.11-21
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• 2004

This study examined factors associated with the ownership of stock investments and the amount of stock investments of households using the 2001 National Survey of Family Income and Expenditure by National Statistical Office. Households with large amounts of income, savings, and liabilities were more likely to invest in stocks and have large amounts of stock investments. Also, households with young and male householders, highly educated householders, a number of children in school, and housing ownership were more likely to invest in stocks and have large amounts of stock investments. On the other hand, self employed households and dual income households were less likely to invest in stocks and have small amounts of stock investments.

• Journal of the Korean Home Economics Association
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• v.43 no.1 s.203
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• pp.85-103
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• 2005

This study attemped to analyze the financial stati of single households. The financial stati of single households were analyzed using the income and expense stati, balance sheet status and selected financial ratios as components. The data of 757 single household's from the 1998 Korean Household Panel Study were utilized. The major findings are summarized as follows; 1. Male single households had higher income and expense stati than those of females but lower holdings of other asset with the exception of liquid assets. Single elderly households had the highest holdings of both real assets and debt. 2. Usually single households were retained more short-term than long-term liquid assets. The debt burden ability in using net assets was the lowest of all assets. To accumulate capital those in single household were more likely to have savings than investment assets.

• Journal of the Korean Home Economics Association
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• v.39 no.2
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• pp.111-130
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• 2001

Using the 1996 Expenditure Survey of Urban Famines from the Korea National Statistics Office, this study examines the economic status and the inequality of the elderly households. To explain the inequality of the single elderly households, this study divides the elderly into three groups of single, couple, and Living with admit children, and compares the total household income, total household expenditure and the net saving amount of these three groups. The results of Gini coefficients and Lorenz curries show that the inequality is higher in the single elderly household than couple elderly households or living with adult children elderly households. To investigate the reason of the inequality, this study compares the income, expenditure, and net saving amount by working condition of the household head in each three group. The result implies the need of employment to get household income especially for the single elderly who are in the higher inequality economic condition.

• Journal of the Korean Home Economics Association
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• v.37 no.9
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• pp.39-56
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• 1999

Households have experienced economic instability since Korea economic crisis in 1997. This study attempts to explore the financial management behavior by the types of economic instability classified considering the two aspects of the employment and the income instability of the households. The specific objectives of this study are : 1) to classify households’economic instability in terms of employment and income instability. 2) to examine whether the financial management behavior is different between households experiencing the different types of the economic instability. The sample consisted of 792 married women living in Seoul. The statistical methods used for analysis included Reliability, Frequencies, Percent, Mean, Standard Deviation, Analysis of Covariance, one-way Anova, DMR-test. The major results can be summarized as following : 1) The economic instability experienced by houeholds can be classified into the 4 types employment-income instability, employment instability income stability, employment stability$.$income instability, and employment$.$income stability. 2) There are statistically significant differences in the levels of financial management behavior between households having the different types of economoc instability. The results of this study could be needed for development of the employment policies and the financial education programs.

• Journal of Korean Society of Rural Planning
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• v.21 no.1
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• pp.9-17
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• 2015

The purpose of this study was to analyze the preferences for the physical features of senior congregate housing. The survey was conducted to target the elderly households living in senior congregate housing and general elderly households living in the rural. The results of this study were as follows. Showed that housing conditions are more important than environmental conditions, elderly households living in senior congregate housing. Among them was the most important house prices and rents. Also among the external factors such as environmental conditions is the distance to the workplace were very important. So the elderly households living in congregate housing showed that more important considering the economic aspects. Finally, want to be the foundation of sustainable housing policies for rural elderly households.

• Journal of the Korean Home Economics Association
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• v.43 no.6 s.208
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• pp.47-60
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• 2005

This study analyzed the factors that affect the use and expenditure of households for childhood education and care centers. The data were drawn from KLIPS(Korea Labor and Income Panel study), vol. 5(2002). From this dataset, 1,171 households were selected for this study. The results of this study were as follows. First, when compared to unemployed mother's households, employed mother's households tended to use childhood education and care centers. Second, with rising household income, the use of childhood education and care centers decreased. Third, the expenditure was much larger for the households with a large income than those with a small income.