• Journal of Family Resource Management and Policy Review
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• v.16 no.3
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• pp.153-176
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• 2012

This study gives an account of the state of baby-boomer households in regard to assets and liabilities utilizing the 2006 Household Asset Survey and the 2011 Survey of Household Finances. Using the data gathered from each year, this study examined the proportion of households who had each type of asset and liability, and the amount of them. This study also compared the amount of assets and liabilities of baby-boomer households with those of non baby-boomer households in 2006 and 2011 respectively. Finally, this study examined the amount of change and composition ratio of assets and liabilities of baby-boomer households between 2006 and 2011. Selected financial ratios were also presented for both years. Major findings are as follows. The average asset amount for baby-boomer households was approximately 296 million in 2006 and 392 million in 2011. Of total assets, 78% and 76.5% were real assets in 2006 and 2011 respectively. The average financial assets of 2006 baby-boomer households were approximately 66 thousand and the average amount of debt was 42 thousand. For 2011 baby-boomer households, the average amount of financial assets was 92 thousand and the average amount of debt was 73 thousand. Results from the 2011 survey showed that baby-boomer households had a significantly higher proportion of total assets, total debt, and net worth than non baby-boomer households. The proportion of savings, saving insurance, stocks, and mutual funds were significantly higher for baby-boomer households than non baby-boomer households in 2011. In regard to financial ratios, the emergency fund index and debt burden index were appropriate to the guidelines of asset quality, although the propensity to investment indexes were not.

• The Korean Journal of Community Living Science
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• v.20 no.1
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• pp.71-80
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• 2009

This study aimed to identify and compare variables affecting life satisfaction of older women by focusing on household types and poverty levels. The study used data from the Korea Longitudinal Study of Aging administered by the Korea Labor Institute in 2006. The data for 1,017 older women ages over 65 including 427 single households and 590 couple households was analyzed. First, interaction effects of household types and poverty levels on life satisfaction were statistically significant. For the non-poverty households of older women, there was no explicit difference between single households and couple households in life satisfaction, but for the poverty households, single households were lower in life satisfaction than couple households. Second, as a result of reviewing four groups of older women (poverty-single household, poverty-couple household, non-poverty-single household, and non-poverty-couple household), besides religion, it was found that there were significant differences in age, education level, number of children, health level, residence area, and status of economic activity. Third, when analyzing variables affecting life satisfaction, common predictors for the four groups were health level and ownership of house. Older women who perceived to be healthier and owned their own homes were higher in life satisfaction. For poverty-single households, older women with over middle school graduation were also higher in life satisfaction, but for poverty-couple households, older women with over middle school graduation and more children were higher.

• Journal of the Korean housing association
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• v.26 no.5
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• pp.79-87
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• 2015

This study explored low-income households' experiences and perception of home energy cost burdens and determinants of the perceived home energy cost burdens. Between March and July 2014, a questionnaire survey was administered in Cheongju, South Korea. Among the 434 useable responses collected, responses from 218 households with monthly income less than 2,500,000 Korean Won (KRW) were compared with those of 216 households with higher incomes. The main findings are as follows. In the past three years, more than 10 percent of low-income households had had their electricity cut off; 5.7 percent had had their city gas cut off. To pay for their home energy expenses, nearly 70 percent of the low-income households had had to limit their heating, cooling or spending for other necessities; 38.3 percent had to borrow money. Low-income households reported more problems paying for home energy than higher-income households did. Households with more negative evaluation of rainwater leak, no one staying at home all day, monthly income less than 1,500,000 KRW and householders in their 40s and 50s tended to perceive a heavier home energy cost burden. Finally, the most popular support programs were fuel assistance and discounts on energy bills.

• Journal of Urban Science
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• v.10 no.1
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• pp.21-28
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• 2021

The purpose of this study is to examine the factors affecting the housing satisfaction of elderly households in comparison with non-elderly households, and to present policy implications in terms of housing welfare policies. For this purpose, this study used ordered logit model analysis using '2019 Housing survey data'. As a result of the analysis, in the case of individual/housing characteristics, the analysis results of the non-elderly household model and the elderly household model were similar. However, in the case of regional characteristics, non-elderly households living in the metropolitan area showed higher housing satisfaction than non-elderly households living in the non-metropolitan area, whereas the elderly households living in the metropolitan area had lower housing satisfaction than the elderly households living in the non-metropolitan area. In addition, the satisfaction variable of neighborhood/environmental characteristics that had the greatest impact on the housing satisfaction of non-elderly households was found to be crime prevention status satisfaction, and the satisfaction variable of neighborhood/environmental characteristics that had the greatest impact on the housing satisfaction of elderly households was air pollution satisfaction. The results of the analysis can be used as various reference materials when establishing housing welfare policies for elderly households.

• Journal of Family Resource Management and Policy Review
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• v.1 no.2
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• pp.135-147
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• 1997

This study was designed to identify the concept of institutional households in the context of its human-needs-satisfying function. The specific objectives of this study were to refine the research boundary of institutional households and to develop the management principals which is appropriate to the characteristics and orientations of institutional households. This study concludes as follows : 1. it is important to find various types and forms of institutional households for the more advanced study. 2. the professionals in family resource management area should have the future-oriented-perspectives in improving the concept of institutional households.

• The Korean Journal of Community Living Science
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• v.14 no.1
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• pp.73-86
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• 2003

This study investigates the reports about financial structures of the single mother households and women-headed households to examine their economic problems. As a result, we come to a conclusion that the single mother households and women-headed households have improper financial structures. For solving these problems, they need administrative economic support policies. Also, free education programs are very useful to settle their financial structures.

• Journal of the Korean housing association
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• v.10 no.1
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• pp.97-109
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• 1999

The purpose of this study is to examine the changes of housing characteristics between dwellings occupied by two and more households and one household occupying dwellings over 10 years using the Population and Housing Censuses in 1985, 1990, and 1995. One dwelling for each household, referred to the ratio of the number of dwellings to the number of households, has been one of the most important housing goals in Korea. The results indicated that the ratio of dwellings occupied by one household as well as that of households occupying one dwelling by oneself have been increased since 1985. However, the number of dwellings occupied by two and more households have been decreased but the number of households who share one dwelling with other households have never been decreased. One dwelling for each household has been mainly increased by the multifamily attached dwellers in urban residences. Single-family dettached dwellings in the urban area are the most often shared with other households. Housing policymakers should consider not only the rapidly increasing single households but also renters shared one dwelling with others mostly homeowners of single-family dettached dwellings.

• Journal of Families and Better Life
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• v.16 no.2
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• pp.83-96
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• 1998

The purpose of this study was to investigate the level of assets and liabilities of farm households and to evaluate the financial status of rural middle-aged and old-aged household using financial ratios. For these purposes an empirical survey data was gathered from rural middle-aged and old-aged households in 8 provinces using structured questionnaires. 877 households data were used in final analysis. The statistical methods used for data analysis are frequency percentile mean The statistical methods used for data analysis are frequency percentile mean median standard deviation $\chi$2 and t-test using SPSS/PC WIN program. Among financial ratios 64.7% of total households could meet the guideline of consumption to income ratio 5.9% of total households could meet the appropriate level of short-term and long-term liquidity. In the case of debt burden ration 82% of total households could meet the guideline. And 28.5% of total households could meet the guideline of capital stock ratio .

• Korean Journal of Human Ecology
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• v.17 no.4
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• pp.679-692
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• 2008

The goal of this study is to analyze one-child households' financial structure. The data from 1022 more than two children households and 236 one-child households were taken from the Korean Labor and Income Panel Study(2004). This study compared demographic, socioeconomic and marital characteristics between one-child households and more than two children households. A chi-square test, t-test and multiple regression analysis were used. The major findings were as follows: One-child households were different from more than two children households in demographic socioeconomic characteristics and financial structure. In one-child households, the variable that significantly influenced on consumption expenditures was monthly income and the variables that significantly influenced on private education expenditures were householder's age, home-ownership, monthly income.

• Journal of the Korean Society of Clothing and Textiles
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• v.28 no.7
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• pp.939-949
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• 2004

The purpose of this study was to analyze clothing expenditure patterns of urban, rural/farm, and rural/non-farm households. A sample of 23,994 households was selected from the 1996 National Survey of Household Income and Expenditure, and 1996 Farm Household Economy Survey. Frequency and regression analyses were used. Major findings were: 1) clothing expenditure of rural/farm households were significantly lower than that of urban and rural/non-farm households; 2) in terms of clothing expenditure by categories, urban and rural-non-farm households have similar expenditure pattern; 3) clothing expenditures relative to income were lower than 1 for all three groups; 4) clothing expenditures relative to total income for urban and rural/non-farm households were higher than 1, while that for rural/farm households was lower than 1; 5) a major factor explaining clothing expenditure differences between urban and rural consumers was the household head＇s occupation.