• Title/Summary/Keyword: income

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A Study on the Relationship between Public Income Transfers and Private Income Transfers in Korea (공적 소득이전과 사적 소득이전의 관계)

  • Shon, Byong-don
    • Korean Journal of Social Welfare Studies
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    • no.39
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    • pp.343-364
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    • 2008
  • Using data from Korea Welfare Panal Study(KWPS), this study examines the relationship between public income transfers and private income transfers in Korea. This research is analyzed by the procedure of OLS regression analysis. The results are as follows. First, the paper shows that public income transfers crowded out the private income transfers. Specially public assistance crowed out the private income transfers. The amount of public income transfers has negative correlation with the amount of private income transfers. The amount of public assistance income has negative correlation with the amount of private income transfers. But social insurance transfers do not have influence on the private income transfer. Second, the private income transfers in Korea are altruistically motivated.

Analyzing the Residential Mobility Factors of Low-Income Households (저소득가구의 주거이동 요인 분석)

  • Kang, Mi;Lee, Jae Woo
    • Korea Real Estate Review
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    • v.28 no.3
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    • pp.79-94
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    • 2018
  • This study analyzed the factors associated with residential mobility based on the data from the 11th to the 19th wave of the Korean Labor & Income Panel Study (KLIPS). After grouping low-income households within the first to the fourth income bracket into households that exhibited no income bracket change and those with income bracket changes during the research period, this study examined the effects of the income situation of each group on residential mobility. According to the results of the analysis, in the group of households that showed no low-income bracket change, significant effects were found only in the age of the head of the household, housing cost, and rental deposit (Jeonse) and monthly rental of the household. In the group of households that showed low-income bracket changes, findings were generally in line with those of the whole household, where total income and the number of full-time employees in the household were the same as those of the whole household, indicating that it would be necessary to improve the employment stability of low-income households. Based on the findings of this study, housing inequality is intensifying within low-income households, and, thus, housing policies, based on continuing surveys, must be implemented to enhance income opportunities and stabilize the housing needs of low-income households.

Income and Consumption Inequalities and their Linkages (소득 및 소비의 불평등과 상호 연계)

  • Kim, Dae Il
    • Journal of Labour Economics
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    • v.38 no.2
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    • pp.25-58
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    • 2015
  • This paper compares income and consumption inequalities in Korea and applies the permanent income hypothesis to interpret the linkage between the two inequalities. Income inequality has been increasing since 1990 while consumption inequality had been decreasing until the early 2000s when the two inequalities started to co-move. Permanent income hypothesis explains reasonably well the consumption pattern in the recent period, which reflects the increased access to asset markets by the Korean households. Consequently, the co-movement of income and consumption inequalities in the recent period implies that inequality in permanent income components are fluctuating.

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A Study on the Economic Problems of Urban Low-income Families (도시 저소득층소비자의 경제문제에 관한 연구 - 서울과 인천의 주부를 중심으로)

  • 윤정혜
    • Journal of Families and Better Life
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    • v.4 no.2
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    • pp.67-88
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    • 1986
  • This study attempts to explain the income and consumption problems of urban low-income consumers and to explore factors of their poverty. For the purpose of this study, interviews were conducted with 124 low-income home managers. All the subjects live in Seoul and Inchon. The major findings are: First, low-income families seriously suffer from low income and small property. And the degree of economic hardship is the most serious with wife-working families whose husbands have no job or are dead. Second, low-income consumers have low budgeting and purchasing skill. Third, low-income consumers have 'doing' orientation but have fatalistic value orientation. This study suggests that it is necessary to develop an integrative measurement of economic hardship. It also suggests that low level of low-income consumer's skill can be well explained in terms of man-nature value orientation.

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A Study on the Shopping Attitude and the Apparel Purchase Behavior of Korean High-Income Consumers (고소득층 소비자의 쇼핑성향과 의류상품구매행동 특성 - 서울 강남지역 여성들을 중심으로 -)

  • 이은정;이은영
    • Journal of the Korean Society of Costume
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    • v.52 no.7
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    • pp.57-69
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    • 2002
  • The Purpose of this study were to find out general characteristics of apparel purchase behavior of high-income consumers, and to segment the high-income consumers according to their shopping attitude. One hundred and ninety-five high-income consumers living in Kang-nam area of Seoul were surveyed. and the following results were found : 1) high-income consumers were less conscious of 'price'. and more conscious of'prestige'and'design'compared to the ordinary consumers. (2) and prefer information they gain during store shopping to mass communication information. (3) High-income consumers were more agreed on 'price-conscious shopping attitude' than 'conspicuous' & 'hedonic shopping attitude'. (4) According to shopping attitude, high-income consumers were divided into two different segments. 'conspicuous&hedonic group' and 'reasonable shopping group', and their age, income, and purchase behavior factors were significantly different from each other.

The Impact of Income Inequality on Economic Growth: Empirical Evidence from Vietnam

  • HIEN, Luong Quang
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.305-312
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    • 2022
  • Each country's economic progress creates opportunities for its citizens to raise their income. Meanwhile, the country has secured the people's social security policies, particularly the protection of income equality, to promote harmonious and sustained economic development. Vietnam has been located in a dynamic economic development area in Southeast Asia since the 1986 economic reforms, with an annual growth rate of around 7%. Meanwhile, having achieved a middle-income status of roughly 3500 USD per person per year, Vietnam is attempting to maintain income equality and access to welfare systems for its inhabitants. As a result, the primary goal of this study is to use an autoregressive distributed lagged model to investigate the effects of income inequality and other economic factors such as foreign direct investment and trade openness on Vietnam's economic growth from 1992 to 2019. The research focuses attention on literature on income inequality, economic development indicators, and economic development in unique ways in this study. Income inequality slows the rate of change in economic development in the same year, according to our findings. Finally, the study will make policy suggestions to the Vietnamese government.

SMALL SCALE DAIRYING IN THREE FARMING SYSTEMS IN EAST JAVA I. FARMER'S INCOME AND HOUSEHOLD CHARACTERISTICS

  • Widodo, M.W.;de Jong, R.;Udo, H.M.J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.7 no.1
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    • pp.19-29
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    • 1994
  • The annual income (gross margin) in 1989/90 of a sample of 274 farmers in seven milk cooperatives was analyzed in the sugar cane, cassava, and horticulture areas in East Java. On average dairying contributed 42%, crops 29% and off-farm revenue 29%. Dairy income was highest in the cassava area, where it compensated for the low crop income, and lowest in the sugar cane area. Farm area and average milk yield per day per cow correlated positively with farmer's income, whereas crop income increase significantly with farm area and with the number of cows. The level of total cost per cow had a negative impact on dairy and with the number of cows. The level of total cost per cow had a negative impact on dairy and on total income. Government officials and other professionals engaged in dairying had a significantly higher total income than those with their main occupation in dairying, cropping or working as farm labourers. Uneducated farmers obtained a significantly larger income through crops, whereas farmers with tertiary education obtained more income through off-farm work, This study suggests that more attention must be paid to the actual use of labour and the improvement of the dairy output/cost ratio.

Household Formation and Income Inequality (가구구성과 소득 불평등)

  • Kim, Dae Il;Lee, Simon Sokbae;Whang, Yoon-Jae
    • Journal of Labour Economics
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    • v.37 no.3
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    • pp.1-44
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    • 2014
  • This paper investigates the effect of household formation on the mapping from wage inequality to income inequality, which usually is smaller than the former. Added workers, income pooling among household members, and shared consumption are the factors that make income distribution less inequal than wage distribution, and the effect of income pooling appears to be the greatest. This suggests than the increase in nuclear families and the resulting increase of old families have a potential effect of worsening income inequality at the absence of sufficient private income transfers among the two households. A simple counter-factual estimate indicates that income pooling among the children's and parents' households can efficiently and sizeably reduce income inequality.

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A Study of the Children′s Afher-School Life and the Mothers′ needs on the After-School Care Program; The Comparison of Low-Income Families with Middle -income in Masan/Changwon Area (초등학교 아동의 방과후 생활실태 및 방과후 아동지도에 대한 어머니의 요구 조사;마산과 창원 지역 저소득층과 중류층을 중심으로)

  • 권민균
    • Journal of the Korean Home Economics Association
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    • v.39 no.7
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    • pp.1-19
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    • 2001
  • The purpose of this study are (1) to examine the types and the after-school child care for children from low-income(106) and middle-income(99) families and (2) to examine the needs and expectations for after-school child care program of low-income(107) and middle-income(100) mothers. The findings of this study are as follows ; (1) The percentage of self-care among children from low-income families are higher than the children from middle-income families. The after-school activities mainly consist of arts, music, physical and computer lessons. (2) The needs on the after-school care program with non-profit basis which is managed by public welfare systems are higher among the low-income mothers than the middle-income mothers. Many mothers want professional, non-profit, systematic and formal after-school care programs. Some suggestions are proposed for after-school care program which can meet needs of the children and the mothers from diverse economic and social backgrounds.

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Family Stress and Family Strengths in Double-income Couples (맞벌이부부의 가족스트레스와 가족건강성)

  • Choi, Jeong-Hye
    • Journal of the Korean Home Economics Association
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    • v.44 no.6 s.220
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    • pp.47-58
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    • 2006
  • This research focused on the family stress and family strengths in double-income couples. The subjects of this study were 171 double-income couples, in the Kyeongnam Area, Korea. The major findings from the study are as follows. 1) The degree of family stress of the husband and wife in double-income couples was 2.90 and 2.97, respectively, on a scale of 0-5.0. The significant variables were economic level, self-esteem and marital satisfaction in double-income couples' husband, and having a housework-helper, job satisfaction, self-esteem and marital satisfaction in double-income couples' wife. 2) The degree of family strengths of the husband and wife in double-income couples was 3.84 and 3.82, respectively, on a scale of 0-5.0. The significant variables were job satisfaction, self-esteem and marital satisfaction in double-income couples' husband, and the educational level, job type, self-esteem and marital satisfaction in double-income couples' wife. 3) There was a close inverse correlation between the lamely stress and family strengths in the husband and wife of double-income couples.