• Journal of Family Resource Management and Policy Review
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• v.18 no.3
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• pp.79-101
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• 2014

The main objective of this study is to explain the differences in intergenerational resource transfers among the middle-aged at various income levels. Analyses of data on financial resource transfers from the 2nd wave of the Korean Retirement and Income Study were conducted. The study sample consisted of 931 middle-aged individuals who had at least one living parent and one child. The data analysis methods were ${\chi}^2$ analysis, one-way analysis of variance(ANOVA), logistic regression analysis, and multiple regression analysis. Financial resource transfers are statistically significant factors explaining the preparation for later life and life satisfaction of middle-aged individuals. The empirical results reveal that the frequency of intergenerational financial transfers was significantly higher in high-income households than in middle- and low- income households. A comparison of high-, middle- and low-income households shows that financial resource transfers had a greater influence on the preparation for later life and life satisfaction of the middle-aged in middle-income households than in low- or high-income households. The level of life satisfaction was dependent upon to whom middle-aged individuals gave financial resources. In the middle-income group, the middle-aged who gave financial resources to their parents were more likely to have higher life satisfaction than those who did not. Receiving financial transfers from parents or children did not have a statistically significant impact on the life satisfaction of the middle-aged in any income-level group.

• Food Quality and Culture
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• v.1 no.1
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• pp.58-61
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• 2007

The purpose of this study was to develop an effective cost control model for university foodservice operations by analyzing student satisfaction, as well as foodservice income statements for operational characteristics. The specific objectives were to examine the satisfaction of students for various foodservice quality dimensions, to determine the financial activities performed in foodservice operations by operational type, to examine their income statement data, and lastly, to compare the student satisfaction for foodservice quality with the financial data of the income statements. A total of 545 students from one university answered a satisfaction survey. The one-year income statements of three union foodservices (self-operated, small-scale contracted, and large-scale contracted) at the same university were analyzed. The results showed that the self-operated union foodservice had lower student satisfaction scores and higher food and labor cost ratios. The small-scale contract management foodservice data indicated the highest student satisfaction scores and the lowest food and labor cost ratios. The large-scale contract management foodservice data showed medium scores when comparing the three union foodservice operations. Overall, by comparing the satisfaction scores and operational profits, the small-scale union foodservices showed the highest satisfaction scores and profit.

• Korean Journal of Child Studies
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• v.27 no.2
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• pp.15-37
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• 2006

In this investigation of child's psychological wellbeing and parental satisfaction with dual income family(DIF), subjects were 297 3rd and 5th grade elementary school students and their mothers. Results showed that boys and younger children were more satisfied with mother's working than girls and older children. Mothers' DIF satisfaction was dependent on gross family income, parents' occupations, working conditions of each parent, commuter marriage status, and length of time in DIF. Child's psychological wellbeing related positively to mother's parental satisfaction, and to mother's satisfaction with parental roles, parent-child relationships, spouse support and child support. Only sub factors of dilemmas in parental role related negatively to DIF status. Child's satisfaction with mother's roles, father's roles, and mother working influenced mother's parental role satisfaction.

• Korean Journal of Human Ecology
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• v.13 no.3
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• pp.441-451
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• 2004

This study categorized the households into four by the comparison of wives' and husbands' earned income, such as one with higher wives' income than husbands' in dual-earner households, with higher wives' income than husbands' in household with unemployed husbands, with lower wives' income than husbands' in dual-earner households, and with lower wives' income than husbands' in household with unemployed wives. This study compared and analyzed the objective and subjective economic well-being, and overall satisfaction of life in those households. Major results are below. First, the amount of expenditures, saving, debt were low in one-earner household with employed husbands, but average propensity to expenditure was high in those households. The amount of saving was low in one-earner households with unemployed husbands, but the average propensity to expenditure and debt were high, resulting in the low status of economic well-being. The amount of saving and monetary assets were high, but average propensity to expenditure and debt were low in households in which wives had higher income than husbands, resulting in the high status of economic well-being. Second, husbands' satisfaction for the level of family income was not different among four groups of households. Wives's satisfaction for those was the lowest when wives' income was higher than husbands', but the highest in households with unemployed wives. Wives' and husbands' expectations for the future economic well-being of the households were negative in households with unemployed husbands. On the other hand, the level of satisfaction of wives and husbands for their life was not different among four groups of households. Finally, four groups of households were discriminated by age of husbands, number of children, debt, and wives' expectation for the future economic well-being.

• Journal of the Korean Home Economics Association
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• v.8 no.1
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• pp.198-215
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• 1970

The basic purpose of this study is to explore the household economic effects on home administration. The major goals of home administration is to promote mental and physical welfare of the family members. In order to realize mental and physical welfare, the stability and satisfaction is needed. And to promote stability and satisfaction, the efficiency must be accomplished and the efforts is required. So the four variables to measure home administration situation are as follows. 1) The degree of the stability 2) The degree of the efficiency 3) The degree of the efforts 4) The degree of the satisfaction. The factor of Household economic level is the size of the family's money income. Although size of income is not the bases for either standard of living or Socioeconomic status, it is closely related to both. To solve this problem. Some hypotheses are specified as follows. Hypotheses I The degree of the stability is different among the groups by income level. The group which is high income level will be more stable than low income level. Hypothesis II The degree of the efficiencies different among the groups by income level. The group which is high income level will be more efficient than low income level. Hypothesis III The degree of the efforts is different among the groups by income level. The group which is high income level will more effort than low income level. Hypothesis IV The degree of the satisfaction is different among the groups by income level. The group which is high income level will feel more satisfaction than low income level. In order to test those hypotheses random selection of 190 subjects from the four girls high schools in Seoul was made, and the parents of the students reported their home administration situation. The results of this study show that; 1) the group which is high income level revealed more stability than low income level. The differences of each group are revealed very significant. 2) The differences of the degree of the efficiency among the groups are unsignificant. 3) the group which is high income level revealed more effort than low income level. The differences of each group are revealed significant. 4) The group which is high income level revealed more satisfaction than low income level. The differences of each group are particularly significant. So the conclusion can be drawn from this study. Every group by income level revealed significant differences in home administration. So the household economy greatly effects on home administration.

• Journal of Family Resource Management and Policy Review
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• v.24 no.2
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• pp.89-108
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• 2020

The purpose of this study was to analyze the factors influencing life satisfaction in widowhood among older females. Using the sixth Korean Retirement and Income Study (KReIS) supplementary survey data, a total sample of 1,471 women aged 65 or older whose spouse had died were selected, divided into 508 young-old (65-74), 745 middle-old (75-84), and 218 oldest-old (85+). Then, factors influencing the life satisfaction of these three groups were analyzed, based on a combination of perceived health and interpersonal satisfaction levels. It was found that among the young-old group, a higher level of subjective health perception indicated by monthly income and material support and interpersonal satisfaction linked to more frequent participation in community gathering combined for an overall higher level of life satisfaction. For the middle-old group, higher life satisfaction was provided by monthly income, informational support, and material support for subjective health perception and no diseases for interpersonal satisfaction. The oldest-old group with higher life satisfaction referred to monthly income for subjective health perception and no experience in donation activities for interpersonal satisfaction. Based on these findings, this study provides implications for policy and practice to improve the life satisfaction of elderly women who have experienced their spouse's death.

• Journal of the Korean housing association
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• v.26 no.6
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• pp.115-126
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• 2015

Using the 2013 Korea Housing Survey, this research analyzed factors influencing residential satisfaction of low-income households concerning the economic condition, satisfaction about interior and exterior environments in dwelling, recognition of housing welfare policy. The economic condition showed that if there are less living expenses and more ordinary income, it brought about more positive effects in the ownership of a detached house, row and multi-family house. Most variables about satisfaction with the interior environment in dwelling have a significant influence on a detached house, apartment, row and multi-family house. The following factors played a significant role: accessibility to commercial facilities, neighborhood relationship and natural environment in the satisfaction with the exterior environment in dwelling about most types. Specifically, from an institutional perspective of housing welfare policy, the effect of the housing expenses support and the intention about remodeling were factors influencing residential satisfaction in cheonsei and monthly rent, free of a detached house and free of an apartment. These results will utilize preliminary data to establish housing welfare policy for low-income households.

• 한국노년학
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• v.39 no.1
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• pp.169-188
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• 2019

In this study, the author utilizes longitudinal data of the recent 12 years to verify whether the absolute versus relative income of old age has a significant effect on their life satisfaction of life. The findings of this study show that there is a significant difference in life satisfaction of old age according to respondents' relative income of three reference groups based on their asset quintile and residental area and education. In the correlation analysis using the cross-sectional data, the absolute and relative income level was closely related to the life satisfaction. In the panel regression analysis using the 12 years longitudinal data from the Korea National Labour Panel dataset, the income level of counterparts in those reference groups appeared highly significant in determining the level of life satisfaction of the elderly. However, some demographic variables such as age and marital status did not have a statistically significant effect in the long-term perspective. The income of reference groups in terms of asset levels, education and region as well as their own past life satisfaction level had a significant effect on the elders' life satisfaction determination. These results suggest that the relative income hypothesis in terms of life satisfaction among the elderly is more valid than the previous absolute income hypothesis.

• Journal of the Korea Society of Computer and Information
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• v.26 no.6
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• pp.155-166
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• 2021

The purpose of this study is to investigate whether depression and social support have a multiple mediating effect in affecting the life satisfaction of the elderly with public and private transfer income. To this end, the 7th panel data (2017) among the data of the Korean Retirement & Income Study (KReLS) was used for analysis, and the analysis was conducted using structural equation modeling (SEM). As a result of the analysis, first, it was analyzed that the higher the public transfer income of the elderly, the lower the level of depression, the higher the social support, and the higher the satisfaction of life. Second, the partial mediating effect of depression was verified in the influence of the elderly's public transfer income and private transfer income on life satisfaction. Third, the partial mediating effect of social support was verified in the influence of the elderly's public transfer income and private transfer income on life satisfaction. Fourth, it was verified that the multiple mediating effects of depression and social support were significant in the effect of the elderly's public and private transfer income on life satisfaction. Based on the results of this analysis, policy proposals were made, such as revitalizing the Community Care program to strengthen the social support network of the elderly.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.12
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• pp.8957-8965
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• 2015

The degree of difficulty in low-income elderly people who living alone' life satisfaction is increased. The aim of this study is to find factors affecting the low-income elderly people who living alone' life satisfaction by examining the comparative influence of loneliness, family support, social support. For achieving this purpose, this study analyzed data of 300 low-income elderly people who living alone in Gyeonggi province. Findings of the study identified that the factors affecting the life satisfaction were health status, loneliness, family support, social support. Further, family support and social support had a significant influence on the low-income elderly people who living alone' life satisfaction even after controlling the influences of other factors. On the basis of the results, practical suggestions to increase the life satisfaction of low-income elderly people who living alone were discussed.