• 사회경제평론
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• no.38
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• pp.199-240
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• 2012

According to the Post Keynesian endogenous money theory, money is created by the bank deposit which is dependent on the banks' supply of loan. And the demand for loans is dependent on investment by firms. In the money creating process, real value(or investment) and money are connected with banks' credit. In this paper, we investigated Keynes and Post Keynesian endogenous money theory with critical reviews of Hwang (2005). We came to three conclusions. First, Post Keynesian endogenous money theory is based on Keynes' theory. Second, Keynes' endogeneity of money is essentially different from that of Wicksellian. Third, focusing on the differences of the starting point of the arguments not on the conclusions, two Post Keynesian views, namely horizontalists and structuralists are compatible with liquidity preference theory in the Keynes' system.

• Journal of Distribution Science
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• v.14 no.4
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• pp.111-116
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• 2016

Purpose - A lot of preceeding studies have focused on the pains that might be felt in spending money, that is an important role in getting psychological safety. Money and social resources can be all for consumers, and they are likely to form a substituting relationship with one another. Being motivated by the idea that spending money for others can come with joy if one's objective is accomplished by social support, this paper aimed to explore the mediating role of the perceived money importance and gratitude in the relationship between social support and pleasure in spending for other-gift. Research Design, Data, and Methodology - In this empirical study, the experimental group is expected to receive social support while the control group is composed of those who are usually indulged in reminiscences of their sweethearts. From the college students, 160 experiment participants were selected and 80 participants of them were assigned to control group as well as to experimental group respectively at random. Empirical study for each of the two groups was performed respectively by means of questionnaire survey. Experimental group data and control group data were combined together to be used for testing hypotheses. Linear structural equation model in Amos was used to verify the hypotheses, and Bootstrap was also used to examine whether there were the mediating roles of the perceived money importance and gratitude or not. Results - From the empirical study, following conclusions could be drawn: First, social support of others makes one perceive the importance of money less; Second, social support of others makes one perceive gratitude to others; Third, less perceived importance of money and gratitude to others can make one feel pleasure in spending for other-gift; and Fourth, less perceived importance of money and gratitude to others can partially mediate the effect of social support from others on the pleasure in spending for other-gift. Conclusions - The outcomes of this study might offer theoretic and managerial implications as follow: Even though many hitherto studies have asserted that spending money usually comes with pains, this study discovered that social support might reduce perceived the importance of money but make others feel gratitude and, thus, one would feel joy in spending money to buy gift for others, and made a contribution to the progress of the theory of pleasure in spending for other-gift. This paper also made contributions toward the development of emotion marketing theory by showing that the effect of social support on the pleasure in spending for other-gift could be partially mediated by the perceived the importance of money and gratitude to others. Based on the above conclusions, it may be affirmed that marketers should help consumers perceive the importance of money less, and help feel gratitude to others by pointing up the support of others to consumers in an attempt to accelerate spending for other-gift.

• Journal of Korean Home Economics Education Association
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• v.22 no.1
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• pp.79-96
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• 2010

The purpose of this study was to examine the money spending styles and the money management behaviors according to family strengths of adolescents. The subjects were 914 high school students. To examine research questions, Cronbach'$\alpha$, t-test, one-way ANOVA, and Duncan test were used. The research results can be summarized as follows. The family strengths scores of adolescents was generally moderate, 3,36 points. The money spending styles consist of the stable style, conspicuous style, and indifferent style. The average of indifferent style was 3.33 points, stable style was 3.01 points and conspicuous style was 2.91 points. The money management behaviors consist of the planning, implementing, evaluating, and saving. The average of the planning was 2.81 points, implementing was 2.87 points, evaluating was 2.90 points, saving was 2.50 points. The family strengths statistically significant differences in the money spending styles and the money management behaviors were detected. The family strengths was very important variable in the money attitude and behavior of adolescent.

• Journal of Korea Game Society
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• v.7 no.2
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• pp.61-72
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• 2007

Prohibition Clauses of Business of Money Changing(${\S}32(1)7$) on the Game Industry Promotion Act of 2007 was introduced for the purpose of preventing game from becoming gambling. By making the independent requisite of constituting a crime that there was no criminal punishment former times, it is possible actively to deal with mixing of game and gambling. Prohibition Clauses of Business of Money Changing prevent the material or formless results that are obtained on the use of game from making a business of money change, intermediation of money change, or re-purchase of it. The material or formless results mean points, prizes, game moneys, or game data that is obtained on the abnormal use of a game. Most real money trade of a game item will be pull into the application of Prohibition Clauses of Business of Money Changing on the interpretation of it. Therefore this clauses have a tremendous effect upon the business of sweated workshops and intermediation web sites of game items. None the less Prohibition Clauses of Business of Money Changing will have positive influence to the future of game industry through the separation of game and gambling.

• International Area Studies Review
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• v.15 no.1
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• pp.219-240
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• 2011

The main purpose of this study is to analyze the effects of stock price and real estate price on the money demand. We investigated the demand for money for 25 money units of 10 countries. To estimate the money demand functions, Johansen's cointegration and ARDL-bounds test were employed. Additionally, Stock and Watson's DOLS method was applied to estimate long-run cointegration vectors. According to the results of cointegration test, stock price and real estate price are crucial in the long-run equilibrium relationship. There were no cointegration relationships among money demand, real income, interest rate, and exchange rate in 12 money unit models. However, by including stock price and real estate price on the tested models, we could find strong cointegration relationships, using ARDL-bounds test. The results of DOLS confirm that stock price and real estate price are effective factors influencing on money demands. Especially, the coefficient of real estate price is statistically significant in the 19 out of 20 money unit models. However, the direction and magnitude of coefficients of asset prices are different across countries and money units.

• Journal of Families and Better Life
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• v.19 no.1
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• pp.111-129
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• 2001

This study was performed to develope a money management education program for elementary school students graded from 3 to 6 in order to enhance their money management skill. Based on the developmental stages of the children, this program covered five financial issues such as value of money, financial planning, allowance planning, saving and investment, and consuming and purchasing. Total 15 specific education programs were developed. The contents included in each program were value of money & economic circulation, types of money and the importance of money management, the issues related on choice and resource use, long-term and short-term planning, the relationship between occupation and earnings, career planning, budgeting, the reasons and types of saving, understanding of interest, investment methods, the functions of market and trade, intra family income distribution, consumptions, and consumer decision making process.

• Journal of the Korean Home Economics Association
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• v.40 no.3
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• pp.165-175
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• 2002

The purpose of this study is to compare the attitudes toward money and credit between housewives and female cortege students. Female college students were younger and economically dependent. Female college students(n=131) and housewives(n=96) were surveyed for the study. Results of the study were: 1) Housewives perceive money as a security, Female students did money as the emotional tool and the success. 2) Housewives tended to be more negative to use credit generally and more positive under the certain condition compared with female students. 3) Affective style of money attitudes among female students and cognitive style among housewives were more popular 4) Negative type of credit altitudes were more popular among both groups. 5) Negative type of credit attitudes were more poplar in cognitive style of money altitudes and tolerated type were more popular in affective style.

• Journal of Korean Home Economics Education Association
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• v.13 no.2
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• pp.37-46
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• 2001

The purpose of this study was to examine the influences of 4-value orientations. the 5 money spending styles. and the background variables to the desired money management behavior of high school girls. The samples were selected from 498 high school girls. Cronbach'a and Multiple regression were used as statistical analysis. The results were summarized as follows : Resulting from multiple regression analysis, the desired money management behavior of high school girls had the positive linear relationships with the variables such as financial satisfaction. goal-oriented value. and 4 money spending styles - security. conspicuous. non-monetary. and unconcerned - in five money spending styles. The most influential variable was money spending styles.

• The Journal of the Korea Contents Association
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• v.15 no.11
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• pp.410-421
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• 2015

The purpose of this study is to review the contents of the legislation(2015.5.12.) for shop key money concretely and to find an effective way in making an improvement of practical protection in the process of tenant's shop key money collection. From this point of view, this study tries to make some legislative suggestions as follows. First of all, the code of conflicting definition between 'shop key money' and 'shop key money contract' in the amended Commercial Building Lease Protection Act need to be harmonized with each other because they are likely to face potential problems in the protection of tenant's shop key money collction as well as risks for confusion. In the second place, it requires to strengthen the protection of tenant's shop key money collection by approval of direct opposing power of shop key money itself on condition that it satisfies a certain prerequisites. In addition, the ambiguous codes related to the landlord's disturbance should be distinctly arranged and the distribution principle of demonstration about landlord's disturbance on tenant's shop key money collection also should be made clear. Finally, the standard level of shop key money by region, business district, and category of business should be set and announced by Ministry of Land and Transport.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.3
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• pp.163-172
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• 2019

The paper aims to investigate the impact of the gap between domestic and international gold price on money demand in Vietnam, an emerging economy in the Asian region. We use a quarterly database collected from the first quarter of 2004 to the fourth quarter of 2016. The time-series database includes 52 observations. The money demand is represented by M2; Domestic income is the Gross domestic product at the constant prices of 1994; Inflation rate is calculated by the Customer Price Index from the General Statistics Office of Vietnam. The result confirms the existence of a long-term cointegration relationship between the money demand and the gap between domestic and international gold price as well as some variables including domestic income, inflation, and real exchange rate. The regression results also show that the gap between domestic and international gold price has a positive impact on money demand in the Vietnamese economy. Besides, the domestic income and international gold price have positive impacts on money demand while the inflation and real exchange rate are negatively related in the long run. This proves that the gap between the domestic and international gold price really has a positive impact on money demand in Vietnam during the study period.