• Journal of Families and Better Life
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• v.26 no.6
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• pp.143-158
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• 2008

The purpose of the study was to investigate the wife and husband role division in household financial management between dual-income household and single-income household. Household financial management included the following five categories: financial planning, consumption/expenditure management, savings/investment management, risk management and credit management. Data for this research was collected through 610 married women living in Seoul, Korea. Using SAS-PC program, Chi-square and t-test Analyses were executed. The results showed that dual- and single-income households tend to have different perspectives on marital role division in household management. Wives of dual-income households had more significant roles in financial management rather than wives of single income households. Especially, wives of dual-income managed more active credit management and saving/investment management. On the other hand, wives of single-income households played a major role in making decision over cheap items than that of wives of dual-income household.

• Journal of the Korean housing association
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• v.23 no.2
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• pp.69-77
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• 2012

The purpose of this study was to explore housing cost burden of young single- or two-person households in the United States who have recently moved for job-related reasons. Total 580 households were selected from 2009 American Housing Survey public-use microdata for data analysis. The findings are as follows: (1) Targeted single-person households were characterized as younger households with higher educational attainment, lower household income, and greater proportion of renters, multifamily housing residents and households with housing cost burden than other households; (2) two-person households showed a higher income level and lower housing cost burden; (3) characteristics that showed significant influences on housing cost burden were household size, householder's age, gender, race and educational attainment, household income level and tenure type; and (4) a linear combination of household size, household income, whether or not a low-income household, residency in metropolitan area, and home structural type were found to be most efficient to predict a single- or two-person household's housing cost burden regardless of the household size.

• Journal of Family Resource Management and Policy Review
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• v.11 no.3
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• pp.45-65
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• 2007

The purpose of this study was to analyze the life satisfaction of a single household head. This study examined the life satisfaction level of the single household head and analyzed the contributing factors. Data for this study were from the 7th KLIPS (7th Korea Labor and Income Panel Study), and the sample. consisted of 241 single household heads (including 83 male household single heads and 158 female single household heads). The statistics used for the analysis were frequencies, percentile, means, standardization, ANOVA, and multiple regression. The results were as follows. First, 53% of the household heads were due to their spouses' death, 34% of the household heads were single due to divorce, and 13% were single for other reasons. The average age of a single household head was 51 years, and the average education level of a single household head was 9.7 years and 70% of the single household heads were employed. Approximately 46% of the single household heads lived in small-and medium-sized cities. Second, the level of satisfaction with income, leisure, and residence of the single household head was lower than the middle level (3.0 points), while the level of satisfaction with family relationships, relatives, and social relationships was higher than the middle level (3.0 points). Third, there were differences in the life satisfaction level of single household heads in accordance with the single household head's marriage status, residence, recognition of health status, and current financial situation. Finally, significant variables contributing to the life satisfaction level of the single household head were gender, educational level, residence, monthly total income, satisfaction level of leisure, and family relationships. The most influential variable was the residence.

• Journal of the Korean Regional Science Association
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• v.34 no.1
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• pp.49-60
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• 2018

The purpose of the study is to analyze the housing problems of single-person household in 20-35 age group. Using the survey of Household's Consumption in 2014, we estimated the housing demand function of young single-person household in Seoul. As a result, the coefficient of the permanent income for young single-person household housing was significantly lower than other groups and the housing demand was also lower than others. Since current income isn't come up to permanent income enough, the housing consumption of young single-person household shrinks. It implies the role of the housing financial market is less activated. That is, the difficulty of realization of permanent income and lack of housing finance are the main cause of the imbalance of housing demand of one young person. Therefore, it implies that in order to alleviate the housing problem of the young single-person household, a policy to balance the permanent income with the housing demand is needed.

• Journal of Family Resource Management and Policy Review
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• v.19 no.4
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• pp.95-120
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• 2015

This study aimed to investigate the levels of assets and income of male- and female-headed households. A series of analyses of data from the 2013 Korean Household Finance and Welfare Survey on the economic resources of single-parent households were conducted. One of the major findings was that in a comparison between male-headed households and female-headed households, the levels of assets and income in female-headed households were lower than those in male-headed households. The labor income in male households was almost two times higher than that in female households. Housing conditions with respect to male households were more secure and better than those in female households. The factors influencing the levels of economic resources in single-parent households varied in terms of the type of economic resources. Gender, employment status, family characteristics and household income were statistically significant factors with respect to the levels of assets in single-parent households. The level of household income was influenced by gender, education, employment status and the number of household members. The effect of employment status on housing conditions was significant.

• 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.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 Families and Better Life
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• v.20 no.5
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• pp.87-98
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• 2002

The purpose of this study is to investigate the effects of wife's employment status on the household expenditures of timesaving market substitutes for houseworks. Seven expenditure categories were considered such as food away from home, convenient/prepared food, housing care service, clothing care service, childcare, supplemental education, and domestic services. The data were taken from 1999 Family Expenditure Survey by National Statistical Office. The sample consisted of 29,963 households with 33.2% dual-income households. The average monthly expenditure for food away from home was 127,795 won for dual-income households, while 103.100 won for single-income households. The expenditure for childcare of dual-income households was over six times of single-income households'. Dual-income households spent over ten times of single-income households for domestic services. For most expenditure categories, households with wife working at white-color jobs spent more than other dual-income households. After being other household characteristics to be constant, wife's occupation had found to be related with the household expenditures for most market substitutes. For the expenditures on both food away from home and childcare, employed-wife households with any kind of jobs were found to have higher possibility to spend and to be spent more than non-employed-wife households. The households with wife employed at white-color jobs spent more on clothing care service and domestic services than the households with the not working. Employed-wife households had higher possibility to spend on supplemental education, but they did not spend more on the expenditure, compared to nonemployed-wife households.

• Journal of Families and Better Life
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• v.29 no.4
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• pp.125-145
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• 2011

The purposes of this study were to examine low-income households' financial statuses and the socio-economic characteristics of single-person and non-single person households according to the financial indexes used for evaluating financial security and growth status developed based on financial ratios. Using 2009 KLIPS(Korean Labor & Income Panel Survey) data collected by the Korean Labor Institute, the satisfaction levels from the indexes were analyzed and compared between the two household types. The results showed that 46.0% of single-person households were not satisfactory in terms of all financial growth indexes but were partially satisfactory in terms of all financial security indexes. These householders tended to be females and in the their 70s, who lived in Seoul or in a suburb of Seoul, Korea. They reported problems with a lack of financial growth possibilities. 47.0% of non-single person households were not satisfactory in terms of all financial growth indexes but were partially satisfactory in terms of all financial security indexes. These householders tended to be males in their 60s and 70s with no job who were living in Seoul or in a suburb of Seoul, Korea. They reported having low level of liquidity and high level of debt redemption. 42.6% of single-person households were not satisfactory in terms of both financial security and growth indexes partially. These householders tended to be females in their 20s or 70s who were living in rural areas. They reported problems related to an adverse balance between household income and expenditures and a large scale of debt. 43.1% of non-single households were not satisfactory in terms of both financial security and growth indexes partially. These householders tended to be males in their 60s or 70s and homeowners. They reported problem related to an adverse balance of household income and expenditures and high a level of housing expenditures and liquidity. The research findings have implication for policy makers considering financial support programs and welfare programs for low-income householders, considering the recent changes in households structures.

• Korean Journal of Community Nutrition
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• v.21 no.4
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• pp.321-331
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• 2016

Objectives: The purpose of this study was to examine the economic characteristics of single-person households and explain the effects of them on the food service industry. Methods: For this paper, I analysed the data related with single-person households and the food service industry in two surveys, Household Income and Expenditure Survey and Wholesale and Retail Trade Survey published by Statistics Korea from 2006 to 2015, with an empirical test performed utilizing these data. The indicators of the age of householders, disposable income per capita, and the rate of household of worker were compared between single and multi-person households. Furthermore, sales and the number of establishments in the food service industry were used as industry-variables, and disposable income, eating-out expenses and the rate of single-person households as the household-variables were used in a panel analysis. Results: The results showed that household incomes were lower, age of householder was higher, and the percentage of household of worker was lower in single-person households in contrast to multi-person households. According to the empirical analysis, eating-out expenses of single-person households, in comparison to multi-person households, has significantly positive effects on the growth of the food service industry. This means that the recent trend of increasing numbers of single-person households may help the growth of the food service industry. Conclusions: The growth in the rate of single-person households has been one of the most striking demographic shifts in recent decades. Their economic characteristics and the effects were analyzed to give the managers in the food service industry and the policy-makers useful information in dealing with this new trend. Moreover, in considering the fact that single-person households eat out more frequently than multi-person households, the food service business should develop the managerial strategies focused on acclimatizing to single-person households.