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A Structural Model of Baby Boomers' Capital Dynamics and Quality of Life: Moderated by Birth Cohort

베이비부머의 자본역동과 삶의 질의 구조모형: 출생코호트의 조절효과

  • Shin, Hak-Gene (Dept. of Social Welfare & Counseling, Jeonju Kijeon College)
  • 신학진 (전주기전대학교 사회복지상담과)
  • Received : 2019.05.28
  • Accepted : 2019.08.20
  • Published : 2019.08.28

Abstract

This study examined diverse capital dynamics and the effect of the dynamics on the quality of life of Korean baby boomers living in Jeonju. Also this study investigated the moderating effect of birth cohort. A structural equation modeling conducted with 303 baby boomers for verification. The results are as follows: First, the human capital of baby boomer directly or indirectly affected psychological, economic, social capital, and quality of life. Second, economic capital directly or indirectly affected psychological, social capital, and quality of life. Third, psychological capital directly or indirectly affected social capital and quality of life. Fourth, social capital affected the quality of life. Fifth, the birth cohort moderated the impacts of economic capital on psychological capital and quality of life. The results provided an understanding of the quality of life of baby boomer and the direction of intervention.

Keywords

Baby boomer;Capital dynamics;Quality of life;Birth cohort;SEM

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