Journal of Families and Better Life (가정과삶의질연구)

Korean Home Management Association (가정과삶의질학회)
권호 표지

Financial Performance according to the Types of Financial Strategy in Elderly Households

노인가계의 재무전략유형별 재무성과

  • 박진영 (경성대학교 생활경영학과)
  • Published : 2007.06.29
Download PDF
⟨ Previous Next ⟩

Abstract

The purpose of this study was to classify the financial strategies and investigate major determinants of the financial performance in elderly households. This study used the data of 4,577households with all ages and 1,255 elderly households were from the Korean Labor and Income Panel Study(2000, 2003). The data were analyzed by various statistical methods such as frequency, mean-test, Duncan's multiple range test, k-mean cluster analysis and regression. The major findings were as follows: First, the classified household financial strategy types were Residual(44.3%), Financial Assets(24.0%), Informal Institutional(19.7%), Diversified Portfolio(7.6%), Real Estate(4.5%). Second, the criteria of classification of the financial strategies were relative, not absolute. Third, elderly households that employed a financial assets had the greatest financial performance (62,320,000 won net gain). Households with all ages that employed a diversified portfolio strategy had the greatest financial performance (98,360,000 won net gain). Forth, the determinants of the financial performance were significantly different according to the types of financial strategy.

Keywords

References

  1. 김경자.박명숙.정운영(2002). 가계 재무상태와 재무관리행동 성과에 따른 재무만족도. 한국가정관리학회지,20(2), 21-28
  2. 김순미(1993). 도시가계의 재정 상태 재무관리 및 재정적 만족의 관계 분석: 체계론의 적용가능성 검토. 대한가정학회지,11(2),195-207
  3. 김순미(2004). 봉급생활자의 은퇴설계 : 노인 부양으로서 유료 노인시설 선호 및 요구도. 대한가정학회지,42(5),175-192
  4. 김숙이(1988). 도시가계의 경제적 만족에 관한 연구. 이화여자 대학교 대학원 석사학위논문
  5. 김연정(1998) 은퇴노인가계와 취업노인가계의 소득,지출 및 자산의 비교분석. 대한가정학회지, 36(7), 57-67
  6. 김익기(1999). 한국노인의 삶-진단과 전망-. 미래인력연구센터
  7. 문숙재.김순미.김연정(1996). 노인가계와 비노인가계의 재정 상태 비교분석. 한국가정관리학회지,14(3),223-235
  8. 문숙재.여윤경(2001). 예비노인의 은퇴와 경제적 복지의 예측,소비자학연구,12(1),115-131
  9. 박경희.채수아(2002). 고객만족도와 재무성과간의 관계에 대한 연구: 산업의 경쟁정도를 중심으로. 경영논총,20(2),23-55
  10. 박근주(1999). 자산과 부채 포트폴리오에 근거한 가계재무 전략의 유형화. 서울대학교 대학원 박사학위논문
  11. 박정식(1993). 현대재무관리. 서울: 다산출판사
  12. 성영애(1994). 미국 은퇴가계의 경제적 복지에 관한 연구. 대한 가정학회지,32(4),31-43
  13. 성영애.양세정(1997). 노인가계와 비노인가계의 소비지출구조 및 관련요인의 비교분석. 대한가정학회지,35(5),103-117
  14. 손상희 (2000). 소비자재무 및 복지 연구의 성과와 과제. 소비자학연구,11(2),103-121
  15. 양세정.성영애(2001). 노인가계의 경제구조 분석. 한국가정 관리학회지,19(1),173-190
  16. 이용숙(1993) 우리집 재테크. 일터와 사람
  17. 이은희.최현자(1998). 가정생활주기에 따른 소비자포트폴리오 분석. 한국가정관리학회지,16(3),111-122
  18. 이종혜(1993). 도시가계의 경제적 안정도와 재정만족도. 서울 대학교 대학원 석사학위논문
  19. 이형순(1986). 신거시경제론. 서울.박영사
  20. 인진수(1998). 기업의 환경과 전략이 재무성과에 미치는 영향에 관한 연구. 생산성논집,12(2),365-389
  21. 정순희.김현정(2002). 소득, 지출 및 자산 충분성 분석을 통한 취업노인가계와 비취업노인가계의 재정상태 비교. 한국 가정관리학회지,20(2),113-122
  22. 정운영.황덕순.홍은실(2002). 재무관리행동에 관한 선행연구 고찰. 한국가정관리학회지,20(1),125-138
  23. 최만기(1994). 기업의 전략유형I 문화유형 및 재무성과에 관한 실증연구. 경영학연구,24(특별호). 1-40
  24. 통계청(2005). 동읍면/5세 별 주민등록인구. www.nso.go.kr
  25. 한국경제신문(2000). 고령 사회 본격 대비를. 2000. 7. 11
  26. 황덕순.정운영(2001). 재무태도와 재무 의사소통이 재무 만족도에 미치는 영향력. 대한가정학회지,39(8),121-135
  27. Bodie,Z,Kane,A & Marcus,A J.(1995). Essentials of investments.(2nd ed.). Homewood. IL: Irwin
  28. Crystal,S. & Shea,0.(1990). The economic well-being of the elderly. Review of Income and Wealth,36(3),227-247 https://doi.org/10.1111/j.1475-4991.1990.tb00302.x
  29. Daft,R. L.(1997). Management. 4th ed. N.Y.: Dryden Press
  30. Danes,S. M. & Morris,E. W.(1989). The factors affecting a family's plan to change its financial situation. Lifestyles: Family & Economics Issues,10(3),205-215 https://doi.org/10.1007/BF00989507
  31. Danes,S. M. & Rettig,K D.(1993). The role of perception in the intention to change the family financial situation. Journal of Family & Economics Issues,14(4),365-387 https://doi.org/10.1007/BF01013985
  32. Fisher,1.(1930). The theory of interest. London : MacMillan
  33. Grad,S.(1990). Income changes at retirement. Social Security Bulletin,53(1),2-10
  34. Gunnarsson,J. & Wahlund,R(1994). Household financial strategies : They do exist? Paper Presented at the IAREP/SABE Conference,Rotterdam,July,10-13
  35. Heck,R 2.(1983). A Preliminary test of family management research model. Journal of Consumer Studies and Home Economics,7,117-135 https://doi.org/10.1111/j.1470-6431.1983.tb00618.x
  36. Hira,T. K(1987). Satisfaction with money management: Practices among dual-earner households. Journal of Home Economics, summer,19-22
  37. Hira,T. K(1997). Financial attitudes,beliefs and behaviors: Differences by age. Journal of Consumer Studies and Home Economics,21,271-290 https://doi.org/10.1111/j.1470-6431.1997.tb00288.x
  38. Hurd, M. D.(1987). Saving of the elderly and desired bequests. American Economic Review,77(3),298-312
  39. Hurd,M D.(1990). Research on the elderly: Economic status,retirement,and consumption and saving. Journal of Economic Literature,28,565-638
  40. Hurd,M. D. & Shoven,J. B.(1983). The economics of the elderly,financial aspects of the united states pension system. Chicago: The University of Chicago Press
  41. Katona,G.(1975). Psychological economics. N.Y.: Elsevier
  42. Matatko,J. & Stafford,D.(1985). Key developments in personal finance. Oxford and N.Y.: Basil Blackell Inc
  43. Moehrle,T.(1990). Expenditure patterns of the elderly: Workers and nonworkers. Monthly Labor Review,113(5),34-41
  44. Nieswiadomy,M & Rubin,R M(1995). Olange in expenditure pattern of retirees: 1972-1973 and 1986-1987. Journal of Gerontology,50B(5),S274-S290
  45. Parrotta,J. 1. & Johnson,P. J.(1998). The impact of financial attitudes and knowledge on financial managerrent and satisfaction of recently married individuals. Financial Counselling and Planning,9(2),59-74
  46. Schulz,J.(1988). The economics of aging(4th ed.),Mass: Auburn house publishing Company
  47. Shefrin,H. M & Thaler,R H.(1988). The Behavioral Life-Cycle Hypothesis. Economic enquiry,26,609-643 https://doi.org/10.1111/j.1465-7295.1988.tb01520.x
  48. Titus,P,M.,Fanslow,Q. M. & Hira,R. K.(1989). Net worth and financial satisfaction as a function of household money managers' competencies. Home Economics Research Journal,17(4),309-317 https://doi.org/10.1177/1077727X8901700404
  49. Wahlund,R & Gunnarsson,J.(1996). Mental discounting and financial strategies. Journal Economic Psychology,17,709-730 https://doi.org/10.1016/S0167-4870(96)00041-4
  50. Wahlund,R. & Gunnarsson,J.(1997). Household financial strategies in Sweden : An exploratory study. Journal of Economic Psychology,18,201-233 https://doi.org/10.1016/S0167-4870(97)00005-6
  51. Weagley,R O. & Gannon C F.(1991). Investor portfolio allocation. Financial Counselling and Planning,2,131-154