가정과삶의질연구 (Journal of Families and Better Life)

  • 제32권5호
  • /
  • Pages.125-143
  • /
  • 2014
  • /
  • 2765-1932(pISSN)
  • /
  • 2765-2432(eISSN)
가정과삶의질학회 (Korean Home Management Association)
권호 표지
DOI QR코드

DOI QR Code

소득계층별 적자가계의 소비 지출 분석: 2000, 2005, 2010년의 가계를 대상으로

Analysis of Household Income and Expenditure of Households with a Negative Cash Flow Across Income Groups in 2000, 2005, and 2010

  • Lee, Jonghee (Department of Home Economics Education, Korea University) ;
  • Yang, Sejeong (Department of Consumer & Housing Studies, Sangmyung University)
  • 투고 : 2014.07.15
  • 심사 : 2014.10.07
  • 발행 : 2014.10.31
PDF 다운로드
⟨ 이전 논문 다음 논문 ⟩

초록

The purpose of this study was to gain a better understanding of households with a negative cash flow. The Household Budget Survey conducted in 2000, 2005, and 2010 by the Bureau of Statistics in South Korea were used for this study. The households used in this study were divided into four groups according to their income levels; they were categorized the lowest, low, middle, and high income groups. This study made several findings regarding households with a negative/positive cash flow. Firstly, the demographic and economic characteristics were different between those who have a negative cash flow and those with a positive cash flow. A female household head, a household head age 65 and older, a household head with a lower educational attainment, an unemployed household head, and the presence of a child/children in schools were related with the household deficit. Secondly, the households with a positive cash flow had a higher income level compared to the households with a negative cash flow, while the households with a negative cash flow had a much higher consumption level compared to the households with a positive cash flow. Thirdly, the household deficit to total income ratio of the lowest income group was higher when compared to any other income group. Lastly, the multivariate statistics showed that households including a child/children in schools are more likely to be a household with a negative cash flow. Especially, the expenditures on education and transportation were related with the likelihood of a household deficit.

키워드

참고문헌

  1. Ando, A., & Modigliani, F. (1963). The life-cycle hypothesis of saving. American Economic Review, 53(1), 55-74.
  2. Bank of Korea (2013). Analyses of financial trends of deficit households. Retrieved from http://dl.bok.or.kr/search/DetailView.ax?sid=15&cid=500344.
  3. Bae, M., Hanna, S., & Lindamood, S. (1993). Pattern of overspending in U.S. household. Financial Counseling and Planning, 4, 11-30.
  4. Breen, R. (1996). Regression models: Censored, sample-selected, or truncated data. California: Sage Publications, Inc.
  5. Brewer, M., Goodman, A., & Leicester, A. (2006). Household spending in Britain. What can it teach us about poverty? London: Institute for Fiscal Studies.
  6. Chang, Y. R. (1994). Saving behavior of U.S. households in the 1980s: Results from the 1983 and 1986 Survey of Consumer Finance. Financial Counseling and Planning, 5, 1-21.
  7. Cho, I. (2005). SAS lecture and statistic consulting. Yongjin.com.
  8. Choi, H. (1996). The determinants of incurring new household debt and effects of household debt on household spending. Family and Environment Research, 34(3), 59-73.
  9. Choi, H. (2000). Several suggestions on the urban household survey by the bureau of statistics. The Korean Association for Survey Research, 2(1), 129-143.
  10. Chosun Newspaper (2013, August 19). The middle class with a negative cash flow increased to up to 1,250,000. Retrived from http://biz.chosun.com/site/data/html_dir/2013/08/19/2013081900201.html?newsstand_news1.
  11. Davis, E., & Carr, R. (1992). Budgeting practices over the life cycle. Financial Counseling and Planning, 3, 3-16.
  12. Fan, X., Chang, Y., & Hanna, S. (1992). Optimal credit use with uncertain income. Financial Counseling and Planning, 3, 125-133.
  13. Greene, W. H. (2000). Econometric analysis(5th ed.). New Jersey: Prentice-Hall, Inc.
  14. Hankyoreh Newspaper (2012, June 13). We do not need to worry about the foreign currency firewall? Daunting household debt. Retrieved from http://www.hani.co.kr/arti/economy/economy_general/537654.html.
  15. Hanna, S. (1995). Optimal life cycle savings. Financial Counseling and Planning Education, 6, 1-15.
  16. Heckman, J. J. (1979). Sample selection bias as a specification error. Econometrica, 47(1), 153-161. https://doi.org/10.2307/1912352
  17. Jayathirtha, C., & Fox, J. (1996). Home ownership and the decision to overspend. Financial Counseling and Planning Education 7, 97-106.
  18. Jeon, S., & Im, B. (2008). Analysis on household asset and debt since 2000. Public Finance Review, 1(2), 133-162.
  19. Jeong, S., & Hwang, S. (2013). Analysis on household income and expenditure of deficit households. Trend Report by Bank of Korea. Retrieved from http://dl.bok.or.kr/search/DetailView.ax?sid=15&cid=500344
  20. Jeong, Y. (2006). Empirical analyses on the determinants of household debt: Focusing on macro economic variables. Journal of Industrial Economics and Business, 19(6), 2483-2504.
  21. Korean Financial Magazine (2012, January 18). Era of households with 1,000 billion debt. Retrieved from http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=001&oid=050&aid=000002332
  22. Kyounghang Newspaper (2013, August 12). Deficit and surplus households. :Car ownership and education were related with deficit and surplus households. Retrieved from http://bizn.khan.co.kr/khan_art_view.html?artid=201308122208335&code=920301&med=khan
  23. Lee, S. (2005). Analyses on overspending and financial structure of households with debt: Focusing on the seriousness of overspending and household debt. Journal of Consumer Studies, 16(1), 73-95.
  24. Lee, S., & Sung, Y. (2007). The characteristics and types of spending of deficit households with debt. Family and Environment Research, 45(10), 45-57.
  25. Magrabi, F. M., Chung, Y., Cha, S., & Yang, S. (1991). The economics of household consumption. New York: Praeger Publishers.
  26. Meyer, B.D., & Sullivan, J. X. (2003): Measuring the well-being of the poor using income and consumption. NBER Working Paper no. 9760. Cambridge.
  27. Ministry of Strategy and Finance (2014). Increase in household income and expenditure. Retrieved from http://www.mosf.go.kr/news/news01.jsp?actionType=view&runno=4090770
  28. Moon, S., Kim, S., & Yang, J. (1996). The factors of household debt incurring and the amount of household debt. Journal of Korean Home Management Association, 14(2), 157-169.
  29. Park, D. (2009). Household financial structure. Consumer Monthly. March.
  30. Park, J. (2007). The consumption trend of the lowest income group in Korea and Japan. Financial Brief, 16(12), 8-9.
  31. Park, M., Lee, S., & Bae, M. (1996). The determinants of urban employees' overspending and financial ratios. Family and Environment Research, 34(5), 209-222.
  32. Seoul Finance (2013, August 12). Deficit households increased living expenditures to pay off the debt. Retrieved from http://economy.hankooki.com/lpage/opinion/201308/e2013081217442148010.htm
  33. Seoul Finance (2014, July 4). Filing for a bankruptcy can allow people to get out of the unbearable debt and debt collection. Retrieved from http://economy.hankooki.com/lpage/society/201407/e2014070412023193760.htm
  34. Sim, Y. (1993). The effects of household debt on the spending pattern. Journal of Consumer Studies, 4(2), 29-49.
  35. Sung, Y. (2006). The study on the determinants of household debt by using a panel data. Journal of Consumer Studies, 17(4), 39-60.
  36. Won, J. (2003). The financial condition of households with a negative and positive cash flow after the economic crisis. Health Welfare Policy Forum, November.
  37. Yang, S. (2010). The characteristics of deficit household and the analysis of financial structures. The Journal of Korean Family Resource Management Association, 14(1), 135-159.