• Journal of the Korean housing association
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• v.26 no.1
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• pp.109-118
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• 2015

The purpose of this research is to examine generational distinctions of housing investment and household wealth for two different age cohorts - 'baby-boomers' and 'eco-boomers'. In so doing, national survey data of two different periods were analyzed and the primary results are summarized as follows; aggregate assets of both generations have risen, and the rising household debt for baby-boomers was related to loans for living expenses while eco-boomer's debt was ascribed to home-buying loans. In the midst of economic slowdown, the age cohorts had conservative asset allocation in preference for risk-averting investment like savings. The main purpose of saving and investment was distinctive across the groups? retirement for baby-boomers and home purchase for eco-boomers. Both groups prioritized reduction of household liabilities and also were cautious on investing in real estate. Still home-buying was considered to be an important driver for asset accumulation. While baby-boomers were unwilling to dispose any form of owned real estate, eco-boomers found it challenging to take on a long-term investment like home-buying, especially in economic uncertainties. Rather the young generation would diversify asset allocation with better-returning investment commodities like stocks, bonds and derivatives.

• Journal of Convergence for Information Technology
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• v.11 no.9
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• pp.201-207
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• 2021

This study investigated the effects of self-esteem on the depression of baby boomer and eco-boomer generation (the children of baby boomers) living alone. It was identified from the point of view of comparison between the two groups. Using the 15th data of the 2020 Korea Welfare Panel, an independent sample t-test and hierarchical regression analysis were conducted with the data of baby boomers who live alone (born in 1955-1963) and eco-boomers who live alone (born in 1979-1992). The results of this study show that baby boomers who live alone had lower levels of education, income, and health condition than the eco-boomers who live alone, and had higher level of depression, but relatively lower level of self-esteem. In both groups, self-esteem had an effect on depression, but it was confirmed that the influence was greater in the group of baby boomers (Adjusted R2 .259) than in eco-boomers (Adjusted R2 .083). Based on the results of this study, practical and policy alternatives were suggested to prevent the depression among middle-aged, elderly people, and young adults who live alone.

• Journal of Digital Convergence
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• v.15 no.2
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• pp.405-409
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• 2017

The purpose of this study is to obtain basic data to be used in social welfare intervention for relieving psychological burdens caused by job stress in the eco-boomer generation that will be the center of Korean society in future, by estimating job stress change trajectories of the eco-boomer generation in the convergence era, figuring out predicting factors and examining job stress factors that individuals experience, in accordance with the degree of job stress and the changes. This is a longitudinal study using secondary data and for analysis, the Latent Growth Model(LGM) was applied to the 1st year to the 7th year Korean Welfare Panel Data. Self-esteem was one of job stress predicting factors of the eco-boomer generation. Since most of eco-boomers were students in the early measurement period, the level of job stress was low, but over time, the burden of job increased by gradation. This study has significance by providing an empirical basis for predicting factors of job stress changes of the eco-boomer generation to understand job stress in the eco-boomer generation.

• Journal of Korean Home Economics Education Association
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• v.25 no.4
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• pp.99-111
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• 2013

The purpose of the present study was to examine the causal effects of the family health of baby boomer parents as a determinant of marital preparation skills of eco-boomer children. Subjects in this study consisted of 475 students born before 1992, and whose parents were born from 1955 to 1963. The programs of SPSSWIN 18.0 and LISREL 8.51 were used for data analysis. The result of this study showed that the financial management skills of saving and consumption were the lowest of marital preparation skills of echo-boomer generation. Besides, baby boomer parents' family health perceived by their children was found to be the determinant of the marital preparation skills of eco-boomers. Particularly, the effect of family health was shown to be high on parental role skill, conflict resolution skill, and parenting preparation skill of marital preparation skills, whereas it was revealed to be relatively low on financial management skill. Findings of this study can be used in developing educational programs of marital preparation skills for eco-boomers.

• Journal of Family Resource Management and Policy Review
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• v.22 no.4
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• pp.1-15
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• 2018

The purposes of this study is to analyze the leisure behaviors of single households in Korea on the basis of generation, and identify leisure characteristics or factors that influence levels of happiness in these households. The sample comprised 1,144 single householders, among whom 74 belong to the teenage generation, 288 are of the eco generation, 154 belong to generation X, 104 are baby boomers, and 524 are of the older generation. Various leisure characteristics were compared across the generations, namely, conditions for leisure, degree of leisure participation, level of work-leisure balance, persistence of participation, and type of activity. Results showed differences in leisure characteristics and leisure factors that influence levels of happiness among the generations.