• Title/Summary/Keyword: Household income

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Analysis of the Effects of Householder's Occupation and Age on the Financial Structures (가구주 직업에 따른 연령별 가계재무구조의 분석)

  • 성영애
    • Journal of the Korean Home Economics Association
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    • v.41 no.1
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    • pp.39-58
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    • 2003
  • This study investigated the effects of the householder's age as a proxy for the family life cycle stage variable and the householder's occupation on the household financial structures. Household financial structures are analyzed by the components of two financial statements(the income and expense statement and the balance sheet statement) and selected financial ratios. The data came from the 1998 Korean Household Panel Study. It was found that the age profiles of household finances such as household income, expenditure, savings and consumption rate, financial assets, real assets and home ownership, debt and net worth usually vary according the householder's occupation. The ratios of debt repayment and the liquidity ratios also vary in part as age changes for each occupational group.

A Study on the Economic Distress and the Financial Management Behavior of the Household Financial Managers (가계재무관리자의 경제적 불안과 재무관리행동에 관한 연구)

  • Kim, Me-Lean;Hong, Eun-Sil
    • Journal of Families and Better Life
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    • v.28 no.5
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    • pp.113-129
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    • 2010
  • This study explored the level and general propensity of the economic distress and the financial management behavior of household financial managers and analyzes the effects of economic distress and the sub dimensions to financial management behaviors. The research results can be summarized as follows. 1. The overall level of economic distress of household financial managers was middle-levels and the financial management behavior were slightly higher than mid-point. 2. Regarding the household variables on the economic distress of household financial managers, education levels and occupations of husbands, monthly income, financial knowledge were the variables that had a significant negative effect on the economic distress. That is, higher education levels of husbands, husbands with management-level/professional-level career, higher monthly income, and higher level of financial knowledge generated lower economic distress. 3. Regarding the household variables and the economic distress on the financial management behavior, monthly income, and financial knowledge were the variables that had a significant positive effect on the financial management behavior. On the contrary, income-asset distress was negative variable. Thus, higher monthly income, higher level of financial knowledge, and lower level of economic distress generated higher financial management behavior. Statistically significant differences were detected in financial management behavior sub dimensions. From this research, it could be concluded that the main variables affecting the level of financial management behaviors are income-asset distresses and financial knowledge.

An analysis on determinants of farm household income in Gyeongbuk province: focus on the Saemaeul project

  • Lee, Sang-Ho
    • Korean Journal of Agricultural Science
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    • v.45 no.1
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    • pp.137-142
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    • 2018
  • The aim of this paper was to analyze the determinants of farm household income in the Gyeongbuk province. Data from 5,254 villages in the Gyeongbuk province were used. The main results are as follows. First, the percentage of self-supporting villages for fishing villages was 10.8%, which was higher than the average of 6.4%; however, the percentage of self-supporting villages for mountain villages was only 2.7 percent. Second, the level of income was estimated to positively correlate with the ratio of the roof improvement rate, a sisterhood relationship, farming households, and the number of people under the age of 14. Finally, the results show that variables such as age, farming percentage, roof improvement ratio, and a sisterhood relationship were significant. When the percentage for the roof improvement ratio was higher, the ratio for a sisterhood relationship with another city was higher, and when the proportion of farmers was higher, the average income of the village was higher. Based on the results from the above analysis, the following policy implications are suggested. First, the income levels of rural villages in the 1970s are related to the Saemaul project in Korea. In other words, the Saemaul project contributed to improving the farming household income by direct and indirect methods. Second, it can be seen that it is important to develop policies that take into account different village types within rural areas.

Household Characteristics and Changes in Income Class: 1998~2001 (가구특성에 따른 소득계층 변화)

  • Kim, Geneuhc;Chung, Eui-Chul
    • Journal of Labour Economics
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    • v.27 no.2
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    • pp.91-115
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    • 2004
  • Based on household characteristics, this study analyzes the sources of changes in income class. Using KLI panel data in 1998 and 2001, household equivalent income is calculated and households whose income class is changed are identified. Various household characteristics are examined to understand which characteristics are influential in income class changes. Empirical estimations are carried out by employing an ordered probit model. Region of residence, age of household head, education level of the head, the number of employed family members in 1998, and a change in the number of employed family members are shown to be statistically significant. Calculation of marginal probability based on the ordered probit estimation results show that the probability of upward movement in income class decreases as a household lives in rural areas, while the probability of upward movement increases as the household's head is better educated, the number of employed family members are higher and there is a higher increase in the number of employed family members. Age of the head has mixed results; while the probability of upward movement in income class decreases as the head gets older for the households in middle and high income classes, that probability increases as the head is in the range of the 40s and the 50s in low income class households.

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The Study on the Socialization of Household Work (가사노동 사회화에 관한 연구)

  • 김영숙;심미영
    • Journal of Families and Better Life
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    • v.9 no.2
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    • pp.191-207
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    • 1991
  • The purpose of this study is to investigate the degree of socialization of household work and to analyze the influence of demographic and psycho-social variable on socialization of household work. For the purpose of this study, questionnaires were administrated to 314 housewives in Pusan. For the statistical analysis were as follows; 1)The degree of socialization in the domain of food showed significant difference by number of family, number of children, housewife's age, housewife's education, husband's education, income and sex-role attitude. The degree of socialization in the domain of housing showed significant difference by family pattern, housewife's education, husband's education, state of housewife employment. husband's occupation , income and sex-role attitude. The degree of socialization in the domain of clothing showed significant difference by housewife's age, housewife's education, husband's education , state of housewife employment. husband's occupation, income and sex-role attitude. The degree of socialization in the domain of family management showed significant difference by number of children, housewife's age. state of housewife employment, income, period of marriage life and sex-role attitude. The degree of socialization in the domain of home management showed significant difference by housewife's education, husband's occupation, sex-role attitude and share of household work. 2) The socialization in the domain of food was influenced husband's education, income, housewife's education and sex-role attitude. The socialization in the domain of housing was influenced husband's education, income, housewife's occupation and sex-role attitude. The socialization in the domain of clothing was influenced husband's education, income. housewife's occupation and sex-role attitude. The socialization in the domain of family management was influenced husband's education, shave of household work. and sex-role attitude. The socialization in the domain of home management was influenced husband's education, shave of household work, and sex-role attitude.

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The effect of employment status and household equalization income on unmet dental and medical care needs : a study on the application of Korea Medical Panel Data 2018 (종사상 지위와 가구 균등화 소득이 치과 의료 미충족에 미치는 영향 : 2018 한국의료패널 자료를 활용한 분석)

  • Jin-Ha Lee;Gyung-Jae Oh
    • Journal of Korean society of Dental Hygiene
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    • v.23 no.2
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    • pp.125-132
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    • 2023
  • Objectives: This study used the 2018 Korea Health Panel Survey data to analyze factors affecting employment status and income relating to unmet dental and medical care needs. Additionally it investigated measures to reduce oral health inequality among various socioeconomic classes. Methods: Descriptive statistics for the subjects' unmet dental and medical care needs were calculated through chi-square test analysis, and multivariate logistic regression analysis was applied to identify factors affecting the unmet dental and medical care needs. The odds ratio and 95% confidence interval were calculated for each level. These data were analyzed using STATA 17.0 SE (64-bit) version, and the statistical significance level was set to p<0.05. Results: As a result of unmet dental and medical care needs according to general characteristics, the lower the education level (p<0.001), the higher the age (p<0.001) and the lower the household equalization income (p<0.024) and the smoker status (p<0.003) were, respectively. Factors that have a statistically significant impact on unmet dental and medical care needs were divorce, separation and bereavement (p<0.001) in individuals than in married persons, and being smokers than non-smokers (p<0.009). The frequency of unmet dental and medical care needs were found to be lower in the cases of a high school graduate than an elementary school graduate (p<0.018), and of higher household equalization income (p<0.001) than the lowest household equalization income, respectively. Conclusions: It was found that various factors such as age, education level, household equalization income, employment status, type of working hours type, and smoking status affect unmet dental and medical care needs.

Longitudinal Study on the Effects of Depression by Household's Economic Factors According to Income Levels (소득수준별 가구 경제요인이 우울에 미치는 영향에 대한 종단적 고찰)

  • Sung, Jun-Mo
    • Korean Journal of Social Welfare
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    • v.62 no.1
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    • pp.109-132
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    • 2010
  • This study examined the effects of depression by household's economic factors with income levels using the wave 1, 2 of Korean Welfare Panel Study. As a result, changes in income satisfaction have significant effects on depression levels. In non-poor households, the income and comsumption expenditure have effects on depression levels. But poor households do not have any effects. Among the control variables, age, marital status, and education level are influential factors on the depression levels. Based on the results, the author was able to recognize the economic factors in household that influnce the depression levels. and The policy directios for household's economic support were discussed.

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Correlation Analysis between Median Household Income and LEED-Certified Public Transportation Access

  • Han, Hee Su;Kim, Boo-Young;Park, Young Jun;Son, Kiyoung
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.3
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    • pp.266-272
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    • 2014
  • The Leadership in Energy and Environmental Design (LEED) Green Building Rating System provides third-party verification for environmentally sustainable construction. But while LEED-certified buildings provide healthier work and living environments, Previous studies have shown that LEED certification does not provide any direct economic incentives to owners and developers. To address this issue, this study aims to investigate the economic benefits of LEED criteria. The objective of this study is to examine whether or not there is a significant correlation between median household income and the number of bus stops and light rail stations for a given parcel that meet LEED sustainable site criteria for public transportation access. The findings showed that the number of bus stops had a positive correlation with median household income, which means that more bus stops a given parcel had that met LEED criteria, the greater the median household income of a block group where the given parcel was located would be, though this positive correlation was very weak.

A Computable General Equilibrium-Top Down Behavioral Microsimulation on Assessing the Philippine Tax Reform

  • DIZON, Ricardo Laurio
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.543-550
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    • 2021
  • The purpose of the study is to investigate the simulated effects of the Philippine tax reform, which is called Tax Reform for Acceleration and Inclusion Law, on household income and occupational choice. The study utilized the Family Income Expenditure Survey and tax collection as input to Computable General Equilibrium-Top Down Behavioral Microsimulation approach to determine the effect of Philippine tax reform on household income and occupational choice. The results of the study show that the household income in the Philippines will increase due to the implementation of the Philippine tax reform. Also, the study had found that tax reform results drive the household to shift from being farming entrepreneur to salaried workers since the utility derived from being workers is much higher compared to the utility derived from being entrepreneur. The findings of this research suggest that the Philippine Tax Reform for Acceleration and Inclusion Law is beneficial to the household since their income would increase, which will further result to an increase in their capability to buy goods and services. However, the tax reform would also lead to imbalance between the distribution of numbers of workers across sectors such as entrepreneurial farming, entrepreneurial non-farming, and wage sector.

Analysis of consumption expenditure in urban household budgets -Using time series data- (도시 노동자가계의 소비지출분석 - 時系列 자료를 중심으로-)

  • 김정숙
    • Journal of Families and Better Life
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    • v.10 no.2
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    • pp.19-36
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    • 1992
  • The purpose of this paper is to analyze empirically the tendency of household consumption expenditure according to the change of social and economical condition, and the factor which influences consumption expenditure of urban household. The data used in analysis are time-series. The data are statistic form Urban Household Economy Survey published by the Economic Planning Board, dating form the first quarter of 1970 to the fourth quarter of 1989. The income of household and consumption expenditure materials were deflated as consumer price index to exclude the influence of prices and the influence of household composition are considered to deflated as the size of the household under assumption of homogeneity. The consumption expenditure items were categorized to 12 relatively large range items. The time-series data were analyzed by using the Two Stage Least Squares and the Ordinary Least Squares. The following is the result of analysis. 1) Rather than the income increase of previous years. the average income increase for two years influences more significantly on consumption expenditure of household. In the case of influence on consumption expenditure for each item by increase in disposable income, such categories as furniture and utensils. clothing and footwear, housing, medical care, culture and recreation, and transportation and communication have significant influence. 2) Among consumption expenditure categories, the increasing factors were furniture and utensils, and clothing and footwear. And the decreasing factors were housing, medical care, culture and recreation ,and transportation and communication. The relative prices, however, had significant influence on categories such as housing, furniture and utensils, medical care , culture and recreation, and transportation and communication and all of them were the decreation factors. 3) Among with changes of social and economical conditions, miscellaneous showed the highest increase in marginal propensity to consume and foods was the lowest. Also culture and recreation and housing brought up a great change of the income elasticity of demand.

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