• Journal of Families and Better Life
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• v.22 no.2
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• pp.85-95
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• 2004

The purpose of this study was to classify the household financial strategies and find out variables affecting the type of the household financial strategies. The data of 3994 households from Korean Labor and Income Panel Study(1999-2000) were used. The major findings were as follows: (1) the household financial strategies were Residual Saver Type(44.6%), Unformal Institute Saver Type(13.3%), Financial asset Saver Type(16.7%), Real estate Saver Type(13.4%) and Diversities(12.0%). (2) The household financial strategy types were changed rapidly during short term. (3) In 3994 households, the variables which influence on the change of the household financial strategies were education, job, numbers of children, place of residence, home ownership. Similarly, in each type, the change of household financial strategies was significantly different according to the household characteristics variables.

• Journal of the Korean Home Economics Association
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• v.35 no.2
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• pp.345-358
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• 1997

This study investigated the pattern of division of household labor between married couples and the determining variables of the division of household work. In addition, this study examined the effect of the pattern of the division of household work and the sense of fairness on marital satisfaction. Two hundreds forty two married couples living near seoul were selected. Both wives and husbands reported their daily time-use pattern. According to the results, flexibility of husbands' work schedules hours of market work of husbands, husbands' sex role attitudes, and the presence of household assistant affected significantly on the extent of household work time. In addition, husbands' household work time had direct effects on marital satisfaction of couples. In wives' hours of household labor, the significant variables were wives' employment status, presence of younger children, total income, wives' sex role attitudes, and hours of household labor performed by housework assistant. In addition, wives' sense of fairness had impact significantly on marital satisfaction.

• Journal of Families and Better Life
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• v.20 no.6
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• pp.81-93
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• 2002

The purpose of this study is to analyze the effects of household income drops on household economic status during economic crisis periods. Using the data taken from Korean Household Panel Study for 1996 and 1998, it was investigated how household income change affected household income, expenditure, and assets/debt. The economic status change of the income-decreased group was compared with that of the income-increased group. The major findings were as follows: Average income of the total sample was 1,905 thousand won in 1996, while 1,419 thousand won in 1998. The household of which income was decreased during the period was 65.1% of total sample. Average income of the group was reduced from 2,263 thousand won to 1,239 thousand won. Among income sources, the amount of income from real asset was found to be the highest decreasing rate, and the amounts of both business and employed-work income were reduced almost up to an half of those in two years ago. The amounts for all expenditure categories were also decreased with decreasing household income. Especially the expenditures for food away from home, leisure, durable, recreation, and vehicle-related expense were found to have the highest income elasticity. The households with decreased income were found to reduce household expenditures by 377 thousand won per month, which was 70.9% of that in 1996. Decreases in household income resulted in decreases in net wealth by 10,170 thousand won. With decreases in household income, the amounts of total insurance and private savings such as gye were decreased, and so were the amounts of real assets and monetary assets.

• KDI Journal of Economic Policy
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• v.37 no.4
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• pp.21-54
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• 2015

This paper analyzes how and why household debt distribution by the householder age has changed over the past decade both in Korea and the US. Data shows that the proportion of household debt held by younger households has decreased, while that held by older households has increased. Empirical analysis shows that a change in the demographic distribution of householders is the main driving force that has shifted the household debt distribution. Given that demographic aging is an inevitable trend, the proportion of household debt held by older households is also expected to increase. Therefore, the Korean government must preemptively prepare for the household debt problem, especially for debt held by older households, by strengthening macro-prudential policies, preventing asset price deflation, restructuring household debt contract structures, and reforming labor market inflexibility.

• Journal of Families and Better Life
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• v.19 no.1
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• pp.17-31
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• 2001

This study purposed to determine the relative impact of a number of family and household work variables on childrens household work performance and their mothers satisfactions on that. A questionnaire was administered to 239 mothers and their children respectively living in Daejeon. Data were analysed using multiple regression analysis. Results were as follows: (1) A childs household work was influenced by mothers employment status and health status, a childs sex, her expectation on the childs household work performance, and the grade. (2) Mothers satisfaction on the childs household work was most influenced by the length of household work time and their spontaneity.

• International Journal of Human Ecology
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• v.6 no.1
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• pp.17-28
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• 2005

This study examines factors determining contemporary Chinese households' food away from home (FAFH) expenditures using Becker's household production theory. Data came from the 2000 urban household survey in Guangdong Province, collected by National Bureau of Statistics (NBS) of China. It was revealed that the contemporary urban Chinese wives also substitute their household work by time-saving product, FAFH, as Becker's household production theory postulated. This suggests the important role of time-value (opportunity cost) in determining household FAFH expenditure across the cultures.

• Journal of the Korean Home Economics Association
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• v.35 no.1
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• pp.277-290
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• 1997

This study analyzed household expenditure patterns using the 1990 Korean Consumer Expenditure Survey and identified the factors determining a household's probability to be in an expenditure pattern. The results of cluster analysis revealed five expenditure patterns: Education and Recreation-dominated; Necessities-dominated; Miscellaneous expenditure-dominated Housing dominated; and Transportation and Communication-dominated patterns. Based on the results of descriptive and Logit analyses household income household size age of household head and housing status were major factors to determine the type of househld expenditure pattern.

• Journal of the Korean Home Economics Association
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• v.29 no.3
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• pp.209-226
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• 1991

This study aimed at providing the basic data for the measurement of the attitude for socialization of household work by analysis of the attitude for socialization of houselhold work according to demographic variables, the degree of acceptance for living change. This study was composed of the attitude for the socialization of household work was based on time, quality, cost factor. The results of this study were as follows: 1. The attitude for socialization of household work was influenced by sex, age, marriage, sex $\times$ marriage and the degree of acceptance for living change. 2. The variables which affected the attitude for socialization of household work independently had influence on it in the following order : the degree of acceptance for living change, sex, house type. 3. The result of path analysis had confirmed that sex, age, income marriage, house type variable indirectly influenced the attitude for socialization of household work through the degree of acceptance for living change. Sex, and marriage variable directly influenced on the attitude for socialization of household work. Through the this study. The attitude for socialization of houselhold work was influnced by the degree of acceptance for living change. Change of household work is socialization of household work and right attitude to the socialization fof household work is necessary for satisfaction of variouse needs. for saving of time and money through the socialization of household work.

• Journal of the Korean Home Economics Association
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• v.29 no.3
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• pp.131-152
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• 1991

The purposes of this study are to investigate the socialization of household task service area and the satisfaction with it, and to find out the factors affecting on them. For these purposes the data are collected by using questionnaire distributed to 450 housewives living in Seoul. The data are analyzed using frequency, percentile, one way anova, pearson's correlation analysis, simple regression analysis, multiple regression analysis. The results of this research are as follow : 1. There are significant differences in the socialization of household task service area according to housewives's education and employment family income, the type of housing the number of household equipment sex role attitude, attitude about household task, and task performance competency. 2. The factors showing significant relation to the satisfaction about socialization of household task service areas are found to be housewife's education and employment family income sex role attitude and task performance competancy. 3. In the result of the independent contribution of the factors, the most influencial factor is the socialization of household task service area and the next is sex role attitude. 4. Housewives are generally satisfacted on the socialization of household task because of the overweight of household task and because they are unable to those household tasks, and on the other hand they are generally dissatisfacted on the socialization of household tasks because of economic weight, because they couldn't know the ability of service export before employing and because the housework practiced by service expert is different from their expects.

• Human Ecology Research
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• v.53 no.3
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• pp.309-318
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• 2015

This study investigates to investigate the ageing effect on household demand for clothing, food, housing and medical care commodities in Korea using a demand system model. The cross-sectional and time-series data from Statistics Korea on urban household expenditures and age projection analyzed household demands of consumption commodities. The household head age and elderly population ratio were employed for proxy variables of ageing. Ageing variable elasticities of commodity demands were estimated. Study results show that ageing variables significantly influenced on a household demand for commodities; clothing and food consumption decreases; however, housing and medical care consumption increases with ageing. The elasticities of total consumption expenditures and price variables were estimated in the demand analysis; these two variables significantly impacted almost all of the household consumption for the studied commodities. This study provides an opportunity to examine how ageing influences household consumption for clothing, food, housing and medical care commodities as Korean society experiences a rapid ageing. It is also meaningful that this study conducted a quantitative measuring of the household demands for commodities that was different from past research on the household consumption expenditures for commodities.