• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.18 no.4
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• pp.283-294
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• 2014

In this paper we study consumption-labor supply decision of an agent who prepares for retirement at a known time in the future. The agent is assumed to have a preference which is represented by the von Neumann-Morgenstern utility function in which the felicity function has constant relative risk aversion over the composite of consumption and leisure. The composite is obtained by the Cobb-Douglas function. A general problem has been studied by Bodie et al. (2004). We contribute to the literature by deriving the Slutsky equations and conducting comparative statics. In particular, we show that wealth effect can exhibit an interesting property depending upon the time until retirement, as the interest rate increases.

• Journal of Families and Better Life
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• v.16 no.1
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• pp.125-139
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• 1998

This study investigates work loads and coping strategies of the married female production workers(MFPW). The data of 370 MFPW in manufacturing sector in Taegu are collected by using a questionare in August 1995 The findings of this study are as follow: 1) The results of objective work loads assessed time dairy show that the average working hours is 14.25 hours during weekdays. The respondents spend 11.5 hours and 2.75 hours on doing paid and household work respectively,. The shortage of phisiological and leisure time due to spending excessively long time on work. 2) MFPW perceive the severe subjective work loads in the areas of personal family and social life. The perceived burden from paid work itself is relatively low due to the nature of their job. 3) The coping strategies MFPW actually adopted are limited mostly to those from an individual domain such as shortening the time for sleep leisure or household labor.

• Journal of the Korean Home Economics Association
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• v.31 no.3
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• pp.101-112
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• 1993

The purpose of this study is to examine the real life of married women employed in a manufacturing industry by analysis patterns of their time use. Data for 172 married working women were gathered from the use of face-to-face interview method. The results were shown as follows; 1) Married female production workers spend 8 hours 44 minutes a weekday, and 10 hours 39 minutes a Sunday on physiological activities, and on socio-cultural activities 1 hour 50 minutes(weekday), 5 hours 30 minutes (sunday). 10 hours 22 minutes, 2 hours 23 minutes were consumed for the employed time compared to 3 hours 4 minutes, 5 hours 28 minutes for household labor. 2) Married working women's employed labor time is excessively too long while for leisure and house work time is too short, which means the patterns of their time use are very unbalanced type.

• Journal of Korean Society of Occupational and Environmental Hygiene
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• v.26 no.4
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• pp.426-435
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• 2016

Objectives: The major objective of this study was to analyze stress response after a change to consecutive day shifts from day and night shifts in a motor assembly factory. Methods: Using a survey conducted by a labor union, we collected data on stress response index(SRI), lifestyle factors, work-family conflict and job stress before and after a shift system change. We analyzed the transition on the SRI among 222 workers. The cut-off point for the SRI was a T-score over 60. Results: The high risk stress response group was 20.3% of the population before the shift system change. After the shift system change it decreased to 11.3%. After the shift system change, social support improved, leisure time became more sufficient, work-family conflict declined, and sleep quality in the night shift week improved. In multivariable linear regression, among workers under 40 years old sleep quality on night shift, leisure time sufficiency, social support and work-family conflict contributed to the improvement of stress response. Among workers over 40, work-family conflict contributed to the improvement of stress response. Conclusions: The change to consecutive day shifts improved stress response and mediated with improved nighttime sleep, decreased work-family conflict, increased leisure time and improved work-family conflict.

• Journal of Convergence Society for SMB
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• v.3 no.1
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• pp.7-13
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• 2013

It will prove that with a more plausible specification of the relationship between income and the value of leisure, we can develop a more accurate model of the labor market without necessarily losing the primary merit of the received model. Moreover, with an improved understanding of labor market dynamic we can see that progressive era labor market legislation, designed to mitigate the effects of bargaining power inequality in low wage labor markets, was in fact based upon sensible economic foundations. The results of this study as follow; These low-wage dynamics present an example of a positive feedback system or "vicious circle" at work in the economy. With the revised labor supply schedule presented above, the market dynamic of the low wage sector push the wage away from the range that is consistent with a self-regulating market.

• Journal of Family Resource Management and Policy Review
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• v.23 no.1
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• pp.115-128
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• 2019

The purpose of this study was to explore factors influencing on work values of female college students focusing on parental effect to enhance their participation in labor market. The respondents were asked to answer a questionnaire, and the collected 400 data were analyzed using SPSS 23.0. The results showed that the students and their parents had more leisure-oriented and extrinsic work values than labor-oriented and intrinsic work values. The labor-oriented and intrinsic work values appeared to be high in the group with experience of part time jobs, with high educated father or with middle household income. The influencing factors on college students' work values were parental work values, gender consciousness, self-efficacy and major. The results from this study suggest that parents of college students should be educated to change their work values.

• Journal of Families and Better Life
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• v.30 no.4
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• pp.119-132
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• 2012

The purpose of this study was to investigate the differences in time use between Korean and American high school students. The data sources were the '2009 Time Use Survey' conducted by Korea National Statistical Office and the '2009 ATUS (American Time Use Survey)' conducted by Labor Statistics Division in the U.S.. 1,734 Korean diaries (1,311 on weekdays and 423 on Sundays) and 321 American diaries (208 on weekdays and 113 on Sundays) from high school students of 15 to 18 years of age were analyzed. Descriptive statistics and t-test were used for the statistical analysis. The time use patterns of Korean students on weekdays and Sundays were different than those of their American counterparts. On weekdays and Sundays, the sleeping time of Korean students was 2 hours less than the time of their American counterparts. Koreans studied more, nearly double the time of their American counterparts on weekdays and five times more on Sundays. The study-oriented time allocation of Korean students resulted in less leisure time than the American students. Korean students spent their leisure time of more than 30 minutes participating in social activities, media, and hobbies, and their time allocation to volunteer work and religious activities were nil. On Sundays, the time for studying by Korean students was more than five times longer than that spending by their American counterparts. Koreans used their leisure time of 6 hours and 47 minutes mainly for media, hobbies and social activities. The participation rate of volunteering by Korean students was only 0.5%, though it was 31.0% for the Americans. For a study-life balance for Korean students, it was recommended that trends toward time management and social policy should increase the time allocation to sleeping, housework, work, sports, and volunteering and decrease the time use in studying and hobbies.

• Journal of Labour Economics
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• v.37 no.2
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• pp.49-78
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• 2014

This paper examines the impacts of introducing Five-day school week in South Korean on adolescents' time use. Exploiting the exogenous variation in the adolescents' time at school on Saturday, I estimate the causal effect of change of adolescents' discretion time on their time use. The main findings are as follows. The introduction of the five day school week increased the adolescents' discretion time and their time spent on sleeping, passive leisure(mainly watching television). A one-minute decrease in the adolescents' time at school increase their sleeping time by 0.46 minute and passive leisure time by 0.26 minute.

• Journal of Labour Economics
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• v.33 no.2
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• pp.27-52
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• 2010

This study, using Korean Time Use Survey 1999, analyzes how opportunity costs of maternal time affects the ways in which mothers allocate their time to market work/housework/child care/leisure. Opportunity costs include two kinds: hourly child care costs and log hourly wage rates. Results show that a unit increase in child care costs reduces market work but increases housework, child care, and leisure. The effects of log wage rates are opposite those of child care costs. The result that a unit increase in the log wage rates decreases child care lime is not consistent with a previous study for the United Stales. These results differed by mother's educational attainments. This study suggests that policy-makers should pay careful attention to the effects of various types of mother's opportunity costs on non-market time in promoting maternal employment.

• Journal of Food Hygiene and Safety
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• v.39 no.2
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• pp.171-179
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• 2024

In previous Cost-of-Illness (COI) studies, the economic impact of lost leisure time of patients has been mostly underexplored. Furthermore, few studies have focused on chronic or severe diseases, thereby inadequately addressing the segment of self-care patients who do not fall into the categories of inpatients or outpatients. In the present study, we used a comprehensive approach to calculate the annual cost of leisure loss, incorporating factors such as employment status, self-care options, and total period of leisure activity disruption. This required analyzing data from various sources, including health and labor statistics, and applying methods to accurately assess the leisure time lost due to food poisoning. The findings showed that the annual cost of leisure loss for South Korean patients with food poisoning is significant, amounting to approximately 784.5 billion KRW (702.8 million USD, USD/KRW : 1128.34). This study revealed that overlooking self-care patients and not accounting for the affected time in addition to treatment time and employment status significantly underestimated these costs. This study highlights the importance of considering a wider range of factors, including self-care, employment status, as well as the entire affected period, in assessing the societal impact of diseases such as food poisoning. These findings provide valuable insights for policymakers and healthcare professionals to understand the broader economic implications of illness and allocate healthcare resources more effectively.