• Title/Summary/Keyword: Periodic Income Characteristics after Retirement

Search Result 1, Processing Time 0.021 seconds

Determinant of the Elderly Poverty Using Decision Tree Analysis (의사결정나무분석을 활용한 노인빈곤 결정요인 분석)

  • Park, Mi-Young
    • Journal of Digital Convergence
    • /
    • v.16 no.7
    • /
    • pp.63-69
    • /
    • 2018
  • This study is to examine the determinants of the elderly poverty by using the Decision-tree analysis. In line with this perspective, this study includes individual characteristics, family characteristics, working characteristics, and periodic income characteristics after retirement as determinants for senior poverty. The study uses data from the Korean Retirement and Income Study based on panel survey and employs the Decision-tree analysis to explain the causes of the elderly poverty. As the result of analysis, earned wage has the greatest effect on the elderly poverty. Depending on status of the earned wage, there are 2 different variable groups. One with no earned wage includes public pension, education, and residence, paid employee and gender in the other with earned wage. Based on the analytical results, the study suggests measures to address the elderly poverty.