• Korean Journal of Rural Living Science
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• v.7 no.2
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• pp.139-152
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• 1996

The objectives of this study are : (1) to measure the level of economic stress perception in Korean farm households. (2) to identify the effects of related variables such as socio-demographic variables and economic stability. The data from 505 farm households' wives was analyzed using statistical methods such as frequency, correlation, oneway ANOVA, lease significant difference test, and stepwise multiple regression. The major findings are as follows : The mean value of economic stress perception on the 505 wives was 33.5 points out of a possible 100. Among 3 subsectors, income stress perception had highest score. Socio- demographic variables such as family size, type of farm household, financial manager, debt, credit . grant assistant, wife's age, and educational level of the wife had a significant difference on the economic stress perception of wives in the ANOVA analysis. So did the objective and subjective evaluation of economic stability. As a result of multiple regression analysis, economic stability, debt presence, and wife age were verified explaining 23% of the variance of economic stress perception. Therefore, it can be said that farm wives had relatively high economic stress perception in the case of low economic stability, getting into debt and low age.

• The Journal of Economics, Marketing and Management
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• v.8 no.1
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• pp.29-35
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• 2020

Purpose - In this study, among the various stresses experienced by single-family senior citizens, we will focus on economic and financial stress and help to comprehend it generally, examine the differences in economic and financial stress and coping behaviors caused by the background variables in the aged group, and verify the variables that affect economic and financial stress, response behavior, and life satisfaction. Research design, data, and methodology - First of all, frequency analysis and technical statistics were conducted to identify the general characteristics of the elderly (characteristics of demographic sociology, social relationships) and the satisfaction level of life. Secondly, Hierarchical Multiple Regression Analysis was conducted to analyse influential factors on life satisfaction. Results - looking at the demographic characteristics of the elderly showed that in case the spouse exists, the level of satisfaction in life was shown to be higher. Next, looking at the characteristics of economic stress showed that the lower the economic stress was, the higher the satisfaction level of life was shown. Conclusions - Since stress has been identified as the most influential variable in life satisfaction through this study, we believe that economic and financial stress should be studied together as a parameter to find out which factors influence life satisfaction, or studies to reduce stresses for experts and senior party members altogether is also needed.

• Journal of Family Resource Management and Policy Review
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• v.12 no.2
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• pp.57-72
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• 2008

The propose of this study is to examine the economic stresses and coping strategies for elderly households depending on the variables of background, and to analyze the relations between these factors. Elderly households which satisfied the following criteria were recruited for participation: (a) reside in Seoul, or in the metropolitan area (b) live apart from their adult children after retirement and (c) ages over sixty. From September 20th, 2006 to November 30th, 2006, 296 were used for this research. First, the mean score of the economic stress level of elderly households was 2.87 out of 5, and the stress levels of income expenditure and asset debt were intermediate. The mean score of the economic coping strategy was 3.17 out of 5. In order to overcome economic stress, elderly households utilized reducing their expenditure, financial management, and re-employment. The level of elderly households' life satisfaction was 3.29 of 5 and the depression was 3.17 of 5. Second, there was a difference in accordance with the objective economic variables and the degree of the economic stress after the review of the variables of the elderly households and the coping strategy due to economic stress. The result shows that the households which had a low economic status and high economic stress from the objective viewpoint participated in more economic activities. Their reactions were to decrease the overall expenditure through reducing the expenditure rather than to manage the asset effectively through re-employment or to inaugurating a business. Third, I analyzed situational factors, economic stress, and economic coping strategy in order to compare relative contributors to psychological well-being through using regression. At the third phase in the process of analysis, the socio-psychological factors appeared to be significant factors contributing to psychological well-being. Regarding the stress caused by income expenditure increased, when elderly households were more concerned about reducing expenditure and re-employment, their feelings of depression increased.

• Journal of Families and Better Life
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• v.21 no.2
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• pp.155-173
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• 2003

The purpose of this study was to gain an understanding about urban housewives' stress in family financial management, their coping strategies, and their sense of economic well-being, which will eventually provide some baseline data for policy development. The findings of this study are summarized in the following. First, the mean score of the level of financial management-related stress among urban housewives was 2.61 when the maximum level was set at 5. In order to overcome the stress from financial management, housewives utilized various strategies, such as purchasing management, financial planning, financial information gathering, getting a loan, and delaying payments. The average level of economic well-being among urban housewives was 2.82 when the maximum level was 5. Second, among socio-demographic factors, the family's monthly income and the husband's job satisfaction were the two most significant factors that affected the level of financial management stress among housewives. Third, there was a difference in employing coping strategies according to the level of stress. The group with a higher level of financial stress employed more coping strategies than the group with, a lower level of stress. Fourth, there were differences in the level of economic well-being, depending on the types of coping strategies employed. Fifth, the results from regression analyses, which were conducted to determine the relative explanatory power of different independent variable groups including subjective factors, financial management stress, and coping strategies, showed that socio-demographic and objective economic factors significantly affected economic well-being.

• Journal of the Korean Home Economics Association
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• v.38 no.6
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• pp.117-133
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• 2000

The purpose of this study was to examine the effect of perceived economic stress & marital conflict on the quality of life under economic crisis in Korea. Data were collected from 236 couples during May and June 1998, when the Korean economy was under the control of International Monetary Fund (IMF). Many couples reported the unstability of job and the experience of economic strain events. However, the perceived level of marital conflict and the quality of life were not so bad. Husbands perceived economic stress and quality of life higher than wives did. The path analysis showed gender difference in the perceived economic stress as well as in the indirect effect of economic strain events on the quality of life through economic stress and marital conflict. In addition, family income directly affected the quality of life for husbands, but not for wives.

• Journal of The Korean Society of Integrative Medicine
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• v.8 no.3
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• pp.163-172
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• 2020

Purpose : The purpose of this study was to investigate economic anxiety, self-efficacy, and financial stress levels in middle-aged male and identify factors affecting financial stress and provide baseline data for the development of nursing interventions to reduce financial stress in middle-aged male. Methods : Participants were 91 middle-aged male who live in Seoul and Gyeonggi Province. The data collection period was from April 1, 2020, to May 1. In this study, the questionnaire of economic anxiety, self-efficiency, financial stress was used. The data were analyzed by average, standard deviation, minimum, maximum correlation and regression using SPSS version 21.0. Results : In this study, the financial stress of middle-aged male affected economic anxiety with significant results (β=.628, p<.001). The absolute model's explanatory power was 36.8 % (adjusted R2=.368), indicating that economic anxiety affects financial stress levels in middle-aged male (F=27.151, p<.001). Conclusion : This study shows that economic anxiety affects financial stress. Based on the research results, basic data for the development and application of nursing programs to reduce financial stress were presented in consideration of the economic anxiety of middle-aged males. Therefore, there is a need for mediation to help middle-aged men positively recognize real-life situations and changes in society. Such mediation involves the development and application of educational and counseling programs that can reduce financial stress and economic anxiety in middle-aged men.

• Journal of Families and Better Life
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• v.25 no.1 s.85
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• pp.45-58
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• 2007

This study explored the impact of couple interaction behaviors on the relationship between economic stress and marital instability. The study results showed that economic satisfaction and economic pressure greatly influenced the marital instability of married males and females. However, the interaction behaviors of couples tended to have a stronger impact on marital instability than economic stress. In other words, perceived spouse support and perceived spouse hostility had a significant impact on marital instability, with perceived spouse hostility being the more damaging of the two. The study also showed that there were sender differences regarding the impact of couple interaction behaviors on marital instability and economic stress. For married males, economic satisfaction as well as couple interactions influenced significantly on their marital instability. For females the impact of couple interactions on their marital instability tended to be more salient. On the whole, the results of the interaction effects between economic stress and couple interaction behaviors on marital instability did not appear significant, except in the case of females' perceived spouse hostility and its effect on marital instability.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.1
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• pp.177-187
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• 2022

Theoretical literature agrees on the interaction between financial instability and economic activity but explains it's dynamic in two points of view: one is that the transmission mechanism occurs in one unique regime and the other reckons a shift of regime leads to the alteration of the transmission mechanism. This study aims to find evidence of the multi-regime transmission for ASEAN developing countries. The author employs the technique of Threshold vector auto regression using the financial stress index standing for financial instability. Monthly data is collected, covering a period long enough with many episodes of high stress in recent decades. There are two conclusions: (1) A financial shock has a negative and stronger impact on economic activity during a high-stress period than it does during a low-stress period; (2) the response of economic activity to a negative financial shock during high-stress periods is stronger than it is during normal times. The findings point to the importance of the financial stress index as an additional early warning indicator for the real economy sector, as well as the positive effect that a reduction in financial stress may have on economic activity, implying the importance of "unconventional" monetary policy in times of high financial stress.

• Journal of Families and Better Life
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• v.11 no.2
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• pp.182-194
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• 1993

The purpose of this study was to investigate 1) the effect of family economic stress and parental support on behavior problems of children and 2) family economic stress parental support and behavior problems of children according to their sex and age. The subjects were 72 third grade children and 131 sixth grade children selected from five elementary school(105 male and 98 female) The questionaire was used as a methodological instrument and the statistics used for data analysis were frequency percentile mean ANOVA scheffe test t-test Results of this study indicated that behavior problems of children were increased by family economic stress and were decreased by parental support. The findings also indicated an indirect effect of family economic stress on behavior problems of children : increased stress was associa- ted with lower parental support and lower parental support was associated with higher behavior problems of children Boys were higher than girls in agression and delinquency and sixth grade children were higher than third grade children in obsession.

• Research in Community and Public Health Nursing
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• v.27 no.2
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• pp.173-182
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• 2016

Purpose: This study was conducted to survey female Vietnamese marriage immigrants' life stress and to analyze factors influencing their life stress and coping strategies. Methods: As descriptive correlation research, this study conducted a survey with 182 conveniently sampled subjects. Data were collected in June, 2015, and analyzed with descriptive statistics, t-test, ANOVA, Pearson's correlation coefficient, and stepwise multiple regression. Results: The subjects' life stress levels were above average, and significantly varied according to their health, and economic status. Stress coping strategies used by the subjects included assistance seeking, problem avoidance, wishful thinking, problem solving, and emotional alleviation in the order of frequency. As a result of the stepwise multiple regression, economic level, economic activity, and health status were found to be the most significant factors influencing the subjects' life stress, and these variables explained 45.1% of the variation in life stress. Conclusion: Female marriage immigrants were experiencing above-average life stress, and they were coping with it mainly in terms of assistance seeking or problem avoidance. In order to mitigate their stress, therefore, it is necessary to provide extended employment opportunities and economic activities for them so that they can cultivate their abilities in health management.