• 대한가정학회지
• /
• 제43권1호
• /
• pp.85-103
• /
• 2005

This study attemped to analyze the financial stati of single households. The financial stati of single households were analyzed using the income and expense stati, balance sheet status and selected financial ratios as components. The data of 757 single household's from the 1998 Korean Household Panel Study were utilized. The major findings are summarized as follows; 1. Male single households had higher income and expense stati than those of females but lower holdings of other asset with the exception of liquid assets. Single elderly households had the highest holdings of both real assets and debt. 2. Usually single households were retained more short-term than long-term liquid assets. The debt burden ability in using net assets was the lowest of all assets. To accumulate capital those in single household were more likely to have savings than investment assets.

• 한국생활과학회지
• /
• 제15권6호
• /
• pp.973-984
• /
• 2006

This study examined the asset allocation of the aged and analyzed the impact variables on the portfolio ratio of different kind of finanical assets. The aged was divided three groups, 55-65, 65-75 and 75 over. The results showed that the aged are not likely to invest on risky asset and their assets composed of mostly real estates and bank account. The study include four different assets, such as liquid asset, risky assets, horne equity and other real estates, which reflects the liquidity problems of households asset allocation for the aged in Korea. The aged who do not participate on stock market are likely to have more liquid assets. Households lived in Daegu, Kwangju, ChungCheong and CheonRa tend to have more liquid assets compared to those in Seoul. Total income is appeared having positive relationship with illiquid assets including stock, bonds, and private pension. Age group with 75yrs over tend to have greater mean of illiquid assets and it may caused by the polarization of assets, which gives intuition for the future study.

• 한국농촌생활과학회지
• /
• 제9권1호
• /
• pp.43-54
• /
• 1998

This study attempted to investigate the factors affecting financial status of the rural middle-aged and old-aged household. The results shelved that the significant variables which influenced on the probability of financial security measured by consumption to income ratio were sex and education level of the household head, family size, total income, total expenditure and total assets. The most influential variables on the probability of financial security measured by liquidity ratio was liquid assets, and total assets. Education level of the household head. liquid assets, total assets, and total debt had significant effects on the probability of financial security estimated by debt burden ratio. Among the economic variables, only liquid asset had significant negative effects on the probability of financial security assessed by the capital stock ratio.

• 가정과삶의질연구
• /
• 제15권1호
• /
• pp.213-224
• /
• 1997

Emergency funds are usually identified as liquid assets because they are easily and quickly converted to cash for the needs of unexpected expenses. Empirical studies spplirf got American Households have found that most households do not have recommend levels of liquid savings and an analysis of the 1990 survey of consumer expenditures confirms revious findings. Family Income and Expenditure Survey in Korea is the data base for this study and the level of emergency fund as a flow asset is investigated. A three period model of optimal consumption is presented. The results suggest that many consumers who do not have the recommend levels of liquid assets may be acting rationally. The results may be useful for financial counselors and educators. as well as for insight into empircial patterns of savings.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권1호
• /
• pp.19-27
• /
• 2020

This paper aims to empirically study the determinants of liquidity of Indian listed firms. To account for profit persistence, we apply a (pooled, fixed and random) effect models to a panel of Indian listed firms that covers the time period from 2010 to 2016. This study consists of 2154 firms operating in Indian market. Liquidity (LQD) of Indian firms is measured by liquid assets to total assets, whereas bank size, capital adequacy, profitability, leverage, and firm age are used as internal determinants. Further, economic activity, inflation rate, exchange rate, and interest rate are the external factors considered. The findings reveal that leverage, return on assets, and firm age are the essential internal determinants that impact the liquidity of Indian listed firms. Furthermore, among the internal determinants, the results indicate that firm size, leverage ratio, return on assets ratio, and firm age are found to have a significant positive association with firms' LQD, except leverage ratio and firm age has a negative relationship with firms' LQD. From this result, this article has provides helpful ideas and empirical evidence on the inner and external determinants of the companies mentioned in India is very useful to bankers, analysts, regulators, investors and other stakeholders.

• 대한가정학회지
• /
• 제48권4호
• /
• pp.1-12
• /
• 2010

The purpose of this study was to find the differences of financial structures of real estate and the factors influencing on it between two groups of subjective financial adequacy and non-adequacy for later years among middle & old aged households. The data were drawn from KREIS(Korean Retirement and Income Study) surveyed by National Pension Research Institute in 2007, and 3,889 couple households with householder's age over 50 were selected. Major findings were as following. First, only 19.3% of households answered that they had enough money for later years. And they had lower real estate-to-total assets ratio (.84) and lower residential house value-to-total assets ratio (.52) than the counter part. Second, for the group who answered that they had enough money for later years, the factors influencing on total real estate were found to be income, debt, and liquid assets.

• 한국노년학
• /
• 제31권3호
• /
• pp.573-590
• /
• 2011

본 연구에서는 제1~2차 고령화연구패널조사 자료를 사용하여 첫째, 가구소득 및 가구동원가능자산에 대한 결정요인을 분석을 통해 국내 중·고령가구의 소비여력에 영향을 미치는 주요 요인들에 대해 논의하였다. 둘째, 가구소비 결정요인을 추정하여, 국내 중·고령가구의 소비에 있어서 가구특성들 중 어떠한 요인들이 중요한 영향을 미치는지 여부를 분석하였다. 먼저 가구 소비여력인 가구소득 및 가구동원가능자산에 대한 분석 결과, 여러 설명변수들 중에서도 특히, 교육수준이 높고 가구원수가 많을수록, 자가 거주와 근로상태인 경우, 그리고 특수직역연금을 수급하는 중·고령자가구의 경우 상대적으로 가구소득과 가구동원가능자산과 같은 소비 여력이 높은 것으로 나타났다. 다음으로 2차 자료를 대상으로 가구소비 결정요인을 추정한 결과, 연간가구 가처분소득과 가구동원가능자산이 많을수록, 가구원수가 많고 교육수준이 높을수록, 광역시에 거주하고 자가 거주주택을 보유하고 있을수록, 근로행위를 하거나 특수직역연금을 수급하는 가구일수록 가구 소비를 증가시킬 유인이 상대적으로 큰 것으로 나타났다. 그에 반해 연령이 높을수록, 국민연금을 수급하거나 남성일 경우 가구 소비는 상대적으로 감소하는 것으로 나타났다.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권12호
• /
• pp.863-867
• /
• 2020

This study was conducted on financial data of 38 economic groups listed on Vietnam's stock market for the period 2009 - 2019 and it aims to provide an empirical evidence on the impact of working capital management policy on performance in all phases of the economic cycle of Vietnamese economic groups. The study uses FGLS estimation method with 2 dependent variables ROA, GOP, independent variables including INV, AR, AP, CCC, dummy variable representing different phases of the economic cycle, variables Control includes CAT, CR, LEV, SZ, GR. Research shows that the greater the level of investment by companies in liquid assets corresponding to a certain level of activity (shown by average days of inventory (INV), average days of collection. (AR), cash flow cycle (CCC)) the lower the rate of return on assets. The study also provides additional evidence of the negative effects of economic crisis on the performance of economic groups. The study also shows that the number of short-term asset cycles has a positive impact on operational efficiency, and the level of debt use has a negative impact on operational efficiency. This result implies that the managers of economic groups can increase the efficiency of businesses through a reasonable working capital policy.

• 보존과학회지
• /
• 제21권
• /
• pp.73-88
• /
• 2007

석조문화재 강화제로 사용되는 에틸실리케이트 강화제 2종과 살생물제 5종을 순서를 달리하며 반응시켜 보존처리제들간의 상호반응성에 대해 연구하였다. 반응생성물의 조직, 무게와 겔형성시간을 통해 살생물제 단독의 반응성, 강화제와 살생물제의 동시반응성, 증발된 살생물제와 강화제의 반응성과 형성된 겔과 살생물제의 반응이 평가되었다. 시험한 일부 살생물제는 건조 후 염결정을 형성하였으며, 일부 살생물제는 증발시간이 매우 길고, 색을 띠어 살생물제와 반응할 에틸실리케이트 강화제와는 상이한 성질을 보였다. 시험된 강화제와 살생물제 간에는 처리의 전후에 관계없이 상호반응이 일어났다. 에틸실리케이트 강화제와 살생물제를 동시에 반응시켰을 때 살생물제가 함유하고 있는 수분으로 인하여 수분과 강화제와의 반응, 살생물제의 염성분과 강화제와의 반응을 일으킴으로서 살생물제는 겔형성을 저지시키는 결과를 보였다. 건조된 살생물제와 반응시킨 에틸실리케이트는 겔만이 형성된 투명한 층과 살생물제가 섞인 혼합층으로의 분리가 발생하였으며, 서로 다른 수축율 때문에 생성물 내에 남은 균열이 발생되고 결과적으로는 강화제로서의 역할을 하지 못하였다. 형성된 겔과 가스상의 살생물제와의 반응께서는 겔의 조직이나 색의 변화가 관찰되지 않았다.

• 보존과학회지
• /
• 제21권
• /
• pp.33-40
• /
• 2007

본 연구에서는 약해진 암석을 강화시키는데 사용되고 있는 에틸 실리케이트계 강화제인 SILRES BS OH 100를 대상으로 셰일계 석재에 대한 강화 제 적용을 연구하였다. SILRES BS OH 100는 상온에서 공기 중의 수분과 반응하여 액체 상태의 졸에서 고체 상태의 겔로 변화하였으며, 생성된 겔은 X-선 회절 분석 결과 비결정질의 고체 상태임을 알 수 있었다. 약 $30^{\circ}C$의 항온을 유지하며 시간의 경과에 따른 시차열중량분석 결과 공기중에 노출되면서부터 305분까지 급격하게 중량이 감소되었는데, 이것은 SILRES BS OH 100의 반응생성물인 에탄올이 증발하면서 실라놀($Si(OH)_4$) 입자가 생성되기 때문인 것으로 판단된다. SILRES BS OH 100을 처리한 세계 암석의 미세구조 관찰을 통해 겔화된 고체상태의 강화제가 광물 입자와 입자 사이를 채우면서 결합하고 있는 것을 확인할 수 있었다. SILRES BS OH 100를 처리한 세일계 암석 시편은 처리전과 비교하여 모세관물흡수계수는 48.7%가 감소되었으며, 마모 강도가 증진되는 효과를 나타내었다.