• Title/Summary/Keyword: maximum social welfare

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The Effect of Enhancing Unemployment Benefits in Korea: Wage Replacement Rate vs. Maximum Benefit Duration

  • KIM, JIWOON
    • KDI Journal of Economic Policy
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    • v.40 no.3
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    • pp.1-44
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    • 2018
  • This paper studies the macroeconomic effects of an enhancement in unemployment benefits in Korea. In particular, I quantify the welfare effect of two specific policy chances which have been mainly discussed among policymakers in recent years: increasing wage replacement rates by 10%p and extending maximum benefit durations by one month. To this end, I build and calibrate an overlapping generation model which reflects the heterogeneity of the unemployed and the specificity of the unemployment insurance (UI) system in Korea. The quantitative analysis conducted here shows that extending maximum benefit durations by one month improves social welfare, whereas increasing wage replacement rates by 10%p deteriorates social welfare. Extending maximum benefit durations is applied to potentially all the UI recipients, including unemployed workers whose wage before job loss is relatively low and whose marginal utility is relatively high. However, increasing wage replacement rates is applied to only a small number of UI recipients whose wage before job loss is relatively high, while the increase in the UI premium is passed onto all of the employed. This study suggests that given the current UI system and economic environment in Korea, it is more desirable to extend maximum benefit durations rather than to increase wage replacement rates in terms of social welfare.

GAME MODEL AND ITS SOLVING METHOD FOR OPTIMAL SCALE OF POWER PLANTS ENTERING GENERATION POWER MARKET

  • Tan, Zhongfu;Chen, Guangjuan;Li, Xiaojun
    • Journal of applied mathematics & informatics
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    • v.26 no.1_2
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    • pp.337-347
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    • 2008
  • Based on social welfare maximum theory, the optimal scale of power plants entering generation power market being is researched. A static non-cooperative game model for short-term optimization of power plants with different cost is presented. And the equilibrium solutions and the total social welfare are obtained. According to principle of maximum social welfare selection, the optimization model is solved, optimal number of power plants entering the market is determined. The optimization results can not only increase the customer surplus and improve power production efficiency, but also sustain normal profits of power plants and scale economy of power production, and the waste of resource can also be avoided. At last, case results show that the proposed model is efficient.

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A Study of Activities and Demand on Welfare Nursing in Korea (사회복지분야의 간호활동실태 및 간호수요에 관한 연구)

  • Kim, Young-Im
    • Research in Community and Public Health Nursing
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    • v.7 no.2
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    • pp.203-215
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    • 1996
  • Social security is concerned with ensuring all citizens maintain basic needs, community health nursing maintains and promotes health for all community members. Lately, This new area of community health nursing, concern social welfare has increased. The objectives of this study are, first, to analysis the activities of nurses at community social welfare institutes, second, to estimate nursing demand for social welfare areas. The study methods used were as literature review, an analysis of statistical data and case study etc. The analytical framework also included a demand analysis of nursing manpower in community social welfare areas. The major results are as follows; 1. Employees which work at social welfare institutes number 55,464, nursing manpower (including nurse aids) number 1,458 and this is 3% of the total employees. Within nursing manpower, nurses number 780, nurse aids number 670. 2. The rates of nurses among total employees were high in institutes for mental disorders and institutes for the age. 3. The salary level of nurses was lower than average and the rates of retirement showed a roughly middle level in welfare institutes. 4. The satisfaction level of nursing services was high, and it is the trend that nurses substitute for nurse aids which retire at social welfare institutes. 5. Nurse demand that follows legal criteria is 2,221, but only 35% are working. It is therefore insufficient from the minimum of 733 to a maximum 1433. 6. The sufficiency rates by institution were high at institutes for vagrants, aged and the handicapped. In conclusion, the conditions are of nurses which are working in with the social welfare institutes are poor. Also the number of nurses compared rates of demand were in surplus. But, the basic direction of welfare policy is universal-preventive and provision of the family and of community centered service, and nursing service demand in the social welfare institute will increase continuously, we predict. Therefore, we will need a positive plan such as the development of an inservice education program and the construction of an information collection system etc.

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Organizational Effectiveness of Social Welfare Organizations: What Can We Learn From Past Research? A Review (사회복지조직의 조직효과성 연구경향 분석)

  • Park, Ji-Hea;Park, Eun-Joo;Cho, Sang-Mi
    • Korean Journal of Social Welfare
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    • v.61 no.1
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    • pp.33-55
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    • 2009
  • This article reviews 20 empirical studies that have focused on the organizational effectiveness of social welfare organizations since 1980. The purposes of this study were to understand the organizational phenomena of social welfare organizations, to offer practical implications for organizational management and to propose direction for the further researches. Special attention has been paid to identify 1) subjects of research 2) approach and criteria of organizational effectivess and 3) critical factors that impact on organizational effectiveness. The results showed that 1) most of researches utilized samples from social welfare community centers and assisted-living facility, 2) many researches focused on internal process approach and used diverse criteria of organizational effectiveness 3) collective developmental culture, decentralized structure, transformational leadership, open relationship between organization and external environment were critical factors of organizational effectiveness. The review suggests that social welfare managers should practice diverse approach based on vision, purpose and developmental stage of each organization. The managers also should implement more conscious efforts to make supportive and fair work environment where all employees feel valued and can demonstrate their maximum potential and to respond to task environments more proactively. Further research should be conducted from diverse organizations using various research methods. More comprehensive empirical model and multidimensional measure of organizational effectiveness need to be developed.

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The effects of performing squats on an inclined board on thigh muscle activation

  • Cho, Minkwon;Kang, Ju-Yeun;Oh, Ji-Hoon;Wu, Jun-Gu;Choi, Eun-Byul;Park, Si-Eun;Choi, Matthew
    • Physical Therapy Rehabilitation Science
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    • v.6 no.1
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    • pp.39-44
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    • 2017
  • Objective: The purpose of this study is to show the effectiveness of performing squat exercises at various angles to show the maximum muscle activity of the Vastus Medialis Oblique (VMO) and Biceps femoris (BF). Design: Cross-sectional study. Methods: A total of seventeen healthy young adults (8 males and 9 females) voluntarily participated in the study. All subjects randomly performed three different squat variations as follows: A squat performed with the ankle joint at $0^{\circ}$ of incline, a squat performed with the ankle joint at $5^{\circ}$ of incline, and a squat performed with the ankle joint at $10^{\circ}$ incline. Muscle activity was measured using surface electromyography. Electrodes were placed on the VMO and BF to measure the muscle activity on the various ankle angles for comparison analysis. Results: There was a significant increase in bilateral VMO muscle activation at $10^{\circ}$ of incline compared to $0^{\circ}$ and $5^{\circ}$ (p<0.05). Greater increases in muscle activation and exercise effect was observed with increasing incline angles of the board. Changes in bilateral BF muscle activity were found; however, none were found to be significant. Conclusions: Bilateral VMO activity was found to be significant when the squats were performed at an ankle angle of $10^{\circ}$ of incline when compared to at an ankle angle of $0^{\circ}$ and $5^{\circ}$ of incline. Squats performed on an incline can be recommended as an effective method to facilitate lower extremity muscle activities.

A Nash Bargaining Solution of Electric Power Transactions Embedding Transmission Pricing in the Competitive Electricity Market

  • Kang, Dong-Joo;Kim, Balho H.;Chung, Koo-Hyung;Moon, Young-Hwan
    • KIEE International Transactions on Power Engineering
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    • v.3A no.1
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    • pp.42-46
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    • 2003
  • The economic operation of a utility in a deregulated environment brings about optimization problems different from those in vertically integrated one[1]. While each utility operates its own generation capacity to maximize profit, the market operator (or system operator) manages and allocates all the system resources and facilities to achieve the maximum social welfare. This paper presents a sequential application of non-cooperative and cooperative game theories in analyzing the entire power transaction process.

RESEARCH OF THE BEST TIMING FOR GOVERNMENT'S TERMINATION OF FREEWAY REPAIR WORK CONTRACT

  • Jin-Fang Shr;Da-Jung Chang
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.699-704
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    • 2005
  • Normally, monetary penalties for breach of agreement will be stipulated in the contract. The contractor parties, who fail to fulfill the agreement, are required to pay the other parties a certain amount or proportion of money as a fine. However, it is worth our study - whether or not the scope of monetary penalty implementation and bases for determination of a fine will cover the losses of social and administrative costs incurred by the interruption of the contract. This research is about the best timing for government to cancel the freeway repair work contracts. Under the goal of the maximum social welfare, the limitation of government spending for the social and administrative costs invoked by interruption of contracts will have to be considered to attain the best timing of contracts' suspension or deferment. According to the factors of social and administrative costs, the best time point is calculated to reduce the loss of the aforesaid costs, which can also be used as theoretical basis for the future road-widening construction at home.

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Measuring the Maximum Social Welfare Effects of Outlook Information Service for Fruits Sector in Korea (과일류 관측의 최대 사회후생 효과 계측)

  • Kim, Bae-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6646-6651
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    • 2014
  • This study was carried out to find the social welfare effects of agricultural outlook information service for fruit in Korea. The goals of an agricultural outlook information service are to improve the efficiency of the agricultural product market, and stabilize the farmer's income and consumer price. This paper introduces the results of econometric analysis for the effects of social welfare benefits. According to the results of econometric analysis for the citrus industry, the effects of the social welfare benefits were estimated to be 15,228 million KRW on apples (ratio of the total revenue, 1.5%), 3,154 million KRW on pears (ratio of the total revenue, 1.8%), 1,936 million KRW on peaches (ratio of the total revenue, 0.9%), 5,211 million KRW on grapes (ratio of the total revenue, 1.0%), 44,976 million KRW on citrus (ratio of the total revenue, 5.4%), and 2,590 million KRW on sweet persimmon (ratio of the total revenue, 0.8%) in 2012.

Correlation of Social Network Types on Health Status of Korean Elders (노인의 사회 연결망 유형과 건강상태와의 관련성)

  • Cheon, Eui-Young
    • Journal of Korean Academy of Nursing
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    • v.40 no.1
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    • pp.88-98
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    • 2010
  • Purpose: The purpose of this study was to identify the social network types of elders and to identify differences among latent classes by social network. Methods: The data of 312 elders used in this study were collected from health, welfare, and other facilities and from elders living in the community. The interviews were conducted from July 16 to September 30, 2007 using a standard, structured questionnaire. Descriptive statistics, one way ANOVA with the SPSS 15.0 program and latent class analysis using Maximum Likelihood Latent Structure Analysis (MLLSA) program were used to analyze the data. Results: Using latent class analysis, social network types among older adults were identified as diverse for 58.0% of the sample, as family for 34.0%, and as isolated for 8.0%. The health status of respondents differed significantly by network type. Elders in diverse networks had significantly higher health status and elders in isolated networks had significantly lower physical health status on average than those in all other networks. Conclusion: The results of this study suggest that these network types have important practical implications for health status of elders. Social service programs should focus on different groups based on social network type and promote social support and social integration.

Optimal capital/labor ratio in R&D sector as a policy variable

  • 유평일;장영현
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1995.09a
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    • pp.156-169
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    • 1995
  • The purpose of this paper is to investigate the role of government in innovation. That is, how much should government invest in R&D activity for social welfare enhancement. An optimal control problem is proposed to answer the above question. Because of difficulties in solving the problem, simulation utilized to find an approximate solution. All results obtained from the simulation are very similar. The investment in R&D activity increases and reaches its maximum and then decreases continuously. If the importance of technology grows the investment in R&D activity should be expanded.

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