Income inequality in Korea has increased after the economic crisis, and the main reason for the widening of income distribution is due to the increase of the unemployed when analyzed using the Urban Household Report(UHR). However, income inequality has not decreased although the rate of unemployment decreased after 2000. Further data bases for income-related statistics are necessary to examine the exact causes of changing income inequality as a whole since the UHR covers only statistics on urban employees' wage and salary in Korea.
Income inequality in Korea has increased after the economic crisis, and the main reason for the widening of income distribution is due to the increase of the unemployed when analyzed using the Family Icome and Expenditure Survey(FIES). However, income inequality has not decreased although the rate of unemployment decreased after 2000. Further data bases for income-related statistics are necessary to examine the exact causes of changing income inequality as a whole since the FIES covers only statistics on urban employees' wage and salary in Korea.
The purpose of this study is to analyze the effects of household income drops on household economic status during economic crisis periods. Using the data taken from Korean Household Panel Study for 1996 and 1998, it was investigated how household income change affected household income, expenditure, and assets/debt. The economic status change of the income-decreased group was compared with that of the income-increased group. The major findings were as follows: Average income of the total sample was 1,905 thousand won in 1996, while 1,419 thousand won in 1998. The household of which income was decreased during the period was 65.1% of total sample. Average income of the group was reduced from 2,263 thousand won to 1,239 thousand won. Among income sources, the amount of income from real asset was found to be the highest decreasing rate, and the amounts of both business and employed-work income were reduced almost up to an half of those in two years ago. The amounts for all expenditure categories were also decreased with decreasing household income. Especially the expenditures for food away from home, leisure, durable, recreation, and vehicle-related expense were found to have the highest income elasticity. The households with decreased income were found to reduce household expenditures by 377 thousand won per month, which was 70.9% of that in 1996. Decreases in household income resulted in decreases in net wealth by 10,170 thousand won. With decreases in household income, the amounts of total insurance and private savings such as gye were decreased, and so were the amounts of real assets and monetary assets.
This study attempts to analyse the food consumption expenditure patterns of wage-Earner's Households n terms of the changes in income during 1975∼1985. For the purpose of these time-series analysis and cross-section analysis, household survey data 'Annual Report on the Family Income and Expenditure Survey'- was used. The main results can be summarized as follows : 1. The proportion of the food expenditures has decreased with the increased of income in the city families during 1975∼1985. The Income-Elasticity and limit spending habits has decreased with the increase of income in the city families during 1975∼1985. 2. Analyzing the structure of the food consumption of each income class, the results reflected the Engel's law. That is to say, the higher income was, the more absolute expense for food was, but the rate of it was.
This study analyzes the change in the contribution of the elderly to income inequality by using the Gini coefficient and the decile distribution ratio from the data of the Korea Welfare Panel Survey from 2007 to 2018 on economic inequality in old age. According to the study, the Gini coefficient of total income gradually decreased from 0.430 in 2007 to 0.383 in 2018. As a result, inequality decreased. Also, the higher the income quintile, the higher the income growth rate. Market income inequality has increased and inequality between public and private transfer income has decreased. Analysis of the contribution of income inequality to total income confirmed that public transfer income has replaced the role of private transfer income in reducing inequality over time. The expansion of public transfer income for the maintenance of basic living of the elderly is an important source of income for the elderly despite the crowding-out effect of private transfer income, market income, public and private transfer income, which are components of the income structure of the elderly, mutually complement total income. Therefore, it is important to identify income sources that contribute to alleviating income inequality among the elderly and reflect them in policy-making process.
Unmet healthcare is an important indicator for measuring accessibility of healthcare services. We analyzed the following four data from a nationally representative sample of South Korean population: Korea Health and Nutrition Examination Survey (KNHANES, 2007-2021), Community Health Survey (CHS, 2008-2021), Korea Health Panel Survey (KHP, 2011-2019), and Korean Welfare Panel Study (KOWEPS, 2006-2021). The proportion of individuals reporting unmet healthcare needs were 6.0% (KNHANES), 5.1% (CHS), and 13.1% (KHP). Annual percentage change (APC) which identifies trend for the follow-up period was -9.4%, -9.4%, and -5.3%, respectively. The proportion of individuals reporting unmet healthcare needs due to cost were 1.2% (KNAHANES), 0.5% (CHS), 2.7% (KHP), and 0.4% (KOWEPS). The APC was -10.4%, -16.1%, -11.5%, and -19.1%, respectively. Compared to the previous year, the rate of unmet healthcare needs decreased slightly, but the rate of unmet health care needs due to cost tended to increase. Overall, higher rates of unmet healthcare needs were reported in the low-income and the elderly population. Although it was confirmed through the APC that the rate of unmet healthcare experience has decreased over the past decade, it can be seen that there is still a disparity by income level and age. These results suggest the need for an appropriate health benefit coverage policy for the low-income and the elderly.
This study was conducted to identify the subjective damage caused by COVID-19 and its related factors. The study subjects were members of the Korean Dental Association (KDA). We investigated the damage to dental clinics and hospitals caused by COVID-19 between January and April 2020. After analyzing the final 3,189 responses, the rate of decrease in patients was the highest at 34.9% in March, and the rate of decrease in income was the highest at 34.0% in April. As a result of the multilevel analysis, the damage caused by COVID-19 was greater in regions with more confirmed patients, more careers, and fewer dental staff. The government should establish a compensation plan for hospitals and clinics to prevent the collapse of the medical system due to the prolonged COVID-19. In addition, support for dentistry should be provided to maintain the oral health care system in the future.
The economic crisis in $1997{\sim}1998$ caused massive unemployment and unprecedentedly increased the number of the poor in Korea. As many unemployed families fell into poverty, the poverty rate skyrocketed to higher than 10 percent. Not later than 2000, unemployment late got back to normal and real average income among urban households approached to the income level prior to the economic crisis. Although the economic crisis has been passed through, poverty was not decreased to the low level prior to the crisis by 2000. Why does it remain high? This study attempts to provide an answer to this question by analysing the poverty trend over the 1990s. Data come from the National Survey of Household Income and Expenditures 1991, 1996, and 20001. Results show that poverty was rapidly reduced in the first half period of the 1990s. This reduction in poverty is largely explained by steady and rapid economic growth. Modest improvement in income inequality also contributed. In contrast, the poverty rate considerably increased in the latter half of the 1990s. Average income was not fully recovered to its prior level, which reflected the economic crisis and the subsequent economic stagnation. Worsened income inequality led to higher poverty rate too. In addition, demographic changes increased the share of economically vulnerable types of families, such as families headed by single parents and the elderly. The most significant factor in explaining the higher poverty rate was extended income differential among non-elderly adults, while the next was the increased number of the elderly families. Yet, findings a little differ depending on which concepts of poverty to adopt. In the analyses based on the concept of absolute poverty, economic growth the most significantly affected the poverty trends in the 1999s. Changes in income inequality played the most important role in explaining the trend in relative poverty. Adopting the concepts of quasi-absolute poverty, which is preferred in this study, results show that rapid economic growth significantly reduced poverty in the first half of the 1990s and both worsened income inequality and stagnated economic growth increased poverty in the latter 1990s.
Journal of Family Resource Management and Policy Review
/
v.2
no.2
/
pp.135-145
/
1998
The purpose of this study was to examine how much the cost of marriage ceremony has increased according to the economic growth. The relationship between marriage expenditures and other comparison variables such as per capital GNP, monthly income, consumer price index was particularly examined. All the money values were adjusted by consumer price index. Data from the Central Committee for Promotion of Saving were used in this study. The results of this study follow. First, nominal and actual total outlay of marriage ceremony has continuously increased. Total marriage ceremony cost was positively correlated with the housing price so that bridegroom’s outlay were greater than that of bride’s one since bridegroom was more likely to have the responsibility for the price of new couple’s house. Second, it was found that increased percentage rate of marriage ceremony cost was greater than that of national economic growth. The total marriage expenditure was about 10 times as much per capital income in 1990. Third, it was revealed that housing cost increased three times from 1990 to 1995, and marriage ceremony expense was accordingly increased twice during the same periods. Such trends tend to increase continuously. Last, the marriage cost percentage to monthly income called marriage expenditure share increased by 1990 and then decreased. Such a decreasing trend can be explained by the increased amount of income partly due to the higher wage rate compared to other conditions since 1990.
This study compared and analyzed the effect of income-redistribution, collecting data on the basis of the estimated details of insurance contribution and individual money wage lists for each one year before and after the combination of medical insurance program for industrial workers, by systematic sampling, extracting 4,160 families(14,764 people) among people applied to medical insurance program for self employees in Taegu City on the basis of Oct. 1st in 1998 with 227 associations of medical insurance program for self employees and medical insurance program for government employees and private school teachers combined, comparing the effect of income redistribution of before and after the combination of medical insurance program for self employees. The insurance contribution by household after the combination of medical insurance program for self employees showed the increase rate of average 20.9%, among them households of 68.8% increased and 31.2% decreased. The effect of income-redistribution was more positive because the degree of inequality was more deepened from 0.64 of the before-combination to 0.45 of the after-one in decile distribution ratio, from 0.26 to 0.34 in Gini -coefficient. Decile distribution ratio on the basis of insurance benefits by household was from 0.09 in the before-combination to 0.14 in the after-one, Gini-coefficient from 0.16 in the before-combination to 0.57 in the after-one was a little lowered. And decile distribution ratio of insurance benefits on the basis of insurance contribution was higher from 1.08 in the before-combination to 1.23 in the after-one, concentration index was a little lowered from 0.14 to 0.11, the effect of income-redistribution was improved in the phase of insurance benefits. The income-transfer rate of medical insurance program for self employees (the occupied rate of insurance benefits/ the occupied rate of insurance contribution) showed a lower trend in all of the before and after-combination towards upper classes, it was known that the income-transfer rate was higher from 1st degree to 7th degree in the after-combination in comparison with the before-one, but the effect of income¬redistribution was high because the income-transfer rate was lowered from 8th degree to 10th degree. The rate of medical insurance benefits (insurance benefits/ insurance contribution) increased from 0.79 in the before-combination to 1.07 in the after-one, and showed over 1.0 under 3th degree before the combination, but all of it was higher than 1.0 under 7th degree after the combination, the after-combination was more improved than the before-one in view of the rate of insurance benefits. As the result of above, on the basis of Oct. 1st in 1998 that 227 associations of medical insurance program for self employees was combined into one, we could say that the equality of imposing medical insurance contribution was more re-considered in the after-combination than in the before-one. But this study analyzed with classes divided, anyway, on the basis of insurance contribution, we have limit in explaining the correct effect of income-redistribution, because it was not analyzed according to classes of income, though it helps to analogize the effect of income-redistribution. So there must be analysis about the effect of income-redistribution, on the basis of the system, building up the system to grasp the correct income of the insureds of medical insurance program for self employees.
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