• Title/Summary/Keyword: young generations in Korea

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The Intergenerational Effects of Tax Policy in an Overlapping Generations Model with Housing Assets

  • LEE, YOUNG WOOK
    • KDI Journal of Economic Policy
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    • v.40 no.2
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    • pp.53-73
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    • 2018
  • Using an overlapping generations model, this paper examines tax policy effects across generations. The model incorporates housing assets separately from capital assets and includes taxes on labor income, capital income, consumption and housing assets. Tax reforms for each tax rate have different effects on tax burdens across generations and the overall efficiency of the economy, leading to different welfare costs for generations. Specifically, raising housing property taxes results in the smallest welfare loss by future generations, as in the model it does not hurt economic efficiency and the tax burden increases mainly for the elderly, who have accumulated housing assets in preparation for retirement.

A New Generational Spirit?: A Study on Welfare Attitude of Korean Young Generations (새로운 세대정신?: 한국청년세대의 복지태도 지형연구)

  • Sin-Young Kim
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.6
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    • pp.17-23
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    • 2023
  • This study purports to explore the landscape of welfare attitudes of young generation of Korea in their 20s and 30s focusing upon potential differences from those of older generations. Korea has recently been in the significant debate on pension reform and the disadvantages of relatively young generations has been on of the most crucial issues during the reform. Survey data from 17th Korean Welfare Panel are analyzed and such variable as attitudes toward government expenditure on public pension, health care, old age support, poverty, family and child care and so on. In addition, welfare-related variables such as universalism vs selectivism, tax increase for welfare expenditure, and political orientation are to be analyzed. The results show several findings. First of all, correspondence analysis shows that young generation in Korea are strongly associated with higher education and full time employment compared to older generations. Secondly, the most interested welfare issues of young generations are housing and child support. Moreover, young generations' attitudes toward government expenditure increase differ from those of older generations on the issues of public pension, housing, and family and child support. Lastly, political orientation of those young generation tend to be progressive and they support universalism in welfare policy, but they do not support tax increase for welfare purpose, which, I would say, is inconsistent.

Equity across Generations and Uncertainty within a Generation: A Welfare Analysis of the National Pension System

  • KWON, KYOOHO
    • KDI Journal of Economic Policy
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    • v.41 no.2
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    • pp.1-39
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    • 2019
  • This paper utilizes a life-cycle overlapping-generations model to quantify the welfare effects of plans to postpone the depletion of the National Pension Fund. In order for the model to incorporate the rapidly changing demographic structure of Korea fully, we build and calibrate a model in transition directly. The model is considered suitable for analyzing the effects of demographic changes on the Korean economy and the effects of plans to change the National Pension System. According to a simulation of the model, to postpone the depletion of the National Pension Fund for 30 years, the premium rate must be increased to 18.3% from the current rate of 9%. By postponing the depletion of the fund reserve, young and future generations gain significantly at the expense of the older generations. The simulation results should be, however, interpreted as meaning that the current system is unjustifiably partial to the older generations. Moreover, given the current premium rate, it is desirable to strengthen the income-redistribution function of the National Pension System.

Generation Comparison of the Factors Affecting Life Satisfaction of One-person Households (1인가구의 세대별 삶의 만족도 영향요인 비교 연구)

  • Kim, Meesook;Kim, Anna
    • The Journal of Korean Society for School & Community Health Education
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    • v.21 no.1
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    • pp.15-31
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    • 2020
  • Background and objectives: One-person households are the fastest growing family type in Korea. They bring social concerns such as weakened social integration, increasing poverty and social isolation. They are not homogeneous but heterogeneous groups depending on their socio-demographic characteristics including generation. This study compared the life satisfaction level as well as factors affecting it among the three one-person household generations Methods: The 13th wave of the Korea Welfare Panel dataset with 1,187 respondents was utilized. For data analysis Chi-square test, analysis of variance and hierarchical regression analysis were employed. Generations are divided into three, namely young adult (20-39), the middle-aged (40-64) and the elderly (65 and over). Result: The life satisfaction level was highest among the young adult one-person household generation, followed by the middle-aged and the elderly generation. The common factors affecting life satisfaction of the three generations were physical as well as mental health, including self-esteem and depression. However, there were more factors different from generation to generation. As for the young adult, age, religion, and smoking were significant. As for the middle aged and the elderly, gender (male) and income were significant. Additionally, age, home-ownership and drinking were significant to the elderly generation. Conclusions: As there are differences as well as similarities among the three generations, policies for one-person households need to be devised considering these findings. For all generations, both physical and mental health policies are needed. For young adult strengthening social relations, providing decent jobs, and promoting anti-smoking policy are major agenda, and for the middle-aged and the elderly, assisting in social capital accumulation (for male), providing stable jobs and diverse leisure activities, and securing income. Additionally, for the elderly, expanding the social security system and housing support are needed.

Cross-Cultural Study on the Infant Rearing Practices in Young Mother-Grandmother Generations of Korea, Hong-Kong, and the United States (한국의 출생의례와 아기행사 풍속의 문화간, 세대간 비교 연구: 홍콩 및 미국의 할머니 세대와 어머니 세대를 중심으로)

  • 민하영;유안진
    • Journal of the Korean Home Economics Association
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    • v.42 no.4
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    • pp.55-68
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    • 2004
  • This study investigated differences or similarities of infant rearing practices in Korea, Hong Kong and the United States and in young mothers and grandmothers generations. The silbjects were young mothers(YM) with babies from 2 to 2.5 years and their mothers or mothers-in-law(GM) in Korea(YM=118, GM=118), Hong Kong(YM= 126, GM=78) and the United States(YM= 105, GM= 105). The subjects answered questionnaires on infant rearing practices that were constructed by child study specialists in Korea, Hong Kong and the United States. Statistical analyses were by frequencies, percentages, and $\chi$$^2$ The results of this study were as follows. 1. Kum-Jut was used to announce giving birth to relatives and neighbors only in Korea. Mothers in Korea were more helped in their recovery by their mother or mother-in-law than their husband, but the opposite was the case in Hong Kong and the United States. Most Korean mothers ate special foods after giving birth, but mothers in Hong Kong and the United Slates didn't. Mothers in Korea were more likely to avoid contact with strangers for a given period of time than mothers in Hong Kong and the United States. The babies in Korea were more often named by grandparents than by parents, but most of the babies in Hong Kong and the United States were named by parents. The greater part of babies in Korea didn't have childhood names or nick names, but most babies in Hong Kong and the United States did. 2. Mothers in Korea were more likely to give a banquet, exercise Dol Jab le, share foods with neighbors, and take souvenir pictures on the baby's first birthday than mothers did in Hong Kong and the United States. Most mothers in Korea tended to think that their baby's fiyst birthday was more meaningful than the other birihdays, but most mothers in Hong Kong and the United States didn't. 3. Some differences between young mothers and grandmothers generations in infant rearing practices were found in each culture.

Cross-Cultural Study on the Pregnant and Childbirth Practices in Mother-Grandmother Generations of Korea, Hong-Kong, and the United States (임신 및 출산 풍습에 관한 비교문화연구: 한국, 홍콩 및 미국의 어머니-할머니 세대를 중심으로)

  • 민하영;유안진
    • Journal of the Korean Home Economics Association
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    • v.41 no.4
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    • pp.157-168
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    • 2003
  • This study was to investigate differences or similarities in pregnant and childbirth practices of Korea, Hong Kong and the United States and of mother-grandmother generations in each culture. The subjects were young mothers(YM) have baby from 2 to 2.5 years and their mothers or mothers-in-law(GM) in Korea(YM=118, GM=118), Hong Kong(YM=126, GM=78) and the United States(YM=105, GM=105). The subjects answered the questionnaires on pregnant and childbirth practices were constructed by specialists of child study in Korea, Hong Kong and the United States. Statistical analyses were by Frequencies, Percentages, Crosstabs, One-wav ANOVA, Scheffe' test, t-test. The results of this study were as follows. 1. Mother and grandmothers of Korea more tended to believe in supernatal being of pregnancy, to expect son, to eat a resortive and a food to help conceive, to inhibit attending a funeral at the time of childbearing, to practice fetal education than of Hong Kong and the United States did. 2. Relating sexual intercourse at the time of ovulation, maternal health care during the pregnancy, childbirth in hospital, husband's being in the hospital waiting room when their wife gave birth were much more prevailant in mothers than grandmothers did in Korea and Hong Kong.

Analysis of Shared Life between the Elderly and the Young at Homeshare in Seoul based on Case Studies

  • Suh, Kuee-Sook
    • Architectural research
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    • v.22 no.3
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    • pp.97-104
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    • 2020
  • The Homeshare Program was promoted to solve the housing problems of the elderly and the young by the Seoul City in 2012. The elderly can provide spare rooms in their homes for the young at low rental fees, and the young can provide daily services to the elderly, cooperating with each other for better housing and life. The aim of this research is to find out how the participants use the shared space and what kinds of activities are shared in homeshare. This research uses case studies, which interviews 10 cases of homeshare in Seoul. The contents of the research are investigated shared spaces of the elderly, and analyzed contents of interaction lives in shared spaces. The elderly experience loneliness while living alone, and having someone to live with gives them comfort and a sense of security, and this is one motive for participating in homeshare. The elderly and the young share many equipment and shared activities and interactions in shared space. The homeshare program makes it possible for the elderly to aging in place and have interactive relationships with different generations. Therefore, homeshare may the formation of a new family, and new dwelling utilizing the elderly's house.

A study on Recognition of and Preference for Toy Breeds between Young and Older Generations (청년 세대와 중장년 세대 간 토이 견종 인지도와 선호도에 관한 연구)

  • Shin, Yeun-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.12
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    • pp.8853-8860
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    • 2015
  • This study is to identify recognition of and preference for toy breeds between young and older generations by investigating their understating on pet dogs, difference in pet preference and reasons behind their choice of dog breeds, recognition and preference by toy breeds. A survey was conducted among 137 youths and 60 elderlies in medium/large cities and rural areas. Collected data was processed with ${\chi}^2$-test to see statistical significance. The result showed a significance of p<0.01 in recognition of pet/companion animals and toy breeds, and in pet dog preference and reasons of dog choice, along with p<0.05 in recognition and preference by toy breeds. Thus, this research to provide basic information requires to widely understand characteristics of toy breeds throughout generations due to widespread preference for such breeds and to continue research on change factors in their level of recognition and preference for the right choice when he/she decides to raise a toy dog.

A Comparative Study on the Vowel Formants between Generations in Daegu dialect - In the case of word-initial vowels - (대구 지역어의 세대 간 단모음 포먼트 비교 연구 - 어두 모음을 대상으로 -)

  • Jang, Hye-Jin;Shin, Ji-Young
    • Proceedings of the KSPS conference
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    • 2005.11a
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    • pp.97-100
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    • 2005
  • The aim of the present study is to compare the vowel formants between generations in Daegu dialect. 20 Daegu dialect speakers were participated in this study; 10 were in their 40's, the other 10were in their 20's. As a result, the distance of /ㅣ/ and /ㅐ/, and, /ㅡ/ and /ㅓ/ in 20's is further than 40's, while the distance of /ㅗ/ and in 20's is closer than 40's. It seems reasonable to conclude that vowels in Daegu dialect change to have their own stable space, but /ㅗ/ and /ㅜ/ does not.

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The Effect of Assortative Mating on Household Income, Consumption, and Asset in Korea (동질혼이 가구의 소득, 소비, 자산에 미치는 영향: 부부의 성취적 특성 및 부모의 귀속적 특성을 중심으로)

  • Seok, Jae Eun;Noh, Hye-Jin
    • Korean Journal of Social Welfare Studies
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    • v.44 no.2
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    • pp.437-463
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    • 2013
  • As polarization and class reproduction between generations are considered to be serious problems in Korean society, increasing number of assortative mating, which means marrying between homogeneous family background, income class, and educational background, is on the spotlight socially. Some worry that the increase of assortative mating can reinforce closure of social mobility so it deepens inequality and limits class mobility between generations. This research analyzes the effects of accomplishment characteristics of husbands and wives and ascriptive characteristics of parents which consist the concept of assortative mating, on income, consumption, and assets those represent economic status of a family. The purpose of this research is to suggest empirical understanding on the role of assortative mating that affect on inequality within generations and income mobility between generations in Korean society. In the result of multiple regression analysis on the effect of assortative mating on income, consumption, and assets, high educational background was the factor that increase income and consumption level as accomplishment characteristics of assortative mating. As ascriptive characteristics of assortative mating, educational homogeneous of fathers was the factor that increased asset level. While accomplishment characteristics affect income and consumption, ascriptive characteristics of homogeneous had significant effect on assets. Thus, it was found that transfer between generations had effects around asset rather than income. In particular, ascriptive characteristics in young husbands and wives aged 20s or 30s had significant effect only on the assets.