• Title/Summary/Keyword: subjective economic well-being

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Subjective Economic Well-Being of Consumers in Personal Financial Education (성인재무교육에서 경제복지의 주관적 평가에 관한 연구)

  • Ahn Chang-Hee;Joung Soon-Hee
    • Journal of Families and Better Life
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    • v.24 no.4 s.82
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    • pp.37-50
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    • 2006
  • The purpose of this study is to analyze the determinants of financial behaviors and subjective economic well-being in personal financial education through research targeted at adults. The results indicated by the research can be summarized as follows. First, there was a significant difference found in the changes of financial behaviors in accordance with the types of financial education programs, the time period, and the methods of financial education. Second, financial behaviors were higher when participating in profit financial education programs or in workplace financial education programs. Additionally, the increase was higher when participating in long-term programs. Third, the positive effects on subjective economic well-being were financial behaviors, participation in profitable financial education programs, unmarried and income level.

A Study on the Urban Housewives Economic Well-Being According to Family Cohesion and Adaptability (도시주부의 가족응집력과 적응력에 따른 경제복지감)

  • 계선자;한정화
    • Journal of Family Resource Management and Policy Review
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    • v.1 no.2
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    • pp.59-77
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    • 1997
  • The purpose of this study is to investigate some related factors which influence subjective economic well-being of the urban housewives, based on family cohesion and adaptability. Questionnaires were distributed to the 1,800 housewives residing in Seoul. The 1261 data obtained were analyzed by Frequency, Percentage, Mean and Multiple Regression. The major findings of this study were summarized as follows. (1) There were significant differences on the economic well-being of the urban housewives according to the social demographic variables, the objective variables, the perceptions of the subjective variables, the conjugal variables, the perceptions of the subjective economics well-being by the urban housewives were in the rank of the perceptions of the subjective(R²=.37), the objective variable(R²=.33) and the family cohesion and adaptability(R²=.28). Based on the above findings, this study concludes that the intermediary variables. such as family cohesion and adaptability are essential elements for comprehending the urban housewives’economic well-being. Accordingly in has been found that the value of family remains important factors to guide in despite the radical changes. If greater attentions should be directed to the social welfare, the quality of family life could be improved and stabilized.

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Age Effects of Social Capital on the Economic Well-Being in Korea (중년기 및 노년기 사회자본의 경제적 복지 효과 비교)

  • Seo, Jiwon
    • Journal of the Korean Home Economics Association
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    • v.51 no.2
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    • pp.207-218
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    • 2013
  • Social capital theory provides a framework for analyzing the economic well-being. The purpose of this study is to analyze the age effect of social capital by comparing middle aged and the elderly, as well as to investigate the independent effects of social capital on their subjective economic well-being, respectively. The two concepts of "trust" and "social network" were used to measure the level of social capital. Comparisons between the age groups were made regarding the relationships between social capital and economic well-being of four age groups, including younger middle-aged, older middle-aged, younger elderly, and older elderly. Data from the $2^{nd}$ wave of the Korean Longitudinal Study of Ageing (KLoSA) were used. The final sample for this analysis is 8,406 respondents aged 45~84. The major findings are as follows. First, the level of social capital, trust and social network, is statistically different by age groups. Second, the model fits in the case of model including social capital variables are all larger than their counterparts in the four age groups. Third, social capital is "resource" that can contribute to increasing the subjective economic well-being. Based on the empirical results, implications for welfare policies related with issues of social security for the elderly in Korea are provided.

What Makes Korean Youth Happy: Self-Directedness Mediates the Relationship between Parenting and Subjective Well-Being (무엇이 한국 청소년들을 행복하게 하는가: 부모의 양육행동과 주관적 안녕감의 관계에서 자율성의 매개효과)

  • Choi, Ara;Lee, Sook
    • Human Ecology Research
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    • v.57 no.4
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    • pp.499-512
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    • 2019
  • Korean adolescents have a lower subjective well-being compared to their counterparts in other Organization for Economic Co-operation and Development member countries as well as experience more psychological difficulties than adults. Previous research shows that parenting behavior has a considerable influence on adolescent subjective well-being. Additionally, the personality dimension of self-directedness, the ability to regulate personal behavior to obtain onindividual goals, has a positive influence on subjective well-being. This study analyzed the structural relationship between parenting behavior, self-directedness, and the subjective well-being of Korean adolescents as well as investigated the mediating effect of self-directedness in the relationships between parenting behaviors and the subjective well-being of adolescents. Participants were 325 middle school students in Gwangju, Korea, who completed measures of self-directedness (from the Korean Junior Temperament and Character Inventory), subjective well-being (Well-Being Scale of Adolescents in Korea), and perceived parenting behaviors (My Memories of Upbringing - Short Korean version). Results showed that emotional warmth had a statistically significant direct impact on adolescents' subjective well-being. However, the findings also indicated a statistically significant indirect impact mediated by self-directedness. Rejection and overprotection had a statistically significant indirect effect on adolescents' subjective well-being that was mediated by self-directedness. The results provide information that can be used to develop programs to improve the subjective well-being of adolescents as well as confirm the importance of parenting behavior and self-directedness during adolescence.

The Relationship between Aging Anxiety and Psychological Well-Being in Mid-life Adults: The Moderated Mediation Effect of Cognitive Flexibility and Subjective Economic Status (중년의 노화불안과 심리적 안녕감의 관계: 인지적 유연성과 주관적 경제수준의 조절된 매개효과)

  • Yang, Ok-Ji;Lee, Su-Lim
    • The Journal of the Korea Contents Association
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    • v.20 no.7
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    • pp.491-502
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    • 2020
  • This study was aimed to verify moderated mediation effect between cognitive-flexibility and subjective economic status in the process that aging anxiety have an effect on psychological well-being. For this, online survey was conducted to 317(M:159, F:158) adults who ranged from 40 to 64 years old. Survey was conducted from 2017.9.3. to 9.28. Correlation analysis, regression analysis, and significant test was done through SPSS 21.0 and SPSS Macro. First, the analysis showed that meaningful correlation was found among aging anxiety, cognitive flexibility, subjective economic status and psychological well-being. Secondly, cognitive flexibility was found to have meaningful partial mediation effect(β = .530, p < .001) in the relationship between aging anxiety and psychological well-being. Thirdly, subjective economic status was found to have a meaningful moderation effect(β = .080, 𝜟R2=.006, p <.05) in the relationship between cognitive flexibility and psychological well-being. Fourthly, verification result by SPSS Macro showed that, mediation effect of cognitive flexibility and subjective economic status was existent in the relationship of aging anxiety and psychological well-being. Lastly, implications and limitations of this study and suggestions for future studies were discussed.

Relationship Among Subjective well-being, Self-identity and Family function of Nursing Students (간호대학생의 주관적 안녕감, 자아정체감, 가족기능과의 관계)

  • Kim, Hyo-Jeong
    • The Journal of the Korea Contents Association
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    • v.14 no.2
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    • pp.376-386
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    • 2014
  • The aim of this study was to investigate the relationship among subjective well-being, self-identity and family function of nursing students. Descriptive study was conducted. The participants were 583 nursing students of three nursing colleges. Data were collected from the 1st of march 2011 to 31th of march in 2012 by using a structured questionnaire. The data were analyzed using SPSS/WIN 12.0 program. Subjective well-being showed significant differences according to gender, grade, religion, economic state, satisfaction of college life, major satisfaction and experienced clinical practice. Self-identity showed significant differences according to gender, religion, economic state, satisfaction of college life and major satisfaction. Family function showed significant differences according to economic state, major satisfaction. Subjective well-being self-identity, and family function are positive correlations each other. In conclusion, the program that consider nursing students' subjective well-being, self-identity and family function influences positive effect on the college life.

Economic well-being and life satisfaction by the comparison of couple's income (부부의 소득수준 비교에 따른 가계경제복지 및 삶 만족)

  • Huh, Kyung-Ok
    • Korean Journal of Human Ecology
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    • v.13 no.3
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    • pp.441-451
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    • 2004
  • This study categorized the households into four by the comparison of wives' and husbands' earned income, such as one with higher wives' income than husbands' in dual-earner households, with higher wives' income than husbands' in household with unemployed husbands, with lower wives' income than husbands' in dual-earner households, and with lower wives' income than husbands' in household with unemployed wives. This study compared and analyzed the objective and subjective economic well-being, and overall satisfaction of life in those households. Major results are below. First, the amount of expenditures, saving, debt were low in one-earner household with employed husbands, but average propensity to expenditure was high in those households. The amount of saving was low in one-earner households with unemployed husbands, but the average propensity to expenditure and debt were high, resulting in the low status of economic well-being. The amount of saving and monetary assets were high, but average propensity to expenditure and debt were low in households in which wives had higher income than husbands, resulting in the high status of economic well-being. Second, husbands' satisfaction for the level of family income was not different among four groups of households. Wives's satisfaction for those was the lowest when wives' income was higher than husbands', but the highest in households with unemployed wives. Wives' and husbands' expectations for the future economic well-being of the households were negative in households with unemployed husbands. On the other hand, the level of satisfaction of wives and husbands for their life was not different among four groups of households. Finally, four groups of households were discriminated by age of husbands, number of children, debt, and wives' expectation for the future economic well-being.

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A Study on the Economic Well-Being of Housewives (주부의 경제적복지에 관한 연구)

  • Lee, Kyung-Ok
    • Korean Journal of Human Ecology
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    • v.13 no.6
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    • pp.903-915
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    • 2004
  • Now in Korea, many factors-for example, unemployment rate rise, consumer prices, corporate restructuring, etc.-are threatening family economy. Thus many households are faced with an economic crisis. In this circumstances, it is the role of households as a subsystem of family system to keep family and household economy stable for the sake of family growth and development. Economic well-being is differentiated by criterion of household economic status. But it has a large scale of spectrum: household income, asset, consumption, debt and the like. Moreover, these indices have been understood and measured differently by many researchers. In this thesis, we made efforts to distinguish subjective satisfaction from objective satisfaction, and then focus on the former. The data were collected from 399 housewives living in Pusan through questionnaires.

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Effects of Objective, Subjective variables on the household economic well-being (가정경제복지에 대한 객관적, 주관적 평가 변인의 영향력)

  • 고보선
    • Journal of the Korean Home Economics Association
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    • v.33 no.6
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    • pp.269-280
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    • 1995
  • This study focused on examining the effects of Objective, Subjective variables on the household economic well-being. Data were collected from 254 financial managers in Seoul. City. Results show that the Causal model supported hypothesis. Almost of the hypothesis were supported and Perceived adequacy of resources variable was mediated between Input variables and Satisfaction with financial situation variable. The present study implicated that this model apply to family resource management research.

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Subjective Well-Being and It's Related Factors in Korean Rural Elderly (농촌지역 노인들의 주관적 행복감과 이에 관련하는 요인)

  • Lee, Sung-Kook;Kai, Ichiro
    • Journal of agricultural medicine and community health
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    • v.20 no.2
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    • pp.121-131
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    • 1995
  • This study aims 1) To explicate the multidimensional structure of a widely used measure of subjective well-being, the Philadelphia Geriatric Center(PGC) Morale Scale is used to measure health in elderly populations and 2) To examine the relationship between the socioeconomic status and related variables, health and physical disability and subjective well-being in elderly populations. The selection of subjects was determined through a survey of 672 rural dwelling elderly persons(269 males and 403 females) aged 60 years and over. The respondents were interviewed by 18 trained health workers using the questionnaire from July 4 to July 9 in 1994. The subjects were surveyed again during the period from August 1 to August 6 in 1994 to conform the questionnaire's reliability. Subjective well-being was evaluated using the Revised Questionnaire of the Philadelphia Geriatric Center(PGC) Moral Scale(17 items, Lawton, 1975). The results are as follows : 1) The item scores were intercorrelated and subjected to a principal component analysis. A rotated three-factor solution was done, accounting for 40.9% of the total variance. Thus, the PGC morale Scale can be derived from three stable factors : Factor 1 was explained "Lonely Dissatisfaction(7 items)", Factor 2 was explained "Agitation (5 items)", Factor 3 was explained "Attitude Towards Own Aging (5 items)". Further, these factors have a high degree of internal consistency, as determined by Cronbach's alpha : 0.7852. 2) The total mean score of PGC Morale Scale was 8.73. Sex, Age, Education, Current disease, Family type, Economic status, ADL, IADL were significantly difference in mean scores of PGC morale scale. 3) In the results of stepwise multiple regression analysis of subjective well-being. the most contributing factors were economic status, IADL, current disease, family type, sex and the R square was 0.23.

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