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An Exploration of the Changes in Consumption Expenditure of the Retired Households in South Korea
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  • An Exploration of the Changes in Consumption Expenditure of the Retired Households in South Korea
  • An Exploration of the Changes in Consumption Expenditure of the Retired Households in South Korea
저자명
Jun. Sangmin,Kim. So-Yun
간행물명
International journal of human ecology
권/호정보
2013년|14권 2호|pp.69-78 (10 pages)
발행정보
대한가정학회
파일정보
정기간행물|ENG|
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이 논문은 한국과학기술정보연구원과 논문 연계를 통해 무료로 제공되는 원문입니다.
서지반출

기타언어초록

This study analyzed the changes in household consumption expenditure of retired households using Korean panel data. We compared the pre and post retirement-consumption levels in different consumption categories using panel data. Paired t-test showed that changes in the consumption patterns before and after retirement were not significant except for the households in the third net worth quartile. Analyzing the effect of retirement on the level of household consumption expenditure, this study found that the effect of retirement was not significant in overall, although retirement had a negative effect on the level of consumption expenditure among households in the lowest net worth distribution. Understanding changes in consumption patterns of retiring households provides important information to design social security policies.