scholarly journals Dynamics of Asset Poverty in South Korea

2017 ◽  
Author(s):  
Soyoon Weon ◽  
David W. Rothwell

Following the Asian Financial Crisis of 1997, Korea has suffered what many consider to be a severe poverty problem. Despite policy efforts to reduce poverty and economic recovery in the early 2000s, poverty affects many households and certain households are at risk of staying in poverty once they are in it. Using longitudinal panel data from 2005 to 2014, this study defines three indicators of poverty based on asset holdings, rather than income. It then examines the dynamics of asset poverty in Korea across the study period. The study’s primary goal is to reveal differences across the three indicators and identify which groups of poor people in Korea have been structurally trapped in poverty. We applied a dynamic panel model of discrete choice to the Korean Welfare Panel Study (KOWEPS) from the 1st to 10th waves and show that, despite the indicator, the asset poor who experienced asset poverty in the previous surveyed year or at wave 1 are likely to fall into structural and persistent poverty over time. In addition, the probability of incurring asset poverty decreased with home ownership, higher disposable income, and greater diversification of the household portfolio. Future research should study the duration of asset poverty to complete a comprehensive picture of the asset poverty condition.

2021 ◽  
pp. 194016122110252
Author(s):  
Sebastián Valenzuela ◽  
Daniel Halpern ◽  
Felipe Araneda

Despite widespread concern, research on the consequences of misinformation on people's attitudes is surprisingly scant. To fill in this gap, the current study examines the long-term relationship between misinformation and trust in the news media. Based on the reinforcing spirals model, we analyzed data from a three-wave panel survey collected in Chile between 2017 and 2019. We found a weak, over-time relationship between misinformation and media skepticism. Specifically, initial beliefs on factually dubious information were negatively correlated with subsequent levels of trust in the news media. Lower trust in the media, in turn, was related over time to higher levels of misinformation. However, we found no evidence of a reverse, parallel process where media trust shielded users against misinformation, further reinforcing trust in the news media. The lack of evidence of a downward spiral suggests that the corrosive effects of misinformation on attitudes toward the news media are less serious than originally suggested. We close with a discussion of directions for future research.


Author(s):  
Klaus Salhofer ◽  
Paul Feichtinger

Abstract Nearly 80 per cent of Common Agricultural Policy (CAP) expenditures are spent on three different measures: first pillar payments (FPPs), agri-environmental payments (AEPs) and less favoured area payments (LFAPs). Based on a dynamic panel model and farm accounting data for Bavaria, we find that, on average, 30 per cent of FPPs, 40–50 per cent of LFAPs, but no relevant share of AEPs are capitalised into land rental prices. The capitalisation ratio varies considerably across regions. Above average capitalisation ratios for FPPs are observed in more favourable areas with high yields, a low grassland share and large farms. The same is true for LFAPs for areas with high yields, large farms and a greater share of part-time farmers.


2007 ◽  
Vol 28 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Michelle L. Stevenson ◽  
Tammy L. Henderson ◽  
Eboni Baugh

Guided by the conceptual frameworks of social support appraisal mechanisms and cultural variant perspectives, the reported experiences of 23 Black grandmothers parenting grandchildren who receive cash assistance under the current welfare program, Temporary Assistance to Needy Families (TANF), were used to integrate macro- and micro-level perspectives by exploring mechanisms used to appraise social support resources within a historical context. Mechanisms of social support appraisals included personal esteem (i.e., adaptive pride, self-reliance, and personal resources) and social penetration (i.e., family respect and responsibility, reaction to myths or stereotypical views held about poor people, and normative child-centered activities) as economically poor grandmothers demonstrated strong personal integrity and familial responsibility. Grandmothers relied on a wide range of sources for formal and informal support to provide for their grandchildren. Recommendations for future research are discussed to fortify established family defenses.


2018 ◽  
Vol 23 (3) ◽  
pp. 217-233 ◽  
Author(s):  
Stephane Hallegatte ◽  
Marianne Fay ◽  
Edward B. Barbier

AbstractBecause their assets and income represent such a small share of national wealth, the impacts of climate change on poor people, even if dramatic, will be largely invisible in aggregate economic statistics such as the Gross Domestic Product (GDP). Assessing and managing future impacts of climate change on poverty requires different metrics, and specific studies focusing on the vulnerability of poor people. This special issue provides a set of such studies, looking at the exposure and vulnerability of people living in poverty to shocks and stressors that are expected to increase in frequency or intensity due to climate change, such as floods, droughts, heat waves, and impacts on agricultural production and ecosystem services. This introduction summarizes their approach and findings, which support the idea that the link between poverty and climate vulnerability goes both ways: poverty is one major driver of people's vulnerability to climate-related shocks and stressors, and this vulnerability is keeping people in poverty. The paper concludes by identifying priorities for future research.


2021 ◽  
pp. 002200272199408
Author(s):  
Robert Böhm ◽  
Jürgen Fleiß ◽  
Robert Rybnicek

Despite the omnipresence of inter-group conflicts, little is known about the heterogeneity and stability of individuals’ social preferences toward in-group and out-group members. To identify the prevalence and stability of social preferences in inter-group conflict, we gather quota-representative, incentivized data from a lab-in-the-field study during the heated 2016 Austrian presidential election. We assess social preferences toward in-group and out-group members one week before, one week after, and three months after the election. We find considerable heterogeneity in individuals’ group-(in)dependent social preferences. Utilizing various econometric strategies, we find largely stable social preferences over the course of conflict. Yet, there is some indication of variation, particularly when the conflict becomes less salient. Variation is larger in social preferences toward in-group members and among specific preference types. We discuss the theoretical implications of our findings and outline potential avenues for future research.


2018 ◽  
Vol 2 (1) ◽  
pp. 8-21
Author(s):  
Amirusholihin ◽  
Listiono

BKKBN predicts that Indonesia will get demographic bonus in 2020 until 2030. The question is whether the demographic bonus has a positive impact on the economy of East Java or even a negative impact. Based on data from BPS, by 2015 the workingage population in East Java is around 69.4 percent of the total population, while the child and old-age is 30.6 percent. The size of the working-age population is closely related to the amount of labor, which also greatly determines the amount of output on goods and services produced. This paper aims to explain how the impact of demographic bonuses on East Java's regional economy, based on the Solow model extended to include demographic variables. The analysis uses a dynamic panel model by 38 districts in East Java that have demographic bonuses in 2020 with GDP as a reference in determining the growth of economists. From these analyzes it can be seen the impact of demographic bonuses in East Java as an advantage or even create new spatial inequality between regions.


Author(s):  
Chirok Han ◽  
Peter C. B. Phillips ◽  
Donggyu Sul

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