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Married women's financial support to their parents

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Frame of Image lysis in this study are as follows. Firstly, married women’s financial support to their parents occurred less than 40% and the average annual amount of the married women’s support to their parents was 704,000 won. This is quite low compared to the results of previous researches that analyzed including sons and their parents. Secondly, the possibility of financial support was higher when married woman visited to their parents frequently and married woman’s husband had a high academic qualification and monthly income. The amount of support was affected by married women’s academic qualification(+), earned income(+), number of children younger than six years old(+), frequency of visit to parents(+) and husband’s earned income(+). That is, the possibility of financial support was determined by husband’s characteristics rather than woman’s ones. However, the amount of financial support was affected by woman’s characteristics and husband’s earned income. Thirdly, husbands’ earned income has a positive(+) effect on the possibility of married women’s financial support to their parents and the amount of support means that married women, even if unemployed, provide financial support to their parents if their husband’s earned income is sufficient. From this aspect, we can understand that women’s employment and income are not essential factors for their financial support to their parents.
K ey W o r d s: Married W o m en , Financial Support, Parents
* N a t io n a l
Pension Research Insti


Full Text
Title Married women's financial support to their parents
Similar Titles
Material Type Articles
Author(English)

Kim, Jikyung

Publisher

Seoul:Korea Women's Development Institute

Date 2007-06
Journal Title; Vol./Issue The Women's Studies:vol.72(no.1)
Pages 18
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Social Development < Gender
Social Development < Others
Holding KDI School

Abstract

To investigate the factors of intergenerational financial support from
married women who do not live together with parents to their parents, this
study analyzed factors affecting whether there is married women’s
financial support and the amount of support using the data of the 7th
year(2004) of Korea Labor and Income Panel Study. The results of
empirical analysis in this study are as follows.
Firstly, married women’s financial support to their parents occurred
less than 40% and the average annual amount of the married women’s
support to their parents was 704,000 won. This is quite low compared to the
results of previous researches that analyzed including sons and their parents.
Secondly, the possibility of financial support was higher when
married woman visited to their parents frequently and married woman’s
husband had a high academic qualification and monthly income. The
amount of support was affected by married women’s academic
qualification(+), earned income(+), number of children younger than six
years old(+), frequency of visit to parents(+) and husband’s earned
income(+). That is, the possibility of financial support was determined by
husband’s characteristics rather than woman’s ones. However, the amount
of financial support was affected by woman’s characteristics and
husband’s earned income.
Thirdly, husbands’ earned income has a positive(+) effect on the
possibility of married women’s financial support to their parents and the
amount of support means that married women, even if unemployed, provide
financial support to their parents if their husband’s earned income is
sufficient. From this aspect, we can understand that women’s employment and
income are not essential factors for their financial support to their parents.