Recent Poverty Trends in Korea: With Special Reference to One-Person Households

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dc.contributor.authorLim, Wan-sub
dc.date.accessioned2017-06-02T05:34:54Z
dc.date.available2017-06-02T05:34:54Z
dc.date.issued2017-03-31
dc.identifier.urihttp://repository.kihasa.re.kr/handle/201002/21455
dc.description.abstractKorea’s disposable-income poverty rate has been declining steadily over the recent years without notable volatility. As shown in Figure 1, the disposable-income poverty rate was at its highest in 2009, when, in the aftermath of the 2007 global financial crisis, the Korean economy was in dire recession. However, whereas the poverty-reduction effect of public transfers has grown to a great extent, the market-income poverty rate in general, and the poverty rate of one-person households in particular, have turned upward of late. [Absolute poverty rate as used in this study is defined as the proportion of households living below the nationally-set subsistence level; relative poverty here means below 50 percent of the median income; market income is composed of earned income, business income, property income and private transfers; ordinary income consists of two components, market income and public transfers; public transfers include public pension, basic (old-age) pension, cash social benefits and in-kind social transfers; and disposable income is current income minus current tax and social security contributions.]
dc.formatapplication/pdf
dc.format.extent5
dc.languageeng
dc.publisher한국보건사회연구원
dc.rightsAttribution-NonCommercial-NoDerivs 2.0 Korea
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/2.0/kr/
dc.titleRecent Poverty Trends in Korea: With Special Reference to One-Person Households
dc.typeArticle
dc.contributor.alternativeName임완섭
dc.citation.titleResearch in Brief
dc.citation.number21
dc.identifier.bibliographicCitationResearch in Brief, no. 21

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