This study analyzed the consumption patterns of low income households in Korea. The issues this study is interested in are the burden low income households bear in meeting their basic needs. This study also examined the factors, such as employment instability, transfer income, and debt, that influence the consumption patterns of the poor. Because of diversity of needs, the poor could be divided into several groups according to composite of consumption items. The main items are housing, health, and education. Public transfer is not enough yet so it’s influence is weak. The social policy should support the poor be secure in the area like health, housing and education.
Table Of Contents
Ⅰ. Background and Purpose of the Research 1 Ⅱ. Literature Review 7 Ⅲ. Method of Analysis 19 Ⅳ. Results 27 1. Consumption of Low-Income Households: Changes and Characteristics 29 2. Consumption Patterns of Low-Income Households 37 3. Decisive Factors of Low-Income Households’ Consumption Patterns 46 V. Policy Implications 51 Bibliography 57
