Young people of Korea still have a lower poverty rate than other age groups, but in light of the labor market situation, youth poverty may become a serious social problem in the future. Therefore, it is necessary to analyze the poverty situation of Korean young people more deeply and to call attention to the policy interest. Through the multidimensional approach to poverty, we analyze the multidimensional poverty characteristics of Korean youth and identify the differences from those of income poverty. Finally, the direction of future youth policies re presented.
Table Of Contents
Ⅰ. Introduction 1 Ⅱ. Literature Review 9 1. Youth Poverty 11 2. Multidimensionality of Poverty 13 Ⅲ. Methods 19 1. Overview 21 2. Dimensions and Indicators of Poverty 22 3. Deciding the Dimensions and Indicators Based upon Expert Surveys 25 4. Deciding the Poverty Lines 27 5. Poverty Rates by Dimension and Indicator 31 6. Weights of Indicators 32 7. Measuring Lifecycle-Specific Poverty 36 Ⅳ. Results 37 1. Multidimensional Poverty Under Equal Weights 40 2. Multidimensional Poverty Under Nested Weights 45 3. Multidimensional Poverty Under Participatory Weights 50 Ⅴ. Conclusion and Policy Implications 57 References 63
