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KMID : 0379220190390010093
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Journal of Korea Gerontological Society
2019 Volume.39 No. 1 p.93 ~ p.108
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Poverty and Life Satisfaction of the Elderly: Mediation effect of Subjective Social Status
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Kim Joon-Beom
Jang Dae-Yeon
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Abstract
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The purpose of this study is to examine the effect of absolute / relative poverty on the life satisfaction focusing on mediation effect of subjective social status by type of elderly residents. In order to analyze the distinct characteristics of the elderly, analysis was conducted with 3,327 the elderly living together and 668 the elderly living alone using ‘Korean Longitudinal Study of Ageing( KLoSA)’from 3rd to 5th wave data provided by the Korea Employment Information Service. The main analysis results are as follows. First, each poverty rate for the elderly living together accounted for 43.5 percent and 51.4 percent, while 63.8 percent and 77.2 percent for the elderly living alone respectively. Second, life satisfaction was higher among the elderly living together than living alone, However, life satisfaction was not related to condition of poverty among the elderly living alone. Third, absolute / relative poverty were associated with life satisfaction of the elderly living together, and subjective social status had a mediating effect. However, relative poverty was not related to life satisfaction among the elderly living alone, which indicated that it needs to support not only the financial approach to overcome absolute poverty but also the multi-dimensional poverty perspective in the intervention of the elderly living alone Based on the results, the study suggested to make a tool to measure of poverty using multi-dimensional poverty indicators.
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KEYWORD
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elderly poverty, old people living together, old people living alone, subjective social status, life satisfaction
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