|
KMID : 0379220240440020129
|
|
Journal of Korea Gerontological Society
2024 Volume.44 No. 2 p.129 ~ p.151
|
|
|
A Study of the Relationship between Children Providing Organizational and Financial Housekeeping to Parents: Moderating Effects of Asset
|
|
Min In-Sik
Hong Kyung-Zoon
Jeon Ye-Ji
|
|
|
Abstract
|
|
|
This study aims to elucidate the influence of sharing organizational housekeeping provided by adult children to their parents on sharing financial housekeeping, and to examine how this relationship theoretically and empirically varies with parental assets. Financial housekeeping sharing refers to the partial or complete use of household income by members together, while organizational housekeeping sharing can be defined as sharing food, having meals together, and sharing living spaces. To derive hypotheses, this study developed theoretical models on financial and organizational housekeeping sharing and their relationship with maximizing utility in households with children. Analysis was conducted using data from the 7th (2018) and 8th (2020) waves of the Korean Longitudinal Study of Aging. The main findings of this study are as follows. First, as assets increase, sharing financial housekeeping decreases. Second, when organizational housekeeping support reaches a certain level, an increase in such share leads to a decrease in sharing financial housekeeping. Third, higher parental assets result in a diminishing negative influence of amount of sharing organizational housekeeping on that of sharing financial housekeeping. The analysis results suggest that as adult children provide more non-monetary resources to parents, the amount of financial resources they provide decreases.
However, when parents have substantial assets, there seems to be little substitution effect between organizational housekeeping sharing and financial househousekeeping sharing. Based on the empirical analysis results, this study suggests the need to expand the criteria for recognizing parental support in income redistribution policies to include cases where households, despite not cohabiting, share financial and organizational housekeeping and jointly manage their livelihoods.
|
|
|
KEYWORD
|
|
|
Housekeeping Financial, Housekeeping Organizational, Common Housekeeping, Asset, Moderating Effect
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|
|
|