|
KMID : 1001320140410040227
|
|
Social Welfare Policy
2014 Volume.41 No. 4 p.227 ~ p.251
|
|
|
Is the Poor’s Asset a Substitution or a Complement of Income in terms of Social Assistance Program?
|
|
Han Sin-Sil
Jang Dong-Yeol
|
|
|
Abstract
|
|
|
|
This paper object the validity of the method to calculate income converted amount of residential property, especially house, and examines the effect of that on a poverty phase. Main results are as follows; firstly, when residential property is converted into income, the poverty rate below minimum cost of living is 8.7%, but when residential property is not converted into income, the rate is 9.4%. Secondly, the possession of residential property increases the balance for living cost. Lastly, the design to calculate income converted amount of residential property would impede to emerge from poverty and also, accelerate to sink into poverty. As a result, this paper should underline the means test, which calculate income converted amount of residential property will worsen the efficiency of the allowance of public assistance and be an obstacle to achieve the purpose of public assistance.
|
|
|
KEYWORD
|
|
|
Basic Livelihood Security, Conversion of property into income, Residential property, Asset-Building strategy
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|
|