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KMID : 1001320220490030203
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Social Welfare Policy
2022 Volume.49 No. 3 p.203 ~ p.231
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Level and Causes of Economic Heterogeneity in Female-headed Households in Korea
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Hwang Eun-Jung
Kim Kyo-Seong
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Abstract
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The purpose of this study is to investigate level and causes of economic heterogeneity in female-headed households. To this end, household current income was set as a dependent variable, and the contribution of individual variables was calculated by performing regression-based inequality decomposition analysis. The labor market, household composition and asset characteristics of female householders were simultaneously considered, and the moderating effect of each variable was also examined to capture intersectional inequality. The level of economic heterogeneity of female headed households was found to be relatively high through socioeconomic characteristics and inequality indicators.
The contribution of wealth to inequality was also high, suggesting that wealth inequality is a major factor in generating household current income inequality.
Furthermore, the economic heterogeneity of the female headed household was reinforced through the interaction between wealth and household composition variables. These analysis results reveal the overlapping inequality experienced by the women group in a socio-economically disadvantaged position. It is necessary to find effective policy alternatives for the underprivileged in order to alleviate the economic heterogeneity of female headed households.
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KEYWORD
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female-headed households, economic heterogeneity, intersectionality, household composition, wealth
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