본문 바로가기
KERD
논문KCI 등재

A Study on the Effect of Social Capital on the Subjective Well-being of Older Adults -Focusing on the Mediating Effect of Financial Satisfaction-

나주몽|BROWN ALAN DIXON
한국아시아학회 (The Korean Association Of Asian Studies(Kaas))|2018.08|아시아연구 (The Journal of Asian Studies)|제21권 제3호|pp. 113-150|DOI 10.21740/jas.2018.08.21.3.113

1

조회

0

다운로드

0

인용

0

참고문헌

키워드

한국Social capitalOlder adults주관적 안녕감Subjective well-beingSouth Korea사회적 자본노년층Financial satisfaction재정 만족도
주제분류지역학

초록

An increasing number of studies show a positive link between social capital and beneficial socio-economic outcomes, and suggest social capital as an attractive means of delivering such results. In particular, social capital has a positive impact on individual subjective well-being, an important challenge facing older adults. A second factor linked to subjective well-being is financial satisfaction. The goals of this study are thus to investigate whether social capital affects the subjective well-being of older adults, and to establish if financial satisfaction mediates this relationship. South Korean data from the 6th World Values ​​Survey (2010 - 2014) are used, and regression analysis is used to carry out mediation analysis following the approach of Baron and Kenny (1986). The results of this study confirm the direct relationship between social satisfaction and subjective well-being as well as the mediating effect of financial satisfaction. The implications of this study are as follows. First, policies that build trust and norms are likely to enhance the well-being of older adults in Korea. Second, the indirect effect of social capital on the subjective well-being of older adults will be improved by financial satisfaction enhancing policies. Such policies may include financial education programs as well as improving the adequacy and stability of income through direct financial assistance, social employment, and community building projects.

Abstract

An increasing number of studies show a positive link between social capital and beneficial socio-economic outcomes, and suggest social capital as an attractive means of delivering such results. In particular, social capital has a positive impact on individual subjective well-being, an important challenge facing older adults. A second factor linked to subjective well-being is financial satisfaction. The goals of this study are thus to investigate whether social capital affects the subjective well-being of older adults, and to establish if financial satisfaction mediates this relationship. South Korean data from the 6th World Values ​​Survey (2010 - 2014) are used, and regression analysis is used to carry out mediation analysis following the approach of Baron and Kenny (1986). The results of this study confirm the direct relationship between social satisfaction and subjective well-being as well as the mediating effect of financial satisfaction. The implications of this study are as follows. First, policies that build trust and norms are likely to enhance the well-being of older adults in Korea. Second, the indirect effect of social capital on the subjective well-being of older adults will be improved by financial satisfaction enhancing policies. Such policies may include financial education programs as well as improving the adequacy and stability of income through direct financial assistance, social employment, and community building projects.

참고문헌 (58)

  1. Ateca-Amestoy, V., "Social interactions and life satisfaction: Evidence from Latin America", Journal of Happiness Studies, 15(3), pp.527~554 (2014)
  2. Baron, R., "The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations", Journal of Personality and Social Psychology, 51(6), pp.1173~1182 (1986)
  3. Bartolini, S., "Did the decline in social connections depress Americans’ happiness?", Social Indicators Research, 110(3), pp.1033~1059 (2013)
  4. Bartolini, S., "It's not the economy, stupid!How social capital and GDP relate to happiness over time", arXiv preprint arXiv:1411.2138, 1~48 (2014)
  5. Bjørnskov, C, "The happy few: Cross–country evidence on social capital and life satisfaction", Kyklos, 56(1), pp.3~16 (2003)
  6. Bjørnskov, C, "The multiple facets of social capital", European Journal of Political Economy, 22(1), pp.22~40 (2006)
  7. Bjørnskov, C, "Social capital and happiness in the United States", Applied Research in Quality of Life, 3(1), pp.43~62 (2008)
  8. Blanchflower, D., "International happiness: A new view on the measure of performance", The Academy of Management Perspectives, 25(1), pp.6~22 (2011)
  9. BROWN ALAN DIXON, "Life Satisfaction as Mediator between Social Capital and Happiness in South Korea: Evidence from the World Values Survey", 도시행정학보, 30(2), pp.25~49 (2017), 한국도시행정학회[DOI]
  10. Cannuscio, C., "Social capital and successful aging: The role of senior housing", Annals of Internal Medicine, 139(5), pp.395~399 (2003)
  11. Cramm, J., "The importance of neighborhood social cohesion and social capital for the well being of older adults in the community", The Gerontologist, 53(1), pp.142~152 (2013)
  12. De Donder, L., "Social capital and feelings of unsafety in later life: A study on the influence of social networks, place attachment, and civic participation on perceived safety in Belgium", Research on Aging, 34(4), pp.425~448 (2012)
  13. Diener, E, "Subjective well-being: The science of happiness and a proposal for a national index", American Psychologist, 55(1), pp.34~43 (2000)
  14. Diener, E., "Will money increase subjective well-being?", Social Indicators Research, 57(2), pp.119~169 (2002)
  15. Diener, E., "Handbook of Positive Psychology" (2002), Oxford University Press
  16. Forsman, A., "Structural and cognitive social capital and depression among older adults in two Nordic regions", Aging & Mental Health, 16(6), pp.771~779 (2012)
  17. Gundelach, P., "Happiness and life satisfaction in advanced European countries", Cross-cultural Research, 38(4), pp.359~386 (2004)
  18. Hamano, Tsuyoshi, "Social capital and psychological distress of elderly in Japanese rural communities", Stress and Health, 27(2), pp.163~169 (2011)
  19. 한세희, "사회자본과 주관적 안녕감의 관계: 서울시민을 대상으로", 한국행정학보, 44(3), pp.37~59 (2010), 한국행정학회
  20. Han, S., "A multilevel analysis of the compositional and contextual association of social capital and subjective well-being in Seoul, South Korea", Social Indicators Research, 111(1), pp.185~202 (2013)
  21. Hansen, T., "Financial satisfaction in old age: a satisfaction paradox or a result of accumulated wealth?", Social Indicators Research, 89(2), pp.323~347 (2008)
  22. Helliwell, J., "The social context of well-being", Philosophical Transactions of the Royal Society B, 359, pp.1435~1446 (2004)
  23. Helliwell, J., "Trust and Wellbeing", International Journal of Wellbeing, 1(1), pp.42~78 (2011)
  24. Ichida, Y., "Social capital, income inequality and self-rated health in Chita peninsula, Japan: a multilevel analysis of older people in 25 communities", Social Science & Medicine, 69(4), pp.489~499 (2009)
  25. "World Values Survey: Round Six" (2016)[URL]
  26. 정명은, "서울시민의 행복과 사회자본 관계 분석: 행복한 시민, 따뜻한 지역공동체", 서울도시연구, 15(1), pp.163~186 (2014), 서울연구원[DOI]
  27. Joo, S., "An exploratory framework of the determinants of financial satisfaction", Journal of Family and Economic Issues, 25(1), pp.25~50 (2004)
  28. 기영화, "지방정부 노인일자리사업의 사회적 자본 효과 탐색: 근거이론", 지방정부연구, 17(1), pp.265~295 (2013), 한국지방정부학회
  29. Kuroki, M, "Does social trust increase individual happiness in Japan?", The Japanese Economic Review, 62(4), pp.444~459 (2011)
  30. 이민아, "Effects of Economic and Health Conditions on the Transition to Living Alone: A Longitudinal Study on Older Koreans", Journal of Asian Sociology, 45(3), pp.591~617 (2016), 사회발전연구소[DOI]
  31. Leung, A., "Searching for happiness: The importance of social capital", Journal of Happiness Studies, 12(3), pp.443~462 (2011)
  32. Happiness, Economic Well-being, Social Capital and the Quality of Institutions, "Mota, L.", ISEG, 1~26, pp.ISEG Working Paper 40
  33. Muckenhuber, J., "Social capital affects the health of older people more strongly than that of younger people", Ageing & Society, 33(5), pp.853~870 (2013)
  34. Murayama, H., "Do bonding and bridging social capital affect self-rated health, depressive mood and cognitive decline in older Japanese? A prospective cohort study", Social Science & Medicine, 98, pp.247~252 (2013)
  35. Murayama, H., "Are neighborhood bonding and bridging social capital protective against depressive mood in old age? A multilevel analysis in Japan", Social Science & Medicine, 124, pp.171~179 (2015)
  36. Ng, W., "What matters to the rich and the poor? Subjective well-being, financial satisfaction, and postmaterialist needs across the world", Journal of Personality and Social Psychology, 107(2), pp.326~338 (2014)
  37. Nilsson, J., "Social capital and quality of life in old age: results from a cross-sectional study in rural Bangladesh", Journal of Aging and Health, 18(3), pp.419~434 (2006)
  38. Nummela, O., "Self-rated health and social capital among aging people across the urban–rural dimension", International Journal of Behavioral Medicine, 16(2), pp.189~194 (2009)
  39. Nyqvist, F., "Social capital and health in the oldest old: The Umeå 85+ study", International Journal of Ageing and Later Life, 1(1), pp.91~114 (2006)
  40. Nyqvist, F., "Social capital as a resource for mental well-being in older people: A systematic review", Aging & Mental Health, 17(4), pp.394~410 (2013)
  41. OECD, "OECD Economic Surveys: Korea 2016" (2016), OECD Publishing
  42. Onyx, J., "Volunteering and health among older people: A review", Australasian Journal on Ageing, 22(2), pp.65~69 (2003)
  43. Pan, H, "Social Capital and Life Satisfaction across Older Rural Chinese Groups: Does Age Matter?", Social Work, 63(1), pp.75~84 (2017)
  44. 박수진, "마을만들기 사업이 사회적 자본 형성에 미치는 영향에 관한 연구: 매개효과 분석을 중심으로", 도시행정학보, 28(4), pp.31~51 (2015), 한국도시행정학회
  45. Plagnol, A, "Financial satisfaction over the life course: The influence of assets and liabilities", Journal of Economic Psychology, 32(1), pp.45~64 (2011)
  46. Pollack, C., "Social capital and health among the aged: comparisons between the United States and Germany", Health & Place, 10(4), pp.383~391 (2004)
  47. Ponce, M., "Social capital, social participation and life satisfaction among Chilean older adults", Revista de Saude Publica, 48(5), pp.739~749 (2014)
  48. Portela, M., "Social capital and subjective wellbeing in Europe: A new approach on social capital", Social Indicators Research, 114(2), pp.493~511 (2013)
  49. Puntscher, S., "The impact of social capital on subjective well-being: A regional perspective", Journal of Happiness Studies, 16(5), pp.1231~1246 (2015)
  50. Putnam, R., "Bowling alone: The collapse and revival of American community" (2001), Simon and Schuster
  51. Putnam, R., "Making democracy work: Civic traditions in modern Italy" (1993), Princeton University Press
  52. Rodríguez-Pose, A., "Social capital and individual happiness in Europe", Journal of Happiness Studies, 15(2), pp.357~386 (2014)
  53. Four interpretations of social capital, "Scrivens, K.", OECD, 2~70, pp.OECD Statistics Working Papers, 6 (2013)
  54. "Population projections: 2010-2060" (2011)[URL]
  55. Vera-Toscano, E., "Building financial satisfaction", Social Indicators Research, 77(2), pp.211~243 (2006)
  56. Xiao, J., "Consumer financial capability and financial satisfaction", Social Indicators Research, 118(1), pp.415~432 (2014)
  57. Yamaoka, K, "Social capital and health and well-being in East Asia: a population-based study", Social Science & Medicine, 66(4), pp.885~899 (2008)
  58. Yip, W, "Does social capital enhance health and well-being? Evidence from rural China", Social Science & Medicine, 64(1), pp.35~49 (2007)

관련 논문AI추천

Four Sources of Trust and Life Satisfaction for Korean Elders이기홍한국사회과학협의회 · Korean Social Science Journal2009 · 제36권 제1호The Moderating Role o f Subjective Social S tatus in the Relationship between Housing and Medical Costs and Life Satisfaction among Older Adults in Korea지윤호, Moon Joonho사람과세계경영학회 · Global Business and Finance Review2025 · 제30권 제3호The Relationship Between Social Capital, the Happiness of Others, and the Happiness of Korean Adults: A National Sample Study배성만, Jo-Eun Lee대한신경정신의학회 · PSYCHIATRY INVESTIGATION2022 · 제19권 제11호노인의 자산수준에 의한 건강불평등과 사회자본의매개효과노재현, 신용석, 원도연재단법인 경기연구원 · GRI연구논총2017 · 제19권 제3호The Elderly’s Life Satisfaction Recognition to Income Inequality : Focusing on Mediation Effects of Finance StressJong-Jin Kim한국유통과학회 · 산경연구논집2018 · 제9권 제4호자산유형과 고령자 삶의 만족도: 사회적지지의 매개효과를 중심으로장항채성균관대학교 국정전문대학원 · 국정관리연구2018 · 제13권 제4호

이 간행물의 다른 논문 (8건)

미얀마 여카잉 지역 내 무슬림 사회 형성의 역사적 고찰김인아pp. 1-22베트남의 지속가능한 소수민족 관광 역량개발에 관한 연구최호림pp. 23-50필리핀 경제특구의 성격 변화와 까비테 지역의 한국 투자기업엄은희pp. 51-84A Study on the Sustainable Education Development in Environmental Awareness of Philippine마라시간, 김건도pp. 85-112대만 보이스피싱 범죄조직 국내 활동 분석신상철pp. 151-192
원문 보기