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Determinants of the Sub jective Health and S tress of Korean Youths during the COVID-19 Pandemic: The Moderating Effect of Financial Condition

지윤호|Moon Joonho
사람과세계경영학회 (People&Global Business Association)|2024.12|Global Business and Finance Review|제29권 제11호|pp. 16-30|DOI 10.17549/gbfr.2024.29.11.16

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키워드

StressSubjective healthHousing expenseTransportation expenseTelecommunication expenseFinancial condition

초록

Purpose: The purpose of this study is to examine the determinants of subjective health and stress among Korean youths during the COVID-19 pandemic. Design/methodology/approach: Youth Panel data were used for the analysis. The study period was the year 2020, and a total of 2,563 observations were collected. Findings: Multiple linear regression was employed for the data analysis. The results indicate that subjective health was negatively affected by stress, housing expenses, and telecommunication expenses. However, transportation expenses exerted a positive effect on subjective health. Research limitations/implications: The results also revealed that stress was positively affected by housing and telecommunication expenses, whereas stress was negatively impacted by transportation expenses. The results could inform policies relevant to Korean youths. Originality/value: The study's results provide valuable information that can be used to develop policies that are relevant to Korean youth. In particular, the research findings can serve as a reference for policymakers when allocating budgets for youth welfare policies.

Abstract

Purpose: The purpose of this study is to examine the determinants of subjective health and stress among Korean youths during the COVID-19 pandemic. Design/methodology/approach: Youth Panel data were used for the analysis. The study period was the year 2020, and a total of 2,563 observations were collected. Findings: Multiple linear regression was employed for the data analysis. The results indicate that subjective health was negatively affected by stress, housing expenses, and telecommunication expenses. However, transportation expenses exerted a positive effect on subjective health. Research limitations/implications: The results also revealed that stress was positively affected by housing and telecommunication expenses, whereas stress was negatively impacted by transportation expenses. The results could inform policies relevant to Korean youths. Originality/value: The study's results provide valuable information that can be used to develop policies that are relevant to Korean youth. In particular, the research findings can serve as a reference for policymakers when allocating budgets for youth welfare policies.

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