Population structure in current Korea is characterized as “aging society”. Under this aging society, the prompt and large-scale expansion of welfare for the elderly is required to meet the welfare demand. To figure out the factors influencing welfare spending, we test how the...

This study basically focuses on the analysis of the net effect of the government R&D support program on the local firms' technology development and its performance. And then it examines whether and how much R&D raises the effects of local firms' technology development and its performance. It...

Social welfare is a major issue in both developing and developed countries, including Korea. Political parties are especially struggling with the choice between universal or selective welfare but hardly any clear guidelines exist. This paper reviews universal versus selective welfare concepts...

The goal of this study is to identify the long-term relationship between housing values and interest rates in the Korean housing market, using the cointegration test and spectral analysis. The result shows a long-term negative (-) equilibrium relationship between housing values and interest...

The goal of this study is to identify the long-term relationship between housing values and interest rates in the Korean housing market, using the cointegration test and spectral analysis. The result shows a long-term negative (–) equilibrium relationship between housing values and interest...

In April 2007 UEFA's Executive Committee announced that the 2012 European Football Championship, commonly referred to as Euro 2012, will be hosted by Poland and Ukraine between 8 June and 1 July 2012. The UEFA’s decision gave rise to expectations that the organization of such a prestigious...

Defining quality of life (qol) at personal or societal level is a difficult process which largely depends on the selected determining factors. Among the various parameters having been proposed as qol determinants, leisure and culture issues have only recently found their place, as they had long...

The spatial policies for coping with the challenges of shifting demographic structures can be practically formulated if the responses of economic agents are specified according to economic incentives and motivations for labor participation by recognizing age-specific productivities. The purpose...

Creativity is typically thought of in the singular – as an attribute. Creativity and imagination are the most important ingredients for coping with post-normal times. This paper looks at the way creativity itself is being transformed in ICT sector. Creativity researchers tend to refer to...