Assets and Life Satisfaction of Older Korean Parents: Mediating Effects of Multiple Children’s Adult Status Attainment
Bibliographic record
Abstract
This study examined if the association between older parents’ assets and life satisfaction is mediated by multiple children’s adult status attainment, given increasingly complicated processes of transition to adulthood and diminishing returns for parents’ extended investment in adult children. Disparate bodies of literature have indicated that assets help promoting older adults’ individual health and well-being; and parental assets also facilitate children’s reaching of adulthood. However, little attention has been paid to the ways in which the association between assets and life satisfaction might be explained by multiple children’s adult role statuses. Using the 5th wave of the Korean Longitudinal Study of Ageing (2014), this study analyzed a sample of parents aged 60 years and older with at least one living child aged between 30 and 50. For analyses, mediation models were estimated using SPSS PROCESS. Results showed that the association between non-financial assets and life satisfaction was partially mediated by one or more grown children’s college graduation and home ownership. Children’s employment, marriage, and parenthood did not play a major role in explicating the link between assets and life satisfaction in the contemporary socioeconomic context of Korea. Regarding policy and practice implications, comprehensive asset-building programs should be offered for parents to financially prepare for old age; parents should be informed that their overall life quality may hinge less on the lives of their children than might be typically expected, thus necessitating a more tailored approach to financially supporting their children during their transition to adulthood.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.003 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.001 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.001 | 0.000 |
| Open science | 0.000 | 0.001 |
| Research integrity | 0.000 | 0.001 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".