Health and Welfare Policy Forum

An Exploratory Analysis of Asset Mobility

  • Author

    Lee, Jumi

  • Page

    28-43

  • PubDate

    2026. 06.

  • Language

    kor

This article explores social mobility in Korea with particular reference to assets―resources that are readily transferable across generations and therefore help maintain the socioeconomic status of upper-class families over time, independently of labor-market outcomes such as education, occupation, and income. Using data from the Korea Welfare Panel, the analysis found that, with respect to intragenerational asset mobility, asset disparities became increasingly pronounced both between social classes and within age groups, particularly over a 10-year interval compared with a 5-year interval, indicating cumulative effects over time. The intergenerational analysis suggested that parental income class influenced the initial distribution of children’s assets and revealed a mechanism through which income-class advantages are transformed in part into asset-class advantages and transmitted across generations. The findings imply that asset mobility should be assessed not in terms of short-term fluctuations but from a long-term structural perspective. The study also offers suggestions as to how future research could go beyond the limitations of the present study in exploring asset mobility.

Attachments

공공누리 공공저작물 자유 이용허락, 출처표시, 상업적 이용 금지, 변경금지
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