Differences in Multidimensional Poverty According to Householders’ Gender and Age in South Korea

Abstract

This study examines multidimensional poverty according to householders’ gender and age in South Korea. Using the counting approach, multidimensional poverty was measured on six dimensions: money, health, housing, employment, social protection, and social relations. The results indicate that the monetary dimension does not cover other deprived dimensions. In terms of poverty rate, female-headed households are more deprived on all six dimensions. The headcount ratio and adjusted headcount ratio gradually decrease as the cutoff value of multidimensional poverty increases. The decreasing tendency is more moderate for female-headed households than for male-headed households, indicating that female-headed households face more weighted poverty dimensions. Our study found that the poverty dimension demonstrates different patterns according to householders’ age. For the older group, health is the second most contributing factor, and for the younger group housing and social protection contributed more to multidimensional poverty than for the older group.