Younger Boomers Research Articles

호텔 조직의 Y세대와 Z세대 간 세대갈등 및 관계회복의 의미

The purpose of this study is to unveil the meanings of generational conflict and relationship recovery experiences between Gen Y and Gen Z hotel employees. To this end, this study adopted the phenomenological research method of Giorgi (1985) to answer the following research questions: 1) What are the meanings of their generational conflict experiences at hotels? 2) What are the meanings of their relationship recovery experiences at hotels? The data were collected through in-depth interviews of those working at domestic hotels for at least a year. The data analysis followed an advanced five-step analysis procedure of Giorgi et al. (2017). The results revealed 12 themes, 43 meaning units, and 388 meaningful statements. First, the themes of Gen Y’s generational conflict experiences were ‘Gen Z has a free spirit’, ‘the different levels of passions and professionalism in the service field’, and ‘loneliness that no one recognizes.’ Second, the themes of Gen Z’s generational conflict experiences were ‘Gen Y are young boomers’, ‘feeling frustrated by demands for excessive service mind’, and ‘painful emotions that make me cry but hold back tears.’ Third, the themes of Gen Y’s relationship recovery experiences were ‘relationship recovery is an extension of work,' ‘I’m holding back because Gen Z is still young’, and ‘I try my best but cannot embrace everything.’ Fourth, the themes of Gen Z’s relationship recovery experiences were ‘relationship recovery is an essential choice,' ‘I was at a loss, but I felt reassured and calm’, and ‘efforts to approach first are a self-growth opportunity.’ This study provides fundamental data and in-depth insights into Gen Y and Gen Z hotel employees by exploring the meanings of their generational conflict and relationship recovery experiences.

Luxury fashion goods ownership and collecting behavior in an omni-channel retail environment

Purpose This research provides a comprehensive overview of the luxury brand cognitive and affective experience, category ownerships and consumption level of affluent adult consumers in the USA. The purpose of this study was to illuminate generational cohorts’ differences and/or similarities among the consumers regarding collecting behavior of, brand self-congruity toward and emotional brand attachment with fashion luxury brands. Design/methodology/approach Using a cross-sectional quantitative approach, the authors conducted a national, representative online survey, 443 usable responses were collected from four generational cohorts, namely, older boomers, younger boomers, Generation Xers and Millennials, who reported an annual household income of US$150,000 or more. Descriptive and multivariate statistical analyses were used to provide the empirical findings. Findings Findings suggest that there are significant differences in the luxury brands they owned the most; Millennials exhibited significantly more frequent purchases of luxury fashion goods for all retail types – both brick-and-mortar and online, as well as upscale and discount-image retailers, compared to older Baby Boomers; and there are clear distinctions of cognitive, affective and behavioral responses toward fashion luxury goods between Millennials and older Baby Boomers. For instance, Millennials are more emotionally attached to luxury fashion brands, they see themselves more aligned with the brand image, and they collect such goods significantly more, compared to the older Baby Boomers. Originality/value By providing empirical evidence of contrasting each generational group’s unique consumption behavior in terms of luxury brand goods such as ownership level (accessible vs high-end luxury), retail channel choice behavior, cognitive, affective and behavioral responses toward the luxury fashion goods, the authors provided clear strategies for the luxury brand managers regarding two distinctive segments in the luxury marketplace.

Increasing Trajectories of Multimorbidity Over Time: Birth Cohort Differences and the Role of Changes in Obesity and Income.

Chronic conditions and multimorbidity are increasing worldwide. Yet, understanding longitudinal changes in multimorbidity over the lifecourse is limited. We compared the age-trajectory of multimorbidity by birth cohort and examined effects of socio-demographic (e.g., sex, income) and behavioral risk (e.g., obesity) factors in multimorbidity. Using data from the Canadian Longitudinal National Population Health Survey (1994-2010), we examined 10,186 participants born 1925-1974 grouped in 5 birth cohorts. Data on the number of chronic conditions (up to 17), income, education, and behavioral risk factors were collected biannually. We used multilevel logistic growth modeling techniques for analyses of multimorbidity defined as the presence of 2+ chronic conditions versus 1 or none. We found significant cohort differences in the age-trajectory of multimorbidity: at corresponding ages, each succeeding recent cohort had higher odds of reporting multimorbidity than their predecessors. Access to healthcare did not fully explain these differences. Women, having lower income, being obese, smoking, and a sedentary lifestyle had increased odds of reporting multimorbidity. Obese individuals, particularly Gen Xers and younger boomers, reported multimorbidity at an earlier age than those of normal weight. We observed divergent trajectories of greater multimorbidity for lower than higher income individuals. Furthermore, after accounting for age and risk factors there was an apparent increase in reporting multimorbidity over time (period effect) across all ages. Our findings indicate that multimorbidity is not only becoming the norm, but is emerging earlier in the lifecourse and particularly for low income and obese individuals from more recent cohorts. The findings point to the importance of planning interventions and policies to deal with more recent birth cohorts entering into older age with worse health than their predecessors.

Do baby boomers use more healthcare services than other generations? Longitudinal trajectories of physician service use across five birth cohorts.

ObjectiveIn light of concerns for meeting the provision of healthcare services given the large numbers of ageing baby boomers, we compared the trajectories of primary care and specialist services use across the lifecourse of 5 birth cohorts and examined factors associated with birth cohort differences.DesignLongitudinal panel.SettingCanadian National Population Health Survey (1994–2011).PopulationSample of 10 186 individuals aged 20–69 years in 1994–1995 and who were from 5 birth cohorts: Generation X (Gen X; born: 1965–1974), Younger Baby Boomers (born: 1955–1964), Older Baby Boomers (born: 1945–1954), World War II (born: 1935–1944) and pre-World War II (born: 1925–1934).Main outcomesUse of primary care and specialist services.ResultsAlthough the overall pattern suggested less use of physician services by each successive recent cohort, this blinded differences in primary and specialist care use by cohort. Multilevel analyses comparing cohorts showed that Gen Xers and younger boomers, particularly those with multimorbidity, were less likely to use primary care than earlier cohorts. In contrast, specialist use was higher in recent cohorts, with Gen Xers having the highest specialist use. These increases were explained by the increasing levels of multimorbidity. Education, income, having a regular source of care, sedentary lifestyle and obesity were significantly associated with physician services use, but only partially contributed to cohort differences.ConclusionsThe findings suggest a shift from primary care to specialist care among recent cohorts, particularly for those with multimorbidity. This is of concern given policies to promote primary care services to prevent and manage chronic conditions. There is a need for policies to address important generational differences in healthcare preferences and the balance between primary and specialty care to ensure integration and coordination of healthcare delivery.

Digital immigrants fare better than digital natives due to social reliance

Older adult cohorts show greater external locus of control (LOC), a marker of social reliance, compared to younger cohorts. In the present study, American college students from 27 to 61 years of age participated in online courses in a graduate health science programme. Four birth-year cohorts were included: millennials, born in 1982+; generation X, born 1982–71; younger boomers, 1972–61; and older boomers, 1962–51. Pretest and posttest knowledge, digital nativism, self (internal LOC) versus social (external LOC) reliance and online activity were measured. Self versus social reliance was measured using Duttweiler's Internal Control Index, an adaptation of Rotter's Locus of Control. Millennial students were more likely to be digital natives, showed poorer knowledge application skill and were more self-reliant than older students. Older boomers represented the most socially-reliant learners, and were better at knowledge application, that is, answering questions that go ‘beyond the information given’. Older boomers were also more active in the websites associated with the online courses and were more likely to be digital immigrants rather than natives. Active participation, digital non-native status and social reliance contributed to better knowledge application. Instructors teaching millennial-age students need to encourage active, meaningful participation in applying knowledge.

The Disappearing Defined Benefit Pension and its Potential Impact on the Retirement Incomes of Boomers

This article uses a microsimulation model to estimate how freezing all remaining private-sector and one-third of all public-sector defined benefit (DB) pension plans over the next 5 years would affect retirement incomes of baby boomers. If frozen plans were supplemented with new or enhanced defined contribution (DC) retirement plans, there would be more losers than winners, and average family incomes would decline. The decline in family income would be much larger for last-wave boomers born from 1961 through 1965 than for those born from 1946 through 1950, because younger boomers are more likely to have their DB pensions frozen with relatively little job tenure. Higher DC accruals would raise retirement incomes for some families by more than their lost DB benefits. But about 26 percent of last-wave boomers would have lower family incomes at age 67, and only 11 percent would see their income increase.

Getting Tougher for the Fourth Quarter: Boomers and Physical Activity

Baby Boomers might not consider themselves as growing old but are starting to reach the last quarter of average life spans. This article asks how Boomers prepare for their fourth quarters through physical activity. Three years (1999-2001) of National Health Interview Survey data yielded 96,501 adult respondents. Dependent variables were moderate, vigorous, and strengthening activity. Old boomers (1946-1955) and young boomers (1956-1965) were compared to respondents born before 1926, after 1975, and 10-year cohorts between. SUDAAN multiple logistic regression adjusted for complex sampling structure and multiply imputed income. Age-adjusted, older cohorts showed greater likelihood of activity than younger cohorts, offsetting moderate-activity declines with age until sharp decreases at advanced age: a plateau across Boomer and younger-aged cohorts. Interventions should promote activity at intensities and frequencies to which Boomers are most receptive.

Consumption and Saving Behavior of Older and Younger Baby Boomers in Korea

The 1998 Korean Survey of Family Income and Expenditures was used to examine the overall consumption and saving behavior of Korean baby boomers and compared the differences in consumption and saving behavior between older and younger boomers. The t -test results indicated that the younger boomers allocated a significantly higher percentage of their expenditures on food away from home, household appliances, transportation and communication than did the older boomers, whereas the older boomers spent higher amounts and allocated larger budget shares on their children's education than did the younger boomers. The results of Ordinary Least-Squares (OLS) regression analysis showed that, holding other factors constant, older boomers not only spent significantly more in the total consumption expenditures and education expenditures, but older boomers also saved significantly less than did younger boomers.

Regional Comparisons of Metropolitan and Nonmetropolitan Migration in the 1970s and 1980s: Age and Place Implications*

Over the last thirty years, nonmetropolitan regions across the United States have experienced volatile population shifts ranging from rapid growth to persistent decline. Several authors have suggested that the age structure of the population may contribute to these population trends. In the 1970s, the older baby boomers were entering labor and housing markets, while the younger boomers were enrolling in nonmetropolitan colleges and universities. By the 1980s, this large cohort was aging into a different stage in the life course. This article examines metropolitan and nonmetropolitan population shifts during the 1970s and 1980s within an age-cohort framework. Using Public Use Microsample data from 1980 and 1990, the analysis explores relationships between housing market, labor market, place characteristics, and the migration flows of different age cohorts. The analysis focuses on cohort-specific in-migration to two regions: New England and the Four Corners states of Utah, Colorado, Arizona, and New Mexico. The results are consistent with a life-course understanding of migration behavior, especially during the late 1970s, with older cohort shifts directed towards nonmetropolitan destinations and younger cohort shifts more influenced by labor and housing-market variables. The results further demonstrate a large potential for future nonmetropolitan population growth, yet these growth experiences are likely to be regionally differentiated. These results have important policy implications for nonmetropolitan regions. *The authors would like to acknowledge the support of the Mellon Foundation and the comments of Dr. John Cromartie of the Economic Research Service and those of two anonymous reviewers. This work is supported by a Mellon Foundation Grant for undergraduate education in environmental studies and social sciences. This “status report” presents the results of a pilot project exploring age-cohort perspectives on metropolitan and nonmetropolitan migration streams. The results are preliminary, and the authors are grateful for the insightful comments of the anonymous reviewers. Their comments have been highly influential in the continued development of this project.

YOUNG BABY BOOMERS' WEALTH

Researchers know relatively little about the beginnings of wealth accumulation. This paper analyzes the wealth of young baby boomers, individuals born from 1957 to 1964, using a previously ignored wealth data set, the National Longitudinal Survey of Youth 1979 (NLSY79). First, a detailed data quality evaluation is performed. Findings suggest that not cleaning NLSY79 wealth data causes nonsensical results, but there are no other serious problems. Analyzing the cleaned wealth data quantifies many stylized facts. For example, the typical baby boomer's wealth holdings increase by more than $2,000 a year. Married females hold more wealth than either married or unmarried males. Finally, while young boomers start with a majority of their wealth in illiquid holdings such as automobiles and possessions, they rapidly shift their wealth holdings into homes as they grow older.