This study decomposes the changes in income distribution among older adults between 1996 and 2016 in South Korea. We found that income distribution among older adults worsened between 1996 and 2010 and then improved between 2010 and 2016. From 1996 to 2010, the rapid change in living arrangements was the most powerful contributor to the worsening income distribution. The decrease in market income also contributed to reducing the median income and increasing poverty. Yet, expanded public transfers cancelled out most of the negative effects of the decrease in market income. From 2010 to 2016, the change in living arrangement still significantly decreased median income and increased inequality and poverty. The increase in market income considerably contributed to the increase in median income and the decrease in poverty. Above all, the rise in public transfer income became the most influential contributor to the increase in median income and the decrease in inequality and poverty.

中文翻译：

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家庭支持下降、收入来源变化和老年人贫困：韩国的经验教训

本研究分解了 1996 年至 2016 年间韩国老年人收入分配的变化。我们发现，老年人的收入分配在 1996 年至 2010 年间恶化，然后在 2010 年至 2016 年间有所改善。从 1996 年至 2010 年，生活安排的快速变化是收入分配恶化的最有力因素。市场收入的减少也导致收入中位数下降和贫困加剧。然而，扩大的公共转移支付抵消了市场收入下降的大部分负面影响。从 2010 年到 2016 年，生活安排的变化仍然显着降低了收入中位数，加剧了不平等和贫困。市场收入的增加极大地促进了收入中位数的增加和贫困的减少。首先，