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KMID : 0379220130330030681
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Journal of Korea Gerontological Society
2013 Volume.33 No. 3 p.681 ~ p.698
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The Effects of Retirement Timing on Subjective Physical and Emotional Health
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Park Chang-Je
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Abstract
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The purpose of this study is to explores the effects of retirement timing on subjective physical and emotional health, and then discuss implications for the findings. Data from Korean Retirement and Income Study(KReIS) in 2009 were used in this study. From this dataset, 246 retired male elders and 464 retired female elders aged between 56 and 70 were selected for this study. The theoretical framework was based on Calvo`s 4 hypotheses approach explain functional relationship between retirement timing and subjective health. The results of analysis are summarized as follows. First, age is statistically significantly associated negatively with only subjective emotional health of retired male elders but is not significantly associated with subjective physical health of retired male elders,subjective physical and emotional health of retired female elders. Second, for only male elder,retirement age as retirement timing factor is significantly associated positively with subjective physical health and retirement age squared is significantly associated negatively with subjective physical health, but for female elder, these factors are not associated significantly with subjective physical health. Third, retirement age and retirement age squared are not associated significantly with subjective emotional health in both male elder and female elder. Therefore, findings on subjective physical health of male elder support to cultural-institutional functional relationship suggesting that "on time" retirements produce the best outcomes. But findings on subjective emotional health of male elder, and subjective physical and emotional health of female elder support to bio-psychological functional relationship suggesting that retirement timing do not have an effect on health.
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KEYWORD
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retirement timing, subjective health, relationship between retirement timing and subjective healths
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