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KMID : 0379220150350030745
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Journal of Korea Gerontological Society
2015 Volume.35 No. 3 p.745 ~ p.764
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The Impact of Transitions of Labour Market Status on Health for Aged over 65 in Korea
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Ahn Seo-Yeon
Lee Hyun-Joo
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Abstract
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We examine how transitions of labour market status affect health conditions such as depressive symptoms and self-reported health status among aged over 65 using Difference in Difference(DID). We use data from the Korea Welfare Panel Study over the period 2005 through 2012 and ran analyses for both sexes separately. Korea has the second highest employment rate for males aged over 65 years old, ranking behind only Mexico and Iceland among the Organisation for Economic Co-operation and Development (OECD) countries. At the same time, Korea has the highest poverty rate among people aged over 65 years old among the OECD countries. In this context, study of the impact of transitions of labour market status on health of older adults is important issue in the context of Korean society. Our results show that the depressive symptoms of those aged over 65 years old who transit from joblessness to employment is significantly lower than those who are continually non-employed for men, but the association is not confirmed for women. With respect to self-reported health status, those who became employed improved in self-reported health status while those who became non-employed worsened in their health status, both groups in comparison to those who are continually non-employed for male older adults. Transition of labour status did not affect the health status of aged women significantly.
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KEYWORD
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older adults , transition of labour market status , depressive symptoms , self-reported health status , Korean Welfare Panel Study , Difference-in-Difference
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