|
KMID : 0379220200400050895
|
|
Journal of Korea Gerontological Society
2020 Volume.40 No. 5 p.895 ~ p.911
|
|
|
The Effects of Employment on Depressive symptom and Life Satisfaction among Old Aged Adults - Using Propensity Score Matching and DD Method
|
|
Song Si-Young
Jun Hey-Jung
Choi Bom-I
|
|
|
Abstract
|
|
|
|
The objective of this study is to examine the effects of the economic participation of older people on mental health (life satisfaction and depressive symptoms) with robust adjustment on selection bias and the endogeneity problem. Propensity Score Matching (PSM) and Difference-in-Difference (DD) were applied using two waves (2017, 2018) of the Korean Welfare Panel Study (KoWePS). To perform PSM analysis, the treatment group was selected to include people who transitioned to economic participation within two waves and the control group was selected to include people who did not work on both waves. Multiple regression analyses on the matched sample revealed the protective effect of economic participation on depressive symptom. The beneficial effect of economic participation on life satisfaction was also found. DD analyses on the matched sample showed a significant positive effect of economic participation only on life satisfaction (p <.01). The results of this study partly support the health-promoting effects of economic participation among older people with robust statistical methods that control selection bias and the endogeneity problem. The findings of this research have important implications for strengthening policy interventions on job creation projects for older people.
|
|
|
KEYWORD
|
|
|
Economic Participation, Depressive Symptom, Life Satisfaction, Propensity Score Matching, Difference-in-Difference
|
|
|
FullTexts / Linksout information
|
|
|
|
|
|
Listed journal information
|
|
|