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KMID : 1023720220770040143
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Journal of Welfare for the Aged
2022 Volume.77 No. 4 p.143 ~ p.165
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The Effects of Economic Activities on Life Satisfaction of the older people: Focus on the Mediated Moderating Effect of Leisure Time through Psychological Health
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Park In-A
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Abstract
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The purpose of this study is to provide basic data for the development of welfare policies to ensure a more successful retirement life by verifying the mediated moderating effect of leisure time in the process of economic activities of the the older people affecting life satisfaction through psychological health. To this end, data from 3,951 people aged 65 or older among the data from the 6th year of the National Old Age Security Panel were used.
For this purpose, life satisfaction was set as a dependent variable, economic activity as a independent variable, psychological health as a mediating variable, and leisure time as a moderating variable. In addition, it was verified whether leisure time has a mediated moderating effect in the process of economic activity affecting life satisfaction through psychological health. As a result of the analysis, it was found that economic activities of 65 or older directly had a positive effect on life satisfaction only in groups with more than average leisure time, increased psychological health levels, and indirectly had a positive effect on life satisfaction through this. These findings mean that sufficient leisure time must be secured together in order for economic activities in old age to contribute to improving the psychological health and life satisfaction. Therefore, it was suggested that in order to improve the satisfaction of life in old age, the elderly employment policy that supports continuing economic activities and leisure policy that can meet the various leisure needs of the 65 or older should be combined.
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KEYWORD
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the older people leisure policy, employment policy, mediated moderating effect
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