Retirement and voluntary work provision: Evidence from the Australian Age Pension reform

Zhu, Rong

doi:10.1016/j.jebo.2021.08.011

Cited by 11 publications

(4 citation statements)

References 54 publications

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“…For example, Müller and Shaikh (2018) provide empirical evidence for intra-household retirement externalities and find that individuals' health behaviors are influenced not only by their own retirement but also by their spouse's retirement. Zhu (2021) demonstrates that seniors' retirement positively affects the volunteer behavior of their family members, proving that intra-household retirement externalities indeed exist. Retirement, as an important life turning point, can create stress on retirees and those around them through spillover effects (Coe and Zamarro, 2011;Müller and Shaikh, 2018).…”

Section: Hypothesis Developmentmentioning

confidence: 91%

Retirement and household tourism consumption—A case study in China

Deng

Zhao

2022

Tourism Economics

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To date there has been little agreement on the effect of retirement on tourism consumption, and “retirement-tourism consumption puzzle” has not been empirically tested. Taking advantage of the mandatory retirement policy in China, this study adopts the fuzzy regression discontinuity design (RDD) approach to examine whether there is a “retirement-tourism consumption puzzle.” The findings indicate that the retirement of household heads significantly boosts household tourism consumption. The results also illustrate the considerable moderating effects of self-assessed health level and pension level on household tourism consumption. The research framework can be generalized to other countries to identify the effect of retirement on tourism consumption.

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Section: Hypothesis Developmentmentioning

confidence: 91%

Retirement and household tourism consumption—A case study in China

Deng

Zhao

2022

Tourism Economics

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“…Labour-force status is reported in each wave. We define retirement as in Rohwedder and Willis (2010), Zhu (2021) and Eibich et al (2022): individuals who are not in the labour force are considered to be retired. 7 The summary statistics by gender and retirement status are presented in Table 2.…”

Section: Variables and Summary Statisticsmentioning

confidence: 99%

Taking Back Control? Quasi-Experimental Evidence on the Impact of Retirement on Locus of Control

Clark,

Zhu

2023

The Economic Journal

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We use Australian panel data to examine the impact of retirement on individual locus of control, a socio-emotional skill with substantial explanatory power for a broad range of life outcomes. Exploiting the eligibility age for the Australian Age Pension, we find that retirement leads to increased internal locus of control. This greater internal control explains around one-third and one-fifth of the positive effects of retirement on health and subjective well-being, respectively. We also show that locus of control is much more malleable at retirement than the other socio-emotional skills of the Big-Five personality traits, risk and time preferences, and trust.

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“…China National Mental Health Development Report (2019–2020) pointed out that nearly one-third of the elderly are depressed, and the mental health problems of the elderly are becoming increasingly prominent, which has become a topic worthy of deep concern. As workers reach the retirement age, they can relieve their labor obligations and quit their jobs [ 6 ],and the status of the elderly is changed from busy workers to leisure retirees [ 7 ]. Self-employment enables the status of the elderly workers to continue and continue to play their own value [ 8 ], providing new ideas for improving the mental state of the elderly.…”

Section: Introductionmentioning

confidence: 99%

The impact of self-employment on mental health of the younger elderly in China

Zhou

Zhan

2023

BMC Geriatr

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Background With the prolongation of the life expectancy of the Chinese population and the intensification of the aging process of the population, the mental health problems of the elderly have become increasingly prominent. This study aims to explore whether self-employment can promote and how to promote the mental health of the elderly. Method Based on the 2018 China Longitudinal Aging Social Survey (CLASS) data, this paper uses OLS model and KHB method to verify the impact of self-employment on the mental health of the younger elderly and its mechanism. Results The results indicate that self-employment can significantly reduce the depression tendency of the younger elderly and promote their mental health. Heterogeneity analysis shows that self-employment has a more significant positive impact on the mental health of the younger elderly who are self-rated healthy, free of chronic diseases and low-level medical service utilization. The mechanism shows that self-employment can indirectly improve the mental health of the younger elderly through income growth effect and self-worth realization effect, in which the self-worth realization effect is greater than the economic effect. It illustrates that with the development of China’s economy, the elderly are pursuing more intrinsic values brought by self-employment than economic benefits. Conclusion In view of the above research results, it is suggested to encourage the elderly to actively participate in social activities, provide policy support for the younger elderly to engage in self-employment, increase government support as well as health guarantee level, and improve the subjective initiative of the elderly to participate in self-employment, so that the society can truly realize the healthy aging of “being useful and productive for the elderly”.

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Retirement and voluntary work provision: Evidence from the Australian Age Pension reform

Cited by 11 publications

References 54 publications

Retirement and household tourism consumption—A case study in China

Retirement and household tourism consumption—A case study in China

Taking Back Control? Quasi-Experimental Evidence on the Impact of Retirement on Locus of Control

The impact of self-employment on mental health of the younger elderly in China

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