What are the effects of expanding social pension on health? Evidence from the Basic Pension in South Korea

Pak, Tae‐Young

doi:10.1016/j.jeoa.2020.100287

Cited by 28 publications

(21 citation statements)

References 47 publications

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“…Our study has several limitations. First, the higher mortality in the trauma group raises the concern that our sample may under-represent severely traumatized individuals and over-represent those exposed to relatively low risk (Pak, 2021). Under the plausible assumption that those excluded from the sample are the most impulsive, addressing survivorship bias would lead to a stronger negative correlation between trauma exposure and self-control.…”

Section: Discussionmentioning

confidence: 99%

Traumatic Experience and Self-Control in Old Age

Choung

Pak

2022

Preprint

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The behavioral economics literature suggests that exposure to traumatic events shifts preference features like risk aversion and time preference. Drawing on this literature, this study explored the relationship between early life exposure to traumatic events and self-control at older ages. The data were obtained from the Health and Retirement Study, which offers retrospective data on trauma exposure and a measure of self-control. The results showed that the experience of serious physical attacks or assaults was associated with a 3.1% reduction in self-control, above and beyond the influence of demographic characteristics and childhood socioeconomic disadvantages. The mean number of years elapsed since the physical attack was about 30, conditional on exposure, indicating that traumatic experiences early in life exert a lasting influence on self-control. Our findings were consistent with evidence that experiences of natural disasters and armed conflicts increased impatience among survivors.JEL classification codeD12, D14, D91

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Section: Discussionmentioning

confidence: 99%

Traumatic Experience and Self-Control in Old Age

Choung

Pak

2022

Preprint

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“…The research of health economics believe that income is an important factor affecting health, and there is a significantly correlation between income and health ( 22 ). Although it is still controversial whether the increase of income have a positive or negative effect on health under the theoretical framework of health economics, relevant studies in this field have proved the direct or indirect impact of income on health ( 23 ). For example, individuals will feel depressed and frustrated by comparing with other individuals who have better income status.…”

Section: Introductionmentioning

confidence: 99%

Does Social Pension Expansion Relieve Depression and Decrease Medical Costs? Evidence From the Rural Elderly in China

Zhou

Sun

Huang

2022

Int J Public Health

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Objectives: This study was designed to explore the effect of the New Rural Pension Scheme on depressive symptoms or medical costs induced by depression.Methods: We used the Logit, OLS and 2SLS models to explore the impact of the pension on depression and medical costs. We also adopt the method of quantile regression and discontinuity regression to verify the causal relationship between the New Rural Pension Scheme and depression or medical costs induced by depression of the rural elderly.Results: We have found that the New Rural Pension Scheme decreases depressive symptoms of elderly in rural China (OR = 0.90), and the medical costs induced by depressive symptoms by 4.6%. Regression discontinuity results showed that pension significantly reduced the depressive symptoms (depression) and the medical expenditure caused by depressive symptoms (depression) by using parametric and non-parametric methods, and performing a placebo test. The mediating effect results showed that pension may improve mental health by increasing confidence about the future.Conclusion: We demonstrate that the pension significantly decreased both mental health problems and the medical expenses due to depressive symptoms and depression of elderly in rural China. Therefore, our results suggest that the Chinese government should perfect the New Rural Pension Scheme to eliminate barriers to mental health resources, especially for the rural elderly.

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“…On the basis of calculating catastrophic health expenditure, different scholars have put forward different policy suggestions (Jung and Lee, 2022 [ 28 ]; Pak, 2021 [ 29 ]). First of all, some scholars believe that the fundamental source of health problems, such as environmental pollution, should be solved (Dimitris et al, 2020 [ 30 ]; Reza et al 2019 [ 31 ]; Xu et al 2022 [ 32 ]).…”

Section: Introductionmentioning

confidence: 99%

Does Elderly Chronic Disease Hinder the Sustainability of Borderline Poor Families’ Wellbeing: An Investigation From Catastrophic Health Expenditure in China

Xu¹,

Yang²

2022

Int J Public Health

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Objectives: Health and health expenditure caused by elderly chronic diseases are a global problem. As China has just lifted itself out of poverty in 2020, the sustainable development of Borderline Poor Families’ Wellbeing faces severe challenges. Therefore, it is of great practical significance to explore the impact of elderly chronic diseases on the catastrophic health expenditure of Borderline Poor Families.Methods: Based on screening 8086 effective samples from China Health and Retirement Longitudinal Study (CHARLS) database and calculating catastrophic health expenditure, this paper uses two-part model and logit regression to discuss the impact of elderly chronic diseases on the sustainable development of Borderline Poor Families’ Wellbeing.Results: The results showed that stroke, cancer, and liver disease caused the most catastrophic health expenditures and had the greatest impact on the Borderline Poor Families’ Wellbeing.Conclusion: Therefore, in order to ensure the sustainable development of Borderline Poor Families’ Wellbeing, the government should strengthen the publicity of pre-prevention and post-healthcare of chronic diseases such as stroke, and combine pre-prevention policy with post-guarantee policy.

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What are the effects of expanding social pension on health? Evidence from the Basic Pension in South Korea

Cited by 28 publications

References 47 publications

Traumatic Experience and Self-Control in Old Age

Traumatic Experience and Self-Control in Old Age

Does Social Pension Expansion Relieve Depression and Decrease Medical Costs? Evidence From the Rural Elderly in China

Does Elderly Chronic Disease Hinder the Sustainability of Borderline Poor Families’ Wellbeing: An Investigation From Catastrophic Health Expenditure in China

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