Full-time, part-time employment and life satisfaction of the elderly
Journal
Journal of Socio-Economics
Journal Volume
40
Journal Issue
6
Pages
815-823
Date Issued
2011
Author(s)
Yen, S.T.
Abstract
There is continued interest in employment and subjective well-being among the elderly because of the increasing proportion of elderly population in the labor force. This study investigates the association between part-time and full-time employment and life satisfaction of the elderly in Taiwan. We also examine how these associations may differ across socio-demographic groups. An ordinal treatment effect model is developed to accommodate the discrete feature of the employment decision and the potential endogeneity of these two outcomes. Using a unique sample of the elderly in Taiwan, in contrast to findings for the general population of the previous studies, we find that part-time employment is significant and positively associated with life satisfaction, while elderly with full-time employment have lower life satisfaction. These results are robust across socio-demographic groups. © 2011 Elsevier Inc.
SDGs
Type
journal article