Does Financial Difficulty Damage Cognitive Function?

Material type: 文書・図像類

Author: Ishikawa, Yumi

Publisher: Osaka School of International Public Policy, Osaka University

Publication date: 2019-05-07

Material Format: Paper

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Note (General)：: This study aims to estimate the effect of financial difficulty on cognitive function in a sample of the Japanese elderly population, using a panel dat...

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Paper

Material Type: 文書・図像類
Title: Does Financial Difficulty Damage Cognitive Function?
Author/Editor: Ishikawa, Yumi
Author Heading: Ishikawa, Yumi
Publication, Distribution, etc.: Osaka School of International Public Policy, Osaka University
Publication Date: 2019-05-07
Publication Date (W3CDTF): 2019-05-07
Periodical title: OSIPP Discussion Paper
No. or year of volume/issue: DP-2019-E-005
Volume: DP-2019-E-005
Pages: 1-12
Text Language Code: eng
Subject Heading: aging
cognitive function
elderly
financial difficulty
financial situation
income
Japan
universal health coverage
Target Audience: 一般
Note (General): This study aims to estimate the effect of financial difficulty on cognitive function in a sample of the Japanese elderly population, using a panel dataset which includes randomly selected elderly Japanese citizens aged 60 and over from the National Survey of the Japanese Elderly. It is appropriate dataset to capture the effect on cognitive impairment in the sense that cognitive function can gradually degenerate after retirement in many cases. We estimate the effect of household income on the probability of the onset of cognitive impairment at a following survey point using random-effect probit model. There is a significant negative effect from financial difficulty on cognitive function. When participants’ household income drops by 1%, they are 2.2% more likely to develop cognitive impairment. Financial support plays an important role in improving recipients’cognitive function. It should be noted that we found the effect of financial difficulty even in Japan which has a universal health coverage.
References (URI): URI
http://www.osipp.osaka-u.ac.jp/archives/DP/2019/DP2019E005.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華