113 lines
3.7 KiB
YAML
113 lines
3.7 KiB
YAML
abstract: 'Background Australians born in 2012 can expect to live about 33 years
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longer than those born 100 years earlier. However, only seven of these
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additional years are spent in the workforce. Longer life expectancy has
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driven policies to extend working life and increase retirement age; the
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current Australian policy, which has increased the eligibility for the
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pension from 65 to 67 by 2023, assumes that an improvement in longevity
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corresponds with an improvement in healthy life expectancy. However,
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there is mixed evidence of health trends in Australia over the past two
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decades. Although some health outcomes are improving among older age
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groups, many are either stable or deteriorating. This raises a question
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of how health trends intersect with policy for older Australians aged
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from 50 to 70. This paper considers the interplay between older workers''
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health and workforce participation rates over the past 15 years when
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extended workforce participation has been actively encouraged. Methods
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We compared health and economic outcomes of the older people in
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following years with the base year (start of the study period),
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adjusting for some key socio-economic characteristics such as age, sex,
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ethnicity, education and equivalized household income by applying the
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Random effects estimator with maximum likelihood estimation technique.
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Results We find that regardless of increasing longevity, the health of
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older adults aged between 50 and 70 has slightly deteriorated. In
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addition, health gaps between those who were working into their older
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age and those who were not have widened over the 15-year period.
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Finally, we find that widening health gaps linked to workforce
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participation are also accompanied by rising economic inequality in
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incomes, financial assets and superannuation. With the exception of a
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small group of healthy and very wealthy retirees, the majority of the
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older Australians who were not working had low incomes, assets,
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superannuation, and poor health. Conclusions The widening economic and
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health gap within older population over time indicates a clear and
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urgent need to add policy actions on income and health, to those that
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seek to increase workforce participation among older adults.'
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affiliation: 'Doan, T (Corresponding Author), Australian Natl Univ, Res Sch Populat
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Hlth, Canberra, ACT, Australia.
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Dinh, Huong, Australian Treasury, Canberra, ACT, Australia.
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Strazdins, Lyndall; Doan, Tinh; Do, Thuy; Yazidjoglou, Amelia; Banwell, Cathy, Australian
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Natl Univ, Res Sch Populat Hlth, Canberra, ACT, Australia.'
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article-number: '104'
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author: Dinh, Huong and Strazdins, Lyndall and Doan, Tinh and Do, Thuy and Yazidjoglou,
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Amelia and Banwell, Cathy
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author-email: tinh.doan@anu.edu.au
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author_list:
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- family: Dinh
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given: Huong
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- family: Strazdins
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given: Lyndall
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- family: Doan
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given: Tinh
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- family: Do
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given: Thuy
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- family: Yazidjoglou
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given: Amelia
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- family: Banwell
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given: Cathy
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da: '2023-09-28'
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doi: 10.1186/s13690-022-00852-z
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eissn: 2049-3258
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files: []
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issn: 0778-7367
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journal: ARCHIVES OF PUBLIC HEALTH
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keywords: Older people; Employment; Health; Economic inequality; Australia
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keywords-plus: RETIREMENT; EMPLOYMENT; EXIT
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language: English
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month: MAR 31
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number: '1'
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number-of-cited-references: '29'
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orcid-numbers: Doan, Tinh/0000-0002-2297-8187
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papis_id: 923344b8bee1dfbcba05bc1d020aa622
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ref: Dinh2022workforceparticipati
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times-cited: '0'
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title: Workforce participation, health and wealth inequality among older Australians
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between 2001 and 2015
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type: Article
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unique-id: WOS:000776927700001
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usage-count-last-180-days: '2'
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usage-count-since-2013: '8'
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volume: '80'
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web-of-science-categories: Public, Environmental \& Occupational Health
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year: '2022'
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