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Applied Micro Brown Bag

Date: Thursday, Oct 12, 2023, 12:00 ~ 13:00
Speaker: 손세호 (석박통합과정 2학기)
Location: 우석경제관(223동) 504호

◈ 주   제: Association between cash transfers and reduced suicidal ideation among elderly individuals

◈ 발표자: 손세호 (석박통합과정 2학기)

◈ 일   시: 2023년 10월 12일 목요일 12:00~13:00

◈ 장   소: 우석경제관(223동) 504호

◈ 주   관: 경제학부, 경제연구소 한국경제혁신센터, SSK, BK21 

Abstract: The suicide rate in the elderly population tends to be higher than that of any other age group globally. Economic hardship is one of the factors closely related to suicide in elderly individuals, yet the effects of preventive measures to resolve financial strains on the suicidality risk remain unclear. Our work explored the association of the cash exposure determined exogenously by the induced standard and reduced suicidal ideation among elderly individuals of a similar age. To confirm the beneficial association of the Korea’s Basic Old-Age Pension (BOAP) introduced in July 2014, Korea Health Panel Study data from 2013 and 2018 were used to analyze temporal changes in suicidal ideation risk. By using the ordered-logit model, we found that reduced suicidal ideation among elderly individuals was significantly associated with the BOAP benefit. Furthermore, the associations of cash transfers with reduced suicidal ideation were greater in individuals with lower income levels. This implies that income supplements to senior citizens with economic hardship may alleviate the suicide problem in the older population.

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