Impact of volunteering on cognitive decline of the elderly
Sumedha Gupta ()
The Journal of the Economics of Ageing, 2018, vol. 12, issue C, 46-60
Cognitive decline among the elderly imposes a large welfare and health care cost on the individual as well as society. Little however is known about factors that can mitigate cognitive decline. Using seven waves of the Health and Retirement Study and a fixed effects – instrumental variable methodology, this study estimates the effects of volunteering on old age cognitive decline. Although cognitive decline is an inevitable aspect of aging, our results suggest that volunteering participation significantly forestalls its progress among individuals aged 60 years and older.
Keywords: Cognitive ability; Pro-social engagement; Volunteering; Selectivity; Health (search for similar items in EconPapers)
JEL-codes: C41 E32 I12 J14 N13 N33 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joecag:v:12:y:2018:i:c:p:46-60
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The Journal of the Economics of Ageing is currently edited by D.E. Bloom, A. Sousa-Poza and U. Sunde
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