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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
medicine
Economic Downturns, Retirement and Long-Term Cognitive Function among Older Americans
Journals of Gerontology - Series B Psychological Sciences and Social Sciences, Volume 73, No. 4, Year 2018
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Description
Objective Workers approaching retirement may be particularly vulnerable to economic downturns. This study assesses whether exposure to economic downturns around retirement age leads to poorer cognitive function in later life. Method Longitudinal data for 13,577 individuals in the Health and Retirement Study were linked to unemployment rates in state of residence. Random-and fixed-effect models were used to examine whether downturns at 55-64 years of age were associated with cognitive functioning levels and decline at ≥65 years, measured by the Wechsler Adult Intelligence Scale-Revised. Results Longer exposure to downturns at 55-64 years of age was associated with lower levels of cognitive function at ≥65 years. Compared to individuals experiencing only up to 1 year in a downturn at 55-64 years of age, individuals experiencing two downturns at these ages had 0.09 point (95% Confidence Interval [CI,-0.17,-0.02]) lower cognitive functioning scores at ≥65 years (3 years: b =-0.17, 95%CI [-0.29,-0.06]; 4 years: b =-0.14, 95%CI [-0.25,-0.02]; ≥5 years: b =-0.22, 95%CI [-0.38,-0.06]). Downturns at 55-64 years of age were not associated with rates of cognitive decline. Discussion Exposure to downturns around retirement is associated with a long-lasting decline in cognitive function in later life. Policies mitigating the impact of downturns on older workers may help to maintain cognitive function in later life. © 2017 The Author(s).
Authors & Co-Authors
Hessel, Philipp
United States, Cambridge
Harvard University
Colombia, Bogota
Universidad de Los Andes, Colombia
Riumallo-Herl, Carlos Javier
United States, Boston
Harvard T.h. Chan School of Public Health
Berkman, Lisa F.
United States, Cambridge
Harvard University
United States, Boston
Harvard T.h. Chan School of Public Health
Avendano, Mauricio
United States, Boston
Harvard T.h. Chan School of Public Health
United Kingdom, London
King's College London
Statistics
Citations: 8
Authors: 4
Affiliations: 5
Identifiers
Doi:
10.1093/geronb/gbx035
ISSN:
10795014
Study Design
Cohort Study