scholarly journals Population Aging, Household Savings and Asset Prices: A Study Based on Urban Commercial Housing Prices

2019 ◽  
Vol 11 (11) ◽  
pp. 3194 ◽  
Author(s):  
Shihong Zeng ◽  
Xinwei Zhang ◽  
Xiaowei Wang ◽  
Guowang Zeng
Keyword(s):  
Asset Prices ◽  
Negative Impact ◽  
Interaction Analysis ◽  
Population Aging ◽  
Housing Prices ◽  
The Elderly ◽  
Dependency Ratio ◽  
Household Savings ◽  
Savings Rate ◽  
The Impact

Currently, China’s aging population, high savings rate and high housing asset prices coexist, which has become a hot issue in academic research. First, considering the life-cycle hypothesis and overlapping generations model, asset prices are negatively correlated with the population dependency ratio and positively correlated with household savings. Second, based on census data from prefecture-level cities, a pooled regression model and two-stage least squares (2SLS) are used in this empirical research. The child dependency ratio was found to have a significant negative impact on housing prices, while the elderly dependency ratio had a positive impact on housing prices. The positive relationship between household savings and housing prices is highly significant. Finally, the interaction analysis shows that the impact of population aging on housing prices differs under different levels of household savings; thus, population aging affects housing prices through household savings, and the mediator dilutes and weakens this impact. The elderly generation’s release of savings could gradually inhibit housing prices. Population aging causes long-run downside risks but not a market meltdown.

International Real Estate Review

2020 ◽  
Vol 23 (4) ◽  
pp. 467-482
Author(s):  
Fathali Firoozi ◽  
◽  
Abolhassan Jalilvand ◽  
Donald Lien ◽  
Mikiko Oliver ◽  
...  
Keyword(s):  
Real Estate ◽  
Economic Impact ◽  
Population Aging ◽  
Housing Prices ◽  
The Elderly ◽  
Damping Effect ◽  
The World ◽  
Behavioral Divergence ◽  
The Impact ◽  
The U.S

Population aging and its economic impact have been receiving increasing attention in many countries around the world. This study offers an analysis of the impact of aging on the housing prices in Singapore relative to the U.S. as the benchmark. The study uses semiannual series over the period of 1998 to 2019 with the age subgroups organized in 5-year intervals. The literature contains conflicting arguments on the impacts of aging on housing prices. Based on observations made for Singapore and the U.S., this study supports the arguments that the elderly part of a population has a damping effect on housing prices. A novel behavioral divergence between Singapore and the U.S. emerges when the analysis focuses on the impact of the finer age subgroups on housing prices in the two countries. The “turning age”, which is defined as the approximate cut-off age when the impact of aging on housing prices turns from positive to negative, is approximately 55 years old in Singapore and 60 years old in the U.S.

Forms of physical activity of the elderly

2020 ◽  
Vol 18 (3) ◽  
pp. 221-228
Author(s):  
Piotr Czarnecki ◽  
◽  
Justyna Podgórska-Bednarz ◽  
Lidia Perenc ◽  
◽  
...  
Keyword(s):  
Physical Activity ◽  
Elderly People ◽  
Population Aging ◽  
Human Life ◽  
Good Health ◽  
The Elderly ◽  
Polish Society ◽  
Central Statistical ◽  
Key Phrases ◽  
The Impact

Introduction. Physical activity is known to be an important factor influencing health throughout human life. This issue has become crucial for public health due to the aging of the population in both developed and developing countries. Aim. is to present a literature review on the forms of physical activity undertaken by the elderly, as well as on issues related to physical activity and the population aging. Material and methods. The study was prepared on the basis of a review of Polish and foreign literature. The following databases and data sources were used: EBSCO, ScienceDirect and Google Scholar. An additional source of data were the websites of the Central Statistical Office. Strictly defined key phrases were used during the collection of literature. The work has been divided into thematic subsections on the aging of the society, the impact of physical activity on health and the main topic, i.e. forms of physical activity selected by the elderly. Analysis of the literature. The number of elderly people in Polish society has increased by almost 3.7 million over three decades. Therefore, an important topic is prophylaxis aimed at increasing the number of days in good health, largely covering the broadly understood activation of the elderly. The available data indicate that only 12% of elderly people undertake physical activity once a week. The most common form of spending free time actively is walking (as many as 73% of people in this population declare this form of physical activity in one of the presented studies). Conclusion. Organized forms of physical activity are undertaken much less frequently by the analyzed age group mainly due to financial limitations and limited availability of sports infrastructure.

scholarly journals Health risk assessment and countermeasure analysis of the elderly population exposed to PM2.5 microenvironment

Work ◽  
2021 ◽  
pp. 1-11
Author(s):  
Yan Xu ◽  
Wantian Cui
Keyword(s):  
Mental Health ◽  
Health Risk ◽  
Elderly Population ◽  
Mental Health Problems ◽  
Negative Impact ◽  
The Elderly ◽  
Exposure Concentration ◽  
Physical Diseases ◽  
The Impact

BACKGROUND: China’s atmospheric PM2.5 pollution is serious, and PM2.5 exerts a negative impact on the human respiratory system, cardiovascular, and mental health, and even more serious health risk for the elderly with weak immunity. OBJECTIVE: This work aims to analyse the impacts of PM2.5 microenvironment exposure on the health of the elderly and provide corresponding countermeasures. METHODS: The survey subjects are 118 retired elderly people in the community. PM2.5 exposure concentrations are monitored in summer (June 10 ∼ July 10, 2019) and winter (November 25 ∼ December 25, 2019). RESULTS: The exposure concentration in winter is higher than that in summer, with statistical difference (P <  0.05). Under the impact of PM2.5 microenvironment exposure, smoking in the elderly can increase the concentration of PM2.5, and long-term exposure to PM2.5 in the elderly can cause mental health problems. CONCLUSION: Long-term exposure of the elderly to the PM2.5 microenvironment leads to physical diseases and even psychological problems, which requires attention.

scholarly journals Rethinking Elective Cataract Surgery Diagnostics, Assessments, and Tools after the COVID-19 Pandemic Experience and Beyond: Insights from the EUROCOVCAT Group

Diagnostics ◽  
2020 ◽  
Vol 10 (12) ◽  
pp. 1035
Author(s):  
Daniele Tognetto ◽  
Antoine P. Brézin ◽  
Arthur B. Cummings ◽  
Boris E. Malyugin ◽  
Ozlem Evren Kemer ◽  
...  
Keyword(s):  
Cataract Surgery ◽  
Negative Impact ◽  
Waiting Times ◽  
The Elderly ◽  
Recovery Phase ◽  
Diagnostic Tools ◽  
Special Focus ◽  
Critical Issues ◽  
Precautionary Measures ◽  
The Impact

The progressive deterioration of the visual function in patients on waiting lists for cataract surgery has a negative impact on their quality of life, especially in the elderly population. Patient waiting times for cataract surgeries in many healthcare settings have increased recently due to the prolonged stop or slowdown of elective cataract surgery as a result of coronavirus disease 19 (COVID-19). The aim of this review is to highlight the impact of such a “de-prioritization” of cataract surgery and to summarize some critical issues and useful hints on how to reorganize cataract pathways, with a special focus on perioperative diagnostic tools during the recovery phase and beyond. The experiences of a group of surgeons originating from nine different countries, named the European COVID-19 Cataract Group (EUROCOVCAT), have been combined with the literature and recommendations from scientific ophthalmic societies and healthcare institutions. Key considerations for elective cataract surgery should include the reduction of the number of unnecessary visits and examinations, adoption of precautionary measures, and implementation of telemedicine instruments. New strategies should be adopted to provide an adequate level of assistance and to guarantee safety conditions. Flexibility will be the watchword and regular updates would be necessary following scientific insights and the development of the pandemic.

City size and housing purchase intention: Evidence from rural–urban migrants in China

Urban Studies ◽  
2019 ◽  
Vol 57 (9) ◽  
pp. 1866-1886 ◽  
Author(s):  
Yanjiao Song ◽  
Chuanyong Zhang
Keyword(s):  
Purchase Intention ◽  
Negative Impact ◽  
Housing Prices ◽  
City Size ◽  
Housing Cost ◽  
Spatial Equilibrium ◽  
Registration System ◽  
Large Cities ◽  
Urban Migrants ◽  
The Impact

Despite the increased focus on housing choices among rural–urban migrants in China, there is a lack of studies on city size and housing purchase preferences. In this paper, we extend the conceptual framework of the Rosen–Roback model to analyse how city size affects rural–urban migrants’ housing purchase intention, and find that the impact of city size on the willingness to buy a house in the host city for migrants has an inverted U shape by using the China Migrants Dynamic Survey of 2014. To explain this phenomenon, we further adopt the Oaxaca–Blinder decomposition, which shows that rural–urban migrants have achieved a spatial equilibrium between housing costs and city amenities in large cities, compared with megacities and small cities. Specifically, the amenities in large cities can compensate for the negative impact of the high housing cost, making these large cities more attractive than small ones for rural–urban migrants, while rural migrants have to bear high housing prices and exclusive urban welfare because of the strict household registration system in megacities. This study thus sheds new light on the adoption of diversified housing policies to solve the housing problems of rural–urban migrants in China by considering city size.

scholarly journals Back Pain and Heart Failure in Older Adults: Findings From the Health ABC Study

2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 203-203
Author(s):  
Jie Chen ◽  
Yiming Zhang ◽  
Eleanor Simonsick ◽  
Angela Starkweather ◽  
Ming-Hui Chen ◽  
...  
Keyword(s):  
Heart Failure ◽  
Older Adults ◽  
Back Pain ◽  
Negative Impact ◽  
Smoking Status ◽  
The Elderly ◽  
Epidemiological Studies ◽  
Negative Influence ◽  
Epidemiologic Studies ◽  
The Impact

Abstract Both back pain and heart failure (HF) have negative influence on all aspects of life. Little is known about the impact of back pain on older adults with HF. We include 1295 older adults who had data collected in the 11th year (2007-2008) of the Health, Aging and Body Composition (Health ABC) study to evaluate the effect of back pain on health status among older adults with and without HF. The participants aged 79-91, 54.8% were female and 34.8% were African American. Among 94 participants with HF, 63 (67.0%) had back pain; among 1201 participants without HF, 649 (54.0%) had back pain. Females reporting back pain had 4.76 (95% CI: 1.83, 12.37) times the odds of having HF compared to those without back pain. Male with back pain, compared to those without back pain, had 1.14 times (95% CI: 0.65, 2.02) the odds of having HF. Depressive symptoms were measured by the Center for Epidemiological Studies-Depression (CES-D) scale. Performance and functions were measured by the Established Populations for Epidemiologic Studies in the Elderly (EPESE) performance score, the Health ABC performance battery score and self-reported difficulty with functional tasks. These symptom and performance measures were significantly associated with both back pain and HF, but not the interaction terms of back pain and HF after adjusting demographic variables including gender, race, smoking status and BMI category. The high incidence and negative impact of back pain highlighted the needs of developing strategies in pain management among older adults with and without HF.

scholarly journals Fiscal Policy Shocks and the Dynamics of Asset Prices in Turkey

2015 ◽  
Author(s):  
Evrim Tören ◽  
Mehmet Balcılar
Keyword(s):  
Fiscal Policy ◽  
Stock Prices ◽  
Asset Prices ◽  
Housing Prices ◽  
Banking System ◽  
Asset Markets ◽  
Important Relationship ◽  
Policy Shocks ◽  
The Government ◽  
The Impact

Asset markets and the asset prices affect financial institutions, consumers, producers and policy makers while they are making decisions. There is an important relationship not only between the financial market and banking system but also between the housing market and the credit market. Therefore, the study analyzes the impact of fiscal policy on asset prices by using beyasian vector autoregressive models. The sample data has been gathered from the Central Bank of the Republic of Turkey. The aim is to demonstrate the effects of fiscal policy shocks on stock prices and housing prices. The data covers the period between 1988:Q1 and 2014:Q2. Overall, the results confirm that the spending shocks coming from fiscal policy have a greater influence on the stock prices. In addition, the government revenue shocks are more influential on the house prices compared to the stock prices in Turkey.

scholarly journals Medical system and nutrition improvement for the rural elderly

2019 ◽  
Vol 38 (1) ◽  
Author(s):  
Zhenhua Wang ◽  
Jinqi Jiang ◽  
Qiyan Zeng
Keyword(s):  
Population Aging ◽  
Rural China ◽  
The Elderly ◽  
Rural Elderly ◽  
Medical System ◽  
Carbohydrate Intake ◽  
Nutrition Survey ◽  
Difference In Differences ◽  
Nutrition Intake ◽  
The Impact

Abstract Background Insufficient nutrition intake has negatively influenced the health of the elderly in rural China where the problem of population aging is serious. The present study aims to explore whether the medical system, called the New Rural Cooperative Medical System (NRCMS), can improve the rural elderly’s nutrition intake and the mechanism behind it. Methods The difference in differences (DID) model and the propensity score matching-difference in differences (PSM-DID) model are both performed to investigate the impact of the medical system on nutrition improvement for the rural elderly. Two thousand seven hundred eighty rural elderly samples tracked in 2000 and 2006 from the China Health and Nutrition Survey are analyzed. Indices for the elderly’s nutrition intake includes daily average intake of energy, fat, protein, and carbohydrate. Results The results show that participation in the NRCMS can significantly increase the rural elderly’s total energy intake, carbohydrate intake, and protein intake by 206.688 kcal, 36.379 g, and 6.979 g, respectively. A more significant impact of the NRCMS on nutrition intake is observed in the central and near-western where economic development is lagging behind. Also, compared to people of 18–60 age group, such impact is statistically more significant in the elderly for the carbohydrate intake. Conclusions The NRCMS can improve the rural elderly’s nutrition intake in China. As the population ages rapidly in rural China, the present study provides recommendations on how to improve nutrition and health status of the elderly from the aspect of the medical system.

Does Population Aging Affect Income Inequality?

2021 ◽  
pp. 320-335
Author(s):  
Gürçem Özaytürk ◽  
Ali Eren Alper ◽  
Fındık Özlem Alper
Keyword(s):  
Income Inequality ◽  
Pension System ◽  
Positive Impact ◽  
Population Aging ◽  
The Elderly ◽  
Dependency Ratio ◽  
Long Run ◽  
The Usa ◽  
The Uk ◽  
The Relationship

This study analyzes the relationship between the elderly dependency ratio and income inequality over the period 1972-2019 in countries such as the USA, Japan, the UK, France, Germany, Canada, and Italy, which rank top in the population aging, using the Fourier-Shin cointegration test. According to the results, the rise in the elderly dependency ratio of all countries included in the analysis, except for France, has a positive impact on income inequality. The result implying that the rise in the elderly dependency ratio increases the income inequality and renders some policy recommendations possible. Accordingly, the provision of adequate childcare programs and family aids can result in greater labor force participation in the short- and long-run. In addition, a pension system can be developed to lower the elderly dependency ratio, more money can be saved for the retirement period, and working domains can be developed for the post-retirement period.

Interaction Between Population Aging and Technological Innovation: A Chinese Case Study

2019 ◽  
Vol 23 (6) ◽  
pp. 971-979
Author(s):  
Xiang Li ◽  
Xindong Zhao ◽  
◽  
Keyword(s):  
Old Age ◽  
Technological Innovation ◽  
Population Aging ◽  
Causal Effect ◽  
The Elderly ◽  
Dependency Ratio ◽  
Age Dependency ◽  
Short Term ◽  
Age Dependency Ratio

Based on the method of unidirectional causality measure, this paper analyzes the long-term and short-term dynamic effects and causality between China’s population aging and technological innovation. According to the empirical results, first, the aging of the population will eventually have a continuous long-term impact, although it has little effect on the technology innovation in the short term. Second, when compared with the old-age dependency ratio, the child-raising ratio has a remarkable unidirectional causal effect on the technological innovation in the short term. Third, when compared with the old-age dependency ratio, the total dependency ratio has a stronger impact on the scientific and technological innovation ability, which is a long-term effect. The finding indicates that the elderly population and the children’s population have a continuous impact on China’s scientific and technological innovation, that is, the increase in social support burden affects the technological innovation for a long time.

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