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The Employment Status of the Elderly in Sri Lanka: Emerging Patterns and Determinants
Author(s) -
W.G.T.S. Senanayaka,
M.H.A. Sisira Kumara
Publication year - 2015
Publication title -
vidyodaya journal of management
Language(s) - English
Resource type - Journals
ISSN - 2448-9352
DOI - 10.31357/vjm.v1i1.3651
Subject(s) - sri lanka , multinomial logistic regression , social security , socioeconomics , payment , demographic economics , household income , ethnic group , logistic regression , economics , geography , medicine , sociology , market economy , archaeology , finance , machine learning , computer science , tanzania , anthropology
By using the Sri Lanka Household Income and Expenditure Surveys in 2002, 2006/2007, and 2009/2010, this paper examines patterns and determinants of employment status of the Sri Lankan elderly. The study employs multinomial logit model to realize the research objectives. The results of the study reveal that more than 50 percent of the Sri Lankan elderly are currently inactive, yet five percent of the oldest elderly and 18 percent of the elderly with bad health conditions are engaged in labour market activities. The results further demonstrate that younger male elderly, who are married and living in female-headed households are more likely to be employed than to be inactive. The receipts of remittances, social security payments, and bad health conditions reduce the probability of being employed. At present, ethnicity does not play a significant role in determining employment status of the Sri Lankan elderly. KeywordsElderly, Employment Status, Sri Lanka

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