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Are they free to make choices? Financial matters and autonomy among the older adults in India

Bakshi, Sanjeev and Pathak, Prasanta and Priyadarshini, Anamika (2012): Are they free to make choices? Financial matters and autonomy among the older adults in India.

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Abstract

Well-being is desired and drives all irrespective of age. The salience of empowerment as a means to well-being endures during the older ages also. Therefore, the present study addresses this issue in the context of ageing in India. The state of autonomy in financial matters namely, the management of owned assets and the management of owned property, is a manifestation of power. For this purpose, data sets pertaining to the 42 nd and the 52 nd rounds of the National Sample Survey have been utilized. Inferences pertaining to the logit regression models indicate that gender, marital status, employment, financial dependence and health are associated with the autonomy of the older adults. Temporal changes in these associations are also visible. In fact, inferences pertaining to the log-linear models indicate interactions among gender, marital status and autonomy. The study identifies the need of investigation into the pathways of dis-empowerment.

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