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Elderly Policy

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Optimizing finance and health for the elderly

 

Professor Chou Kee-lee's research establishes a theoretical framework for financial and health planning for retirement by identifying effective pathways to sound financial and mental health. Building on this foundation, Professor Chou actively develops new interventions and optimizes existing programmes, leveraging this theoretical framework to promote financial and health well-being. His projects incorporate innovative evaluation designs to enable the discovery of effective intervention strategies. The data generated by Professor Chou's work facilitates the development of practical and feasible approaches to achieving a healthy aging society. 
 

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Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure posperity for all.

The research team contributes towards the following SDG(s):

 

 

Professor Chou's projects address the dimensions of health, both financial and mental, that impact older adults in Hong Kong. Many older adults struggle to make ends meet. His research seeks to understand the financial challenges they face and identify policies and means  to improve their financial security. By examining the mental health needs of older adults, Professor Chou aims to develop interventions and support systems that promote mental well-being and address issues such as loneliness, depression, and anxiety.

 

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As the percentage of older adults in Hong Kong continues to grow, understanding the unique challenges they face, both financial and mental, is crucial for developing effective policies and support systems. Investigating their financial difficulties can lead to a better understanding of how economic factors impact their quality of life, informing policymakers about how best to develop financial assistance programmes, retirement planning resources, and economic policies for this demographic.

 

This research benefits various stakeholders: government officials and policymakers can develop informed policies and programmes that specifically target the needs of older adults; medical and mental health professionals can gain insights into the mental health needs of older adults to better tailor interventions and treatment plans; and non-profit organizations and community groups focused on aging populations can use it to design and implement programmes and services that improve their financial and mental well-being.

Externally Funded Research Projects 

Project

General Research Fund

The effects of Old-Age Public Transfer on Older People: The Case of Social Pensions in Hong Kong

General Research Fund

Effects of Future-time Perspective and Goal Clarity Intervention on Financial Preparation for Old Age in Hong Kong

General Research Fund

Reducing loneliness among Hong Kong older adults: A three-arm randomized controlled trial

Collaborative Research Fund

Protecting older people from loneliness during the coronavirus (Covid-19) and other novel infectious disease pandemic

 

Selected Publications

  1. Zhu, A.Y.F., Ku, I., Chan, W.S. and Chou, K.L., 2023, Social pension reform and poverty among older people in HK: Triple difference estimations, Journal of Behavioral and Experimental Economics, 105 102026, https://doi.org/10.1016/j.socec.2023.102026
  1. The effects of multidimensional poverty on life satisfaction among older adults in Hong Kong, 2023, Journal of Applied Gerontology, 42 (5): 1022-1034
  1. Zhu, A.Y.F. and Chou, K.L., 2022, Depression among poor older adults: The role of social support, Social Science & Medicine, 311, 115293.
  1. Jiang, D., Warner, L.M., Chong, A.M. L., Li, T., Wolff, J.K., & Chou, K.L (2021). Benefits of Volunteering on Psychological Well-being in Older Adulthood: Evidence from A Randomized Controlled Trial, Aging & Mental Health, 25 (4): 641-649
  1. He, J., Qian, J., Chan, W.S., & Chou, K.L. (2021). Preferences for Private Long-term Care Insurance Products in a Super-ageing Society: A Discrete Choice Experiment in Hong Kong.  Social Science and Medicine, 270, 113632.