Discovery Early Career Researcher Award - Grant ID: DE120100359
Funder
Australian Research Council
Funding Amount
$375,000.00
Summary
Intergenerational demands as a double-edged sword in the work context. Due to rapid population ageing, an increasing number of Australian workers will need to provide care to older people or mentor younger workers and successors. This project investigates how personal and organisational resources can reduce negative outcomes and maximise positive outcomes of intergenerational demands in the work context.
Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide ....Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide a greater understanding of how cognitive functioning and other factors affect older adults’ financial capacity and willingness to delegate decision-making responsibilities. This understanding could be used to inform policy initiatives to protect elderly individuals and their family members from the risk of financial mismanagement.Read moreRead less