Digitization and Active Aging: How Digital Finance Shapes the Mental Health of Empty-Nest Older Individuals
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Key Points
Digital finance is linked to lower depression rates among empty-nest older individuals, particularly in rural areas.
Individuals with lower education and no pensions benefit more from digital finance in reducing mental health issues.
Increased social participation and improved health outcomes are associated with engagement in digital finance.
These results highlight the positive implications of digital finance for active aging in vulnerable older populations.
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Implication
Observational analysis reveals lower depression rates in empty-nest older individuals using digital finance, indicating its role in promoting active aging.