Financial capability, income and psychological wellbeing
"We examine whether financial capability has impacts on psychological health independent of income and financial resources more generally using a nationally representative survey. British Household Panel Survey data are used to construct a measure of financial capability, which we relate to res...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Colchester
2011
ISER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19136736124919549189-Financial-capability,-income-a.htm |
| _version_ | 1771659899943518209 |
|---|---|
| author | Taylor, Mark Jenkins, Stephen Sacker, Amanda |
| author_facet | Taylor, Mark Jenkins, Stephen Sacker, Amanda |
| collection | Library items |
| description | "We examine whether financial capability has impacts on psychological health independent of income and financial resources more generally using a nationally representative survey. British Household Panel Survey data are used to construct a measure of financial capability, which we relate to respondents? psychological health using the 12-item General Health Questionnaire. We find that financial capability has significant and substantial effects on psychological health over and above those associated with income and material wellbeing more generally. The sizes of these impacts are considerably larger than those associated with changes in household income. Furthermore having low financial capability exacerbates the psychological costs associated with unemployment and divorce." |
| format | TEXT |
| geographic | United Kingdom |
| id | 19136736124919549189_66b78dd48f514ee3a337c2f63c0f4c5d |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19136736124919549189_66b78dd48f514ee3a337c2f63c0f4c5d |
| is_hierarchy_title | Financial capability, income and psychological wellbeing |
| language | English |
| physical | 28 p. Digital |
| publishDate | 2011 |
| publisher | Colchester ISER |
| spellingShingle | Taylor, Mark Jenkins, Stephen Sacker, Amanda financial management income well being Financial capability, income and psychological wellbeing |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=112373593055 |
| title | Financial capability, income and psychological wellbeing |
| topic | financial management income well being |
| url | https://www.labourline.org/KENTIKA-19136736124919549189-Financial-capability,-income-a.htm |