A Pecuniary Explanation for the Heterogeneous Effects of Unemployment on Happiness

Luo, Jianbo

doi:10.1007/s10902-019-00198-4

Cited by 15 publications

(8 citation statements)

References 65 publications

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“…We pursued additional analyses to investigate the hypothesized mediation of financial satisfaction, satisfaction with time use, and time pressure. These analyses confirm previous findings (Luo, 2020) in showing that financial satisfaction mediates the relationship between unemployment and life satisfaction. A new finding is that financial satisfaction mediates the relationship with emotional well-being, either directly, presumably by decreasing stress and insecurity (Hiswåls et al, 2017), or indirectly through satisfaction with time use, presumably by giving access to economic means necessary for engagement in enjoyable free-time activities (Kahneman & Deaton, 2010;Killingsworth, 2021;Kushlev et al, 2015;Whillans et al, 2017).…”

Section: Discussionsupporting

confidence: 90%

“…Hence, a difference in judgments of life satisfaction is expected between the employed and unemployed (Knabe et al, 2010). Previous studies (Ervasti & Venetoklis, 2010;Luo, 2020) have shown that both perceived financial strain and financial satisfaction (i.e., satisfaction with the personal economy) partially mediates the relationship between unemployment and life satisfaction. Our first hypothesis (H1a) is that, as found previously, financial satisfaction is a mediator of the relationship between life satisfaction and unemployment.…”

Section: Introductionmentioning

confidence: 96%

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Mediators of Differences Between Employed and Unemployed in Life Satisfaction and Emotional Well-being

Connolly

Gärling

2021

J Happiness Stud

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Previous research has shown that the unemployed has lower life satisfaction than the employed but that their emotional well-being may not differ. The aim is to investigate the role of mediators with bearings on these differences between the employed and unemployed in emotional well-being compared to life satisfaction. Participants were 3,463 employed and 452 unemployed living in five Western countries. They answered questions in an online survey. The results showed that the employed had both higher life satisfaction and emotional well-being. Mediation analysis replicated previous results in that the relationship between unemployment and life satisfaction was mediated by financial satisfaction. The relationship with emotional well-being was mediated by satisfaction with time use which was higher for the employed than the unemployed. Financial satisfaction was also a mediator of the relationship with emotional well-being, both directly and through satisfaction with time use. Although the unemployed felt lower time pressure than the employed, this factor was not a strong mediator of the relationship with emotional well-being, neither directly nor through satisfaction with time use. A possible explanation for the differences in the results for emotional well-being is that a negative mood is less associated with work than found in previous research.

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Section: Discussionsupporting

confidence: 90%

Section: Introductionmentioning

confidence: 96%

Mediators of Differences Between Employed and Unemployed in Life Satisfaction and Emotional Well-being

Connolly

Gärling

2021

J Happiness Stud

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“…The results did not change when we excluded the effect sizes based on standardized regression coefficients (M1b). However, when we omitted two studies (Luo, 2020;Van Hoorn & Maseland, 2013) given their disproportionate sample and effect sizes, the population mean difference slightly increased to −.38 (M1a).…”

Section: Resultsmentioning

confidence: 97%

“…Countries characterized by high levels of employment protection showed a small meta-analytic mean difference (δ = −.10) when compared to countries with low levels (δ = −.42). However, these differences disappeared when we re-ran the analyses after the exclusion of two studies with large sample and effect sizes (Luo, 2020;Oesch & Lipps, 2013;see M16a and M17a). Since these latter results may be an indication of the two studies' dominating effect biasing estimations, for interpretation and comparison purposes, we relied on the meta-analytic effect sizes produced by the exclusion of the two studies.…”

Section: Country-level Factorsmentioning

confidence: 98%

The relationship between unemployment and wellbeing: an updated meta-analysis of longitudinal evidence

Gedikli

Miraglia

Connolly

et al. 2022

European Journal of Work and Organizational Psychology

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We provide an up-to-date quantitative synthesis of the evidence on the effect of unemployment on wellbeing based on 46 samples reported in 29 studies published between 1990 and 2020. Our sample includes longitudinal studies focusing on developed economies (e. g., EU-15 countries, UK, US, and Australia). We advance existing knowledge by exploring a wider range of wellbeing measures (both mental health and subjective wellbeing) and an extensive set of moderators capturing individual characteristics and country-level factors. In addition to the well-established negative impact upon mental health, our results present a negative relationship between unemployment and life satisfaction. In line with previous work, this negative association is stronger for men than women, and the longer the duration of unemployment, the larger the impact. We contribute to the existing evidence by pointing to the significant role in this relationship of gender, social and economic context, and norms/societal expectations regarding work. Finally, by utilizing longitudinal data and meta-analytic cross-lagged structural equation modelling, we present preliminary evidence on the existence of a reciprocal relationship between unemployment and wellbeing over time. While unemployment reduces wellbeing, poor wellbeing also leads to unemployment, indicating that individuals can become trapped in a cycle of unemployment and poor wellbeing.

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“…(S03)). S druge strane, neki od sudionika istaknuli su da imaju više vremena za druge aktivnosti ("Ja, ja ne znam šta znači ustat' se ujutro u 5 sati… Boli me briga, spavam dokad hoću Luo (2019…”

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„Je kako je, bit će bolje“

Radović

Grokša

2021

JAHR (Rij., Online)

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Subjektivna dobrobit obuhvaća doživljaj trenutne i buduće životne situacije. Trenutna razina subjektivne dobrobiti može biti prediktor zdravlja, produktivnosti, prihoda, kvalitete socijalnih odnosa, čak i mortaliteta. Nezaposlenost je prepoznata kao jedna od životnih okolnosti koje na duži period najviše smanjuju subjektivnu dobrobit. Cilj provedenog kvalitativnog istraživanja bio je dobiti uvid u subjektivnu dobrobit nezaposlenih korisnika zajamčene minimalne naknade mlađe odrasle dobi. Tematskom analizom intervjua dobiveni su podaci o doživljaju životne situacije i percepciji budućnosti sudionika te su prikazani kroz ovaj rad. U zaključnim razmatranjima izneseni su prijedlozi za unapređenje prakse, s naglaskom na pristupu socijalnog rada i javnozdravstvenu pristupu.

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A Pecuniary Explanation for the Heterogeneous Effects of Unemployment on Happiness

Cited by 15 publications

References 65 publications

Mediators of Differences Between Employed and Unemployed in Life Satisfaction and Emotional Well-being

Mediators of Differences Between Employed and Unemployed in Life Satisfaction and Emotional Well-being

The relationship between unemployment and wellbeing: an updated meta-analysis of longitudinal evidence

„Je kako je, bit će bolje“

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