Powdthavee, Nattavudh (2014) What childhood characteristics predict psychological resilience to economic shocks in adulthood? Journal of Economic Psychology, 45 . pp. 84-101. doi:10.1016/j.joep.2014.08.003 ISSN 0167-4870.

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Abstract

This paper investigates whether people’s psychological resilience to one of the most important economic shocks – job loss – can be predicted using early childhood characteristics. Using a longitudinal data that tracked almost 3000 children into adulthood, we showed that the negative effect of unemployment on mental well-being and life satisfaction is significantly larger for workers who, as adolescents, had a relatively poor father-child relationship. Maternal unemployment, on the other hand, is a good predictor of how individuals react psychologically to future unemployment. Although the results should be viewed as illustrative and more research is needed, the current article provides new longitudinal evidence that psychological resilience to job loss may be determined early on in the life cycle.

Item Type:	Journal Article
Divisions:	Faculty of Social Sciences > Warwick Business School
Journal or Publication Title:	Journal of Economic Psychology
Publisher:	Elsevier BV
ISSN:	0167-4870
Official Date:	December 2014
Dates:	Date Event December 2014 Published
Volume:	45
Page Range:	pp. 84-101
DOI:	10.1016/j.joep.2014.08.003
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access

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