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Journal Article

What childhood characteristics predict psychological resilience to economic shocks in adulthood?

Authors

Publication date

Dec 2014

Summary

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.

Published in

Journal of Economic Psychology

Volume and page numbers

45 , 84 -101

DOI

http://dx.doi.org/10.1016/j.joep.2014.08.003

ISSN

16

Subjects

Young People, Unemployment, Well Being, Life Course Analysis, and Social Psychology

Links

http://serlib0.essex.ac.uk/record=b1646364~S5

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*


Related publications

  1. Young people who argue with their fathers are less resilient when faced with unemployment as adults

    Nattavudh Powdthavee

  2. Young people who argue with their fathers are less resilient when faced with unemployment as adults

    Nattavudh Powdthavee

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