Aspects of economic life that are potential stressors for employees and their families, consisting of objective (employment instability; economic deprivation) and subjective (employment uncertainty; economic strain) facets of the worker-earner role (@probst2005, @sinclair2010)
The response to a real or perceived danger to one’s standard of living/finances (@rosso2024)
The pressures and strains that arise from a substancial income loss, in contrast to the circumstances of chronic hardship or poverty (@elder1988)
Welfare status and perceived financial stress (@takeuchi1991)
@elder1988: uses this framework to explain the nature of the home environment and family dynamics in stressful times
Outcomes
Children well-being
@takeuchi1991 found that measures of economic stress were related to decreased children well-being:
Children who were never on welfare (vs. persistent welfare) have lower scores on impulsive behavior (b=-0.81), antisocial behavior (b=-1.22) and depressive symptoms (b=-0.91)
Children who were never under financial stress (vs. persistent stress) have lower scores on impulsive behavior (b=-0.44), antisocial behavior (b=—0.43) and depressive symptoms (b=-0.89)
@elder1988 found that income loss is related to different levels of child tantrums, according to mother affection:
For households with affectionate mothers, income loss directly decreased child tantrums (β=-0.21)
For households with undemonstrative mothers, income loss directly increased child tantrums (β=0.27), and increased it mediated by father arbitrary discipline (β=0.11)
