Do social resources moderate the negative association between financial hardship and life satisfaction in Ireland?

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dc.contributor.authorWalsh, Edelen
dc.date.accessioned2024-08-21T15:46:42Z
dc.date.available2024-08-21T15:46:42Z
dc.date.issued2024-03-25en
dc.description.abstractFinancial hardship represents a significant stressor that can have detrimental consequences for individual well-being. Using a large sample from the European Social Survey (n=13,597), this study aims to confirm the negative association between financial hardship and life satisfaction for Ireland, and to test whether a set of personal social resources (social meetings, personal religiosity and political trust) moderate that negative association. The results confirm that financial hardship is negatively associated with life satisfaction. Social resources are directly associated with higher levels of life satisfaction. Meeting socially with others represents the largest effect on individual well-being and is significant in moderating the harmful effects of financial hardship for some individuals. Religiosity and political trust also have significant, positive associations with life satisfaction and are found to buffer against the harmful impact of financial hardship for some individuals. This study has important implications for understanding the correlates of subjective well-being in Ireland.en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationWalsh, E. (2024) 'Do social resources moderate the negative association between financial hardship and life satisfaction in Ireland?', The Economic and Social Review, 55(1), pp.41-82. Available at: https://www.esr.ie/article/view/2623 (Accessed: 21 August 2024).en
dc.identifier.endpage82en
dc.identifier.issn0012-9984en
dc.identifier.issued1en
dc.identifier.journaltitleThe Economic and Social Reviewen
dc.identifier.startpage41en
dc.identifier.urihttps://hdl.handle.net/10468/16223
dc.identifier.volume55en
dc.language.isoenen
dc.publisherEconomic and Social Reviewen
dc.rights© 2024, The Economic and Social Review.en
dc.subjectFinancial hardshipen
dc.subjectWell-beingen
dc.subjectEuropean Social Surveyen
dc.subjectPersonal social resourcesen
dc.subjectIrelanden
dc.titleDo social resources moderate the negative association between financial hardship and life satisfaction in Ireland?en
dc.typeArticle (peer-reviewed)en
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