Influence of stress, income status, and expenditures on family well-being in economic crisis

Abstract EN

This paper examines how financial stressors influence family well-being during the current economic crisis by adapting Hill's (1949) ABC-X Model into the ABCE-WB Model where a new element known as E—family expenditures was added.

Data were gleaned from the National Center for Family and Marriage Research Familial Responses to Financial Instability, How the Family Responds to Economic Pressure: A Comparative Study, 2009.

We conducted an hierarchical analyses exploring the relationship between well-being, resources, perceptions, and expenditures available in the current economic crisis.

The model results explained 22.4% of the variance in well-being.