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Title: Multilevel Antecedents of Economic Stress

Citation Type: Dissertation/Thesis

Publication Year: 2010

Abstract: Much of the literature on economic stress focuses on outcomes. This study assessed the antecedents that precede employee perceptions of economic strain. A multilevel framework of economic antecedents was proposed. The framework included objective indicators of the macroeconomic context as well as individual-level objective and subjective economic antecedents. It was hypothesized that antecedents within each of these categories of economic stress can fall into one of two dimensions: employment- or finance-related. Indicators of the macroeconomic context were gathered from the American Community Survey (ACS). Over 2,000 union employees of a large U.S. Midwestern retail chain provided individual employee-level economic information and economic stress perceptions. A confirmatory factor analysis examined the fit of the hypothesized framework of economic antecedents. Distinct employment- and finance-related factors were found at both the macroeconomic and individual level. The individual-level economic antecedent factors were found to be predictive of individual economic stress perceptions. Individual employment-related factor, finance-related factor, and subjective ratings of job insecurity were related to all three dimensions of economic stress: financial strain, income inadequacy for wants, and income inadequacy for needs. No relationship between the macroeconomic factors and economic stress perceptions was found. Implications of the findings and . . .

Url: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.819.7627&rep=rep1&type=pdf

User Submitted?: No

Authors: Zajack, Mark

Institution: Clemson University

Department: Industrial-Organizational Psychology

Advisor: Sinclair, Robert R

Degree: PhD

Publisher Location: Clemson, South Carolina

Pages:

Data Collections: IPUMS USA, IPUMS CPS

Topics: Health, Labor Force and Occupational Structure, Other

Countries:

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