Financial Hardship, Depression, and Self-Esteem: Temporal Analysis Using a Korean Panel Study

• 영문명: Financial Hardship, Depression, and Self-Esteem: Temporal Analysis Using a Korean Panel Study
• 발행기관: 대한신경정신의학회
• 저자명: Minjae Choi Eun Hae Lee Joshua Kirabo Sempungu Yo Han Lee
• 간행물 정보: 『Psychiatry Investigation』제20권 제1호, 35~42쪽, 전체 8쪽
• 주제분류: 의약학 > 정신과학
• 파일형태: PDF
• 발행일자: 2023.01.31

영문 초록

Objective Financial hardship influences depression risk, however, the pathway of the effect of financial hardship on depression and the role of self-esteem remain unclear. This study examined whether changes in financial hardship affected depression, and whether self-esteem mediated by this relationship. Methods Data from 99,588 observations of 15,331 individuals were extracted from 10 waves of the Korean Welfare Panel Study. The association between changes in financial hardship and depression was investigated using a generalized estimation equation, and the extent to which these associations were mediated by self-esteem was assessed. Results The results indicated that changes in financial hardship were associated with depression, with varying magnitude. Experiencing severe financial hardship over two consecutive years (odds ratio [OR]: 3.87, 95% confidence interval [CI]=3.09–4.85) or increased financial hardship over the previous year strongly influenced depression (e.g., OR: 3.88, 95% CI=3.09–4.86 for low financial hardship at t-1 year and high at t year). Self-esteem plays a mediating role in the relationship between changes in financial hardship and depression, where persistent financial hardship is associated with low self-esteem, leading to depression. Conclusion These findings highlighted the importance of monitoring and intervention for financial hardship and psychological problems to help manage depression.

목차

INTRODUCTION

METHODS

RESULTS

DISCUSSION

REFERENCES

키워드

Depression Financial hardship Self-esteem Mental health