Objectives: We examined how experiencing low income multiple times is associated with depressive symptoms over the life course to better understand the influence of low income experience on psychological well-being.
Methods: We employed fixed effects models to estimate the association between low income experience and depressive symptoms using data from a longitudinal survey of a representative sample of adults in Korea (N=6,930). We also considered age variations given different perspectives and social circumstances related to different ages and family stages over the life course that potentially modify the association.
Results: Our results revealed that the detrimental influence of low income experience on depressive symptoms slowly declines with additional increments in the number of the exposures. Additionally, although older adults have a higher risk of experiencing low income more than once, the detrimental influence appears more salient among younger adults compared to older individuals.
Discussion: We offered some explanations for the diminishing effects of additional experiences of low income on depressive symptoms, and the age group variations in the association in Korea. We also discussued policy implications of our findings.
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| http://dx.doi.org/10.1016/j.alcr.2020.100400 | DOI Listing |
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