Personal economic anxiety in response to COVID-19

Mann, Frank C.; Krueger, Robert F.; Vohs, Kathleen D.

doi:10.1016/j.paid.2020.110233

Cited by 150 publications

(142 citation statements)

References 16 publications

Supporting

Mentioning

130

Contrasting

Unclassified

Order By: Relevance

“…Economic anxiety is a close correlate of distress (Mann et al, 2020), and at the forefront of concerns during the pandemic. We expected that job-security concerns and worries about the financial impact of the pandemic would increase between March and May.…”

Section: Discussionmentioning

confidence: 99%

Mental Health and Economic Concerns from March to May during the COVID-19 Pandemic in Canada

Zajacova¹,

Jehn²,

Stackhouse³

et al. 2020

Preprint

View full text Add to dashboard Cite

Background The COVID-19 pandemic impacted the psychological wellbeing of populations worldwide. In this study, we assess changes in mental health during the early months of the pandemic in Canada and examine its relationship with another prominent problem during this time, economic concerns. MethodsAnalyses were based on two nationally representative cross-sectional surveys from the Canadian Perspectives Survey Series (N=4,627 in March and 4,600 in May). We described the changes in mental health and economic concerns between March and May, and assessed the relationship between the two characteristics.ResultsMental health declined significantly during the early months of the COVID-19 pandemic: the proportion of Canadian adults who reported only good/fair/poor mental health grew from 46% to 52% from March to May. Economic concerns including food insecurity were an important correlate of ‘bad’ mental health, as was younger age, female gender, and Canada-born status. Contrary to expectations, however, economic concerns lessened during this time frame. ConclusionsThese findings suggest that policies to mitigate economic stress, such as Canada’s Emergency Response Benefit, may have eased mental health deterioration in early pandemic months through a reduction in financial hardship. Interventions to increase the economic security of the population will have far-reaching consequences in terms of improved mental health, and should be continued throughout the pandemic.

show abstract

Section: Discussionmentioning

confidence: 99%

Mental Health and Economic Concerns from March to May during the COVID-19 Pandemic in Canada

Zajacova¹,

Jehn²,

Stackhouse³

et al. 2020

Preprint

View full text Add to dashboard Cite

show abstract

“…There is now also an emerging literature on the relationship between personality and people's response to the COVID 19 pandemic. Researchers have examined personality correlates of a wide range of variables including pathogen avoidance (Makhanova & Shepherd, 2020), economic anxiety (Mann, Krueger, & Vohs, 2020), compliance with government advice (De Coninck et al, 2020;Zajenkowski et al, 2020), safety behaviors (Aschwanden et al, 2020;Blagov, 2020;Carvalho, Pianowski, & Gonçalves, 2020), consumer stockpiling (Dammeyer, 2020;Garbe, Rau, & Toppe, 2020), and concerns about coronavirus (Bacon & Corr, 2020). There have also been several studies correlating personality with well-being during various phases of the COVID-19 pandemic (e.g., Jørgensen, Bor, Lindholt, & Petersen, 2020;Kroencke, Geukes, Utesch, Kuper, & Back, 2020;Michinov & Michinov, 2020;Modersitzki, Phan, Kuper, & Rauthmann, 2020;Qian & Yahara, 2020;Russo, Hanel, Altnickel, & van Berkel, 2020;Zajenkowski et al, 2020).…”

Section: Personality and Well-being Under Covidmentioning

confidence: 99%

Effect of the COVID-19 Pandemic and Big Five Personality on Subjective and Psychological Well-Being

Anglim¹,

Horwood²

2020

Preprint

View full text Add to dashboard Cite

The current study assessed the effect of the COVID-19 (coronavirus) pandemic on subjective well-being (SWB) and psychological well-being (PWB) and whether the pandemic moderated the effect of personality on well-being. Measures of Big Five personality, SWB (life satisfaction, positive affect, negative affect) and PWB (positive relations, autonomy, environmental mastery, personal growth, purpose in life, self-acceptance) were obtained from a sample (n = 1470) of young adults in Melbourne, Australia (13 July to 11 August, 2020) during a second wave of viral transmission and lockdown, and an identically recruited Pre-COVID sample (n = 547). Well-being was lower in the COVID sample and differences were largest for positive affect (d = -0.41) and negative affect (d = 0.64). While the effect of personality on well-being was robust, the effect of personality on well-being was slightly reduced and the effect of extraversion on positive affect was particularly attenuated during the pandemic.

show abstract

“…Prior research has examined family adaptation after family crises such as health issues (Clark, 1999;Hesamzadeh et al, 2015), neurodivergent diagnoses (Manning et al, 2011;Pakenham et al, 2005), and during refugee resettlement (Dalgaard, 2017) through the ABCX model. Given the added economic stressors (Mann et al, 2020), such as employment instability, childcare, housing instability, food instability, and additional family stress from restrictions on everyday life and routines, the current study examines diverse stressors as well as resilience and protective factors to capture the family's ability to respond to added stress from COVID-19.…”

Section: Theoretical Framework: the Abcx Model Among Families In Crisismentioning

confidence: 99%

Parental History of Trauma and Resilience during COVID-19

LaBrenz

Baiden

Findley

et al. 2020

Preprint

View full text Add to dashboard Cite

Since March 2020, families across the U.S. have faced challenges due to the novel Coronavirus (COVID-19) and its subsequent restrictions. Prior literature has linked family stress to negative outcomes, such as parent and child mental health, increased risk of child maltreatment, and overall well-being, as well as protective factors that may help families navigate and respond to stressors. Furthermore, parental history of trauma, such as exposure to adversity in one’s own childhood, has been linked to stress and resilience. Although some experts have voiced concern over the impact of COVID-19 on family well-being, few studies have been conducted thus far. This study utilized N = 523 responses from an online survey that was administered between May and June 2020 to gauge family stress and resilience among parents of children ages zero-to-five during the pandemic. There was a negative relationship between ACE score and parental resilience among this sample. Furthermore, frequency of childcare was positively linked to protective factors and resilience, while childcare barriers were negatively linked to resilience. Implications for practice, policy, and research are discussed, with a particular focus on the role of childcare and school openings during the pandemic.

show abstract

Personal economic anxiety in response to COVID-19

Cited by 150 publications

References 16 publications

Mental Health and Economic Concerns from March to May during the COVID-19 Pandemic in Canada

Mental Health and Economic Concerns from March to May during the COVID-19 Pandemic in Canada

Effect of the COVID-19 Pandemic and Big Five Personality on Subjective and Psychological Well-Being

Parental History of Trauma and Resilience during COVID-19

Contact Info

Product

Resources

About