The Economic Recession and Mental Health: Analysis of the Portuguese Situation

Viseu, João; Jesus, Saúl Neves de; Leal, Rita; Valle, Patrícia Oom do; Santos, Joana Vieira dos; Matavelli, Rafaela Dias; Greenglass, Esther R.

doi:10.15309/15psd160204

Cited by 1 publication

(3 citation statements)

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“…Each dimension of DASS-21 is composed by seven items (Lovibond and Lovibond 1995;Pais-Ribeiro et al 2004). Previous research (e.g., Pais-Ribeiro et al 2004;Jesus et al 2016;Viseu et al 2015;Viseu et al 2018) evidenced that this measure possesses adequate psychometric characteristics.…”

Section: Methodsmentioning

confidence: 81%

“…Financial threat was also a significant predictor of psychological distress, measured through life satisfaction, general health, and stress indicators. In Portugal the studies (e.g., Jesus et al 2016;Viseu et al 2015;Viseu et al 2018) performed pointed in the same direction, economic stress factors established a positive relationship with negative psychological outcomes. Taking these data into account, it is expected that: Hypothesis 1 (H1): Financial threat is positively associated with negative psychological outcomes (stress, anxiety, and depression).…”

Section: Introductionmentioning

confidence: 75%

“…Firstly, it was conducted in a country, Portugal, severely affected by an economic crisis and under a financial bailout. Also, it contributed to the research already performed in Portugal regarding the psychological effects of the financial crisis (e.g., Jesus et al 2016;Viseu et al 2015;Viseu et al 2018). Another strength of this study is related with the analysis of moderating role of coping and social support, traditionally their effect is assessed individually.…”

Section: Introductionmentioning

confidence: 91%

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Coping and social support as moderators: Relationship between financial threat and negative psychological outcomes

et al. 2019

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Between 2011-2014 Portugal faced an economic crisis. During a crisis, individuals develop threat perceptions regarding their financial situation. When individuals perceive that their financial situation worsens, negative psychological outcomes emerge. The present study assessed the relationship between financial threat and three negative psychological outcomes (stress, anxiety, and depression), and tested the moderating role of proactive coping and social support, individually and combined, on this relationship.The moderating role of sociodemographic variables (age, gender, marital status, and professional situation) was also considered. A sample of 729 participants, 33.9% males and 66.1% females, was collected online between March-June 2013. Structural equation modeling was used to evaluate the obtained data. Financial threat was positively and significantly associated with stress, anxiety, and depression. Proactive coping moderated the relationship between financial threat and depression. Social support, individually and combined with proactive coping, did not moderate the relationship between financial threat and any of the negative psychological outcomes. Age moderated the relationship between financial threat and stress. The main implications of this study are presented, as well as its limitations and suggestions for future works.

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