Ontology highlight
ABSTRACT:
SUBMITTER: Gao X
PROVIDER: S-EPMC9473456 | biostudies-literature | 2022 Sep
REPOSITORIES: biostudies-literature
Gao Xiaozi X Lee Kerry K Permpoonputtana Kannika K Plitponkarnpim Adisak A
Journal of family and economic issues 20220914
Research has shown that financial worries are key determinants of parents' well-being. However, less is known about the relative role of income and financial worries on parents' well-being; especially from a cross-cultural perspective. Guided by need and aspiration theories, we examined the roles of income and financial worries on happiness and distress among parents from Hong Kong (<i>N</i> = 258) and Bangkok (<i>N</i> = 190). Bayesian structural equation modelling revealed that greater income ...[more]