Abstract
The association between perceived economic stress (current economic hardship and future economic worry) and adolescent adjustment was examined in 229 Chinese adolescents using children and parental reports of perceived economic stress. Parents displayed higher levels of current economic hardship and future economic worry than their children did and mothers had more worry about their children's economic conditions in future than the fathers had. Higher levels of economic stress based on ratings obtained from different sources were generally related to lower levels of existential well-being, life satisfaction, self-esteem, and mastery as well as higher levels of general psychiatric morbidity and substance abuse in adolescents. Relative to current economic stress perceived by adolescents, future economic worry perceived by adolescents was more strongly related to the psychological well-being of Chinese adolescents with economic disadvantage.
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