Abstract
This study examined the moderating effect of financial literacy on the relationship between socioeconomic status and depression. A questionnaire survey of 2173 employees using multiple regression and simple slope analyses showed that the relationship between socioeconomic status and depression was weaker among Japanese employees with high financial literacy than among those with low financial literacy. Interpretation from a financial capability framework perspective, including a sense of control and the potential for prevention and intervention of socioeconomic status-related depression through educational interventions related to financial literacy, was discussed.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.