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A comparison of negative financial events experienced by carers and non-carers following onset of the Great Recession.

ABSTRACT: This study compares carers and non-carers on experiences of harmful financial events during and immediately after the Great Recession. Carer status was associated with experiencing more negative financial events since the Great Recession began, even after controlling for covariates in a negative binomial regression. Carers had a higher odds of reporting: job loss, moving in with family and friends to save money, and selling possessions to make ends meet. Compared to non-carers, carers were more likely to experience adverse financial events during and following the Great Recession.

SUBMITTER: Meyer K

PROVIDER: S-EPMC8635292 | biostudies-literature | 2021 Nov

REPOSITORIES: biostudies-literature

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A comparison of negative financial events experienced by carers and non-carers following onset of the Great Recession.

Meyer Kylie K Gassoumis Zachary Z Wilber Kathleen K

International journal of care and caring 20210621 4

This study compares carers and non-carers on experiences of harmful financial events during and immediately after the Great Recession. Carer status was associated with experiencing more negative financial events since the Great Recession began, even after controlling for covariates in a negative binomial regression. Carers had a higher odds of reporting: job loss, moving in with family and friends to save money, and selling possessions to make ends meet. Compared to non-carers, carers were more ...[more]

PMID: 34869911

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Negative financial shock increases loneliness in older adults, 2006-2016: Reduced effect during the Great Recession (2008-2010).

Project description: Not available

| S-EPMC7310672 | biostudies-literature

Trajectories of Depressive Symptoms Experienced by Older People: Effects of Time, Hurricane Sandy, and the Great Recession.

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| S-EPMC6114278 | biostudies-literature

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