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Effects of Income on Subjective Well-Being in the Elderly

Complete Mediation Roles of Self-Rated Health and Psychological Capital

Bibliographic Data

ID13775698
AuthorsXin Liu (0000-0001-5207-1685, School of Management, Xuzhou Medical University, Xuzhou, China), Zhen Wang (0000-0001-6729-2640, School of Management, Xuzhou Medical University, Xuzhou, China), Chen Zhang (0000-0002-1923-2771, School of Management, Xuzhou Medical University, Xuzhou, China), Chaoran Zhang (0000-0002-0512-3902, School of Management, Xuzhou Medical University, Xuzhou, China), Lixin Peng (School of Management, Xuzhou Medical University, Xuzhou, China), Haibo Xu (0000-0003-2139-999X, School of Management, Xuzhou Medical University, Xuzhou, China, corresponding author)
Year2024
Volume61
Pages469580241284967-469580241284967
Publication date2024-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueINQUIRY The Journal of Health Care Organization Provision and Financing (JOURNAL)
Journal identifiersISSN: 0046-9580 • E-ISSN: 1945-7243
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/00469580241284967
PMID39314000
OpenAlexW4402789413
LanguageEN
Citations received2
References cited50

Although income and living conditions of residents have greatly improved in recent years, people's subjective well-being does not seem to increase daily. This study aimed to explore income, self-rated health, and psychological capital on subjective well-being, using data from the China General Social Survey conducted in 2017. A total of 1136 elderly as subsamples data were selected from 12 582 participants, involving general sociodemographic characteristics, income, self-rated health, psychological capital, and subjective well-being. SPSS v26.0 macro was used for descriptive statistics, ANOVA and correlation analysis. PROCESS v3.4 macro was performed to examine multiple mediating effects of self-rated health and psychological capital. The elderly residing in urban ( P = .016) and having completed 9-year compulsory education ( P = .016) reported higher subjective well-being scores. The findings revealed that subjective well-being was positively associated with income, health, and psychological capital among the aged adults (all P indirect = 0.040, 95% bootstrap CI [0.022, 0.060]; Effect indirect = 0.027, 95% bootstrap CI [0.013, 0.044], respectively). Collectively, our findings indicate that residing in rural and having lower education levels serve as negative predictors of subjective well-being among the elderly. Although income still affects the elderly's subjective well-being, self-rated health and psychological capital may be the crucial mediating factors. Therefore, it is of utmost importance to improve health conditions and positive psychological capital for subjective well-being of the older people

Descriptive statistics · Happiness · Mediation · Political science · Self-rated health · Subjective well-being · Aging and Gerontology Research · Clinical Psychology · Health disparities and outcomes · Medicine · Psychological Well-being and Life Satisfaction · Psychology · Social Psychology · Gerontology

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Unique citing works2
Citations per year2
Citation span2025 - 2026 (2)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 2

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