Access the full text.
Sign up today, get DeepDyve free for 14 days.
Fernando Angulo-Ruiz, Albena Pergelova (2015)
An Empowerment Model of Youth Financial BehaviorJournal of Consumer Affairs, 49
J. Arnett, R. Žukauskienė, K. Sugimura (2014)
The new life stage of emerging adulthood at ages 18-29 years: implications for mental health.The lancet. Psychiatry, 1 7
D. Cutler, Wei Huang, A. Lleras-Muney (2014)
When Does Education Matter? The Protective Effect of Education for Cohorts Graduating in Bad TimesERN: Microeconometric Studies of Education Markets (Topic)
C. Stein, Erica Hoffmann, E. Bonar, Jaclyn Leith, Kristen Abraham, Alexis Hamill, Shane Kraus, Shinakee Gumber, Wendy Fogo (2013)
The United States Economic Crisis: Young Adults’ Reports of Economic Pressures, Financial and Religious Coping and Psychological Well-BeingJournal of Family and Economic Issues, 34
The Journal of Consumer Affairs, 44
Sarah Burcher, Joyce Serido, S. Danes, Jessie Rudi, Soyeon Shim (2018)
Using the Expectancy-Value Theory to Understand Emerging Adult’s Financial Behavior and Financial Well-BeingEmerging Adulthood, 9
(2015)
Stress in America: paying with our health. Stress in America™ survey
Barbara Biasi, Michael Dahl, Petra Moser (2021)
Career Effects of Mental HealthERPN: Entrepreneurial Entry & Exit (Sub-Topic)
J. Maclean, Terrence Hill (2014)
Leaving school in an economic downturn and self-esteem across early and middle adulthoodLabour Economics, 37
J. Janmaat (2019)
The Development of Generalized Trust among Young People in EnglandSocial Sciences
D. Stolle (2002)
Trusting strangers - the concept of generalized trust in perspectiveAustrian Journal of Political Science, 31
Bank of Finland (2020)
Financial literacy project
J. Nurmi, M. Poole, R. Seginer (1995)
Tracks and Transitions—A Comparison of Adolescent Future-oriented Goals, Explorations, and Commitments in Australia, Israel, and FinlandInternational Journal of Psychology, 30
E. McWhirter, B. Mcwhirter (2008)
Adolescent Future Expectations of Work, Education, Family, and Community Development of a New MeasureYouth & Society, 40
A. Lusardi, Andrea Hasler, P. Yakoboski (2020)
Building up financial literacy and financial resilienceMind & Society, 20
K. Wahlbeck, P. Anderson, S. Basu, D. McDaid, D. Stuckler (2011)
Impact of economic crises on mental health
Boris OGUIBENINE (2011)
Economic recession and mental health: an overview.Neuropsychiatrie : Klinik, Diagnostik, Therapie und Rehabilitation : Organ der Gesellschaft Osterreichischer Nervenarzte und Psychiater, 25 3
Pamela Aronson, T. Callahan, Timothy Davis (2015)
The transition from college to work during the great recession: employment, financial, and identity challengesJournal of Youth Studies, 18
Labour Economics, 17
A. Lusardi, D. Wallace (2013)
Financial Literacy and Quantitative Reasoning in the High School and College ClassroomNumeracy, 6
Terhi-Anna Wilska, Jussi Nyrhinen, Jesse Tuominen, Gintautas Šilinskas, Eero Rantala (2020)
Kulutus koronan aikaan - ja sen jälkeen : tutkimus COVID-19-epidemian rajoitustoimien vaikutuksesta kuluttajien käyttäytymiseen, taloudelliseen toimintaan ja hyvinvointiin
A. Oswald, Stephen Wu (2010)
Objective Confirmation of Subjective Measures of Human Well-Being: Evidence from the U.S.A.Science, 327
K. Salmela‐Aro (2009)
Personal goals and well-being during critical life transitions: The four C's—Channelling, choice, co-agency and compensationAdvances in Life Course Research, 14
(2020)
Pahin on vasta edessä koronakriisissä, uskoo iso osa suomalaisista – Huolella voi olla kauaskantoisia vaikutuksia talouteen
Review of Economic Dynamics, 30
G. Fonseca, J. Silva, M. Paixão, Diana Cunha, C. Crespo, A. Relvas (2018)
Emerging Adults Thinking About Their Future: Development of the Portuguese Version of the Hopes and Fears QuestionnaireEmerging Adulthood, 7
Sewon Hur (2018)
The Lost Generation of the Great RecessionMacroeconomics: Prices
Marlis Buchmann, Irene Kriesi (2011)
Transition to Adulthood in EuropeReview of Sociology, 37
A. Shrivastava, P. Lodha, A. Sousa, Nikate Singh (2018)
Economic Recession and Mental Health: An AnalysisAdvances in Psychiatry
P. Oreopoulos, Till Wachter, Andrew Heisz (2012)
The Short- and Long-Term Career Effects of Graduating in a RecessionAmerican Economic Journal: Applied Economics, 4
Lisa Kahn (2006)
The Long-Term Labor Market Consequences of Graduating from College in a Bad EconomyLabor: Human Capital
J. Nurmi (1991)
How do adolescents see their future? A review of the development of future orientation and planningDevelopmental Review, 11
Federal Reserve Bank of St. Louis Review, 95
Jian Huang, H. Brink, W. Groot (2010)
College Education and Social Trust: An Evidence-Based Study on the Causal MechanismsSocial Indicators Research, 104
J. Nurmi (1987)
Age, sex, social class, and quality of family interaction as determinants of adolescents' future orientation: a developmental task interpretation.Adolescence, 22 88
F. Strack, Leonard Martin, N. Schwarz (1988)
Priming and communication: Social determinants of information use in judgments of life satisfactionEuropean Journal of Social Psychology, 18
Osterreichische Zeitschrift fur Politikwissenschaft, 31
Jasmira Wiersma, R. Alessie, A. Kalwij, A. Lusardi, M. Rooij (2020)
Skating on Thin Ice: New Evidence on Financial FragilityHousehold Finance eJournal
H. Viinamäki, J. Hintikka, O. Kontula, L. Niskanen, K. Koskela (2000)
Mental health at population level during an economic recession in FinlandNordic Journal of Psychiatry, 54
C. Ross, J. Huber (1985)
Hardship and depression.Journal of health and social behavior, 26 4
Li-tze Hu, P. Bentler (1998)
Fit indices in covariance structure modeling : Sensitivity to underparameterized model misspecificationPsychological Methods, 3
Jennifer Lee, J. Mortimer (2009)
Family Socialization, Economic Self-Efficacy, and the Attainment of Financial Independence in Early Adulthood.Longitudinal and life course studies, 1 1
A. Hammarström, P. Virtanen (2019)
The importance of financial recession for mental health among students: short- and long-term analyses from an ecosocial perspectiveJournal of Public Health Research, 8
International Journal of Business and Management, 8
Morbidity and Mortality Weekly Report, 69
M. Ranta, R. Punamäki, Angela Chow, K. Salmela‐Aro (2020)
The Economic Stress Model in Emerging Adulthood: The Role of Social Relationships and Financial CapabilityEmerging Adulthood, 8
Mark Czeisler, R. Lane, Emiko Petrosky, J. Wiley, Aleta Christensen, R. Njai, M. Weaver, R. Robbins, E. Facer-Childs, L. Barger, C. Czeisler, M. Howard, S. Rajaratnam (2020)
Mental Health, Substance Use, and Suicidal Ideation During the COVID-19 Pandemic — United States, June 24–30, 2020Morbidity and Mortality Weekly Report, 69
D. Blustein, P. Guarino (2020)
Work and Unemployment in the Time of COVID-19: The Existential Experience of Loss and FearJournal of Humanistic Psychology, 60
F. Furstenberg, Sheela Kennedy, V. McLoyd, R. Rumbaut, R. Settersten (2004)
Growing Up is Harder to doContexts, 3
J. Glanville, P. Paxton (2015)
How do we learn to trust?: A confirmatory tetrad analysis of the sources of generalized trust
A. Kouvo, P. Räsänen (2015)
Foundations of subjective well-being in turbulent times: A comparison of four European countriesInternational Journal of Sociology and Social Policy, 35
A. Lusardi, O. Mitchell, Vilsa Curto (2009)
Financial Literacy Among the Young: Evidence and Implications for Consumer PolicyNBER Working Paper Series
Keith Cunnien, Nicole Martinrogers, J. Mortimer (2009)
Adolescent Work Experience and Self-efficacy.The International journal of sociology and social policy, 29 3/4
J. Nurmi, K. Salmela‐Aro, T. Haavisto (1995)
The strategy and attribution questionnaire: Psychometric properties.European Journal of Psychological Assessment, 11
G. Prati (2020)
Mental health and its psychosocial predictors during national quarantine in Italy against the coronavirus disease 2019 (COVID-19)Anxiety, Stress, & Coping, 34
S. Schwartz, J. Côté, J. Arnett (2005)
Identity and Agency in Emerging AdulthoodYouth & Society, 37
G. Trommsdorff, Christine Burger, Traudl Füchsle (1982)
Chapter 6. Social and Psychological Aspects of Future Orientation
Beth Redbird, D. Grusky (2016)
Distributional Effects of the Great Recession: Where Has All the Sociology Gone?Review of Sociology, 42
M. Lindström (2009)
Psychosocial work conditions, unemployment, and generalized trust in other people: A population-based study of psychosocial health determinantsThe Social Science Journal, 46
O. Mugenda, Tahira Hira (2000)
Gender Differences in Financial Perceptions, Behaviors and Satisfaction
(2020)
Millennials are the unluckiest generation in U.S. history
Wei Huang, Yi Zhou (2013)
Effects of education on cognition at older ages: evidence from China's Great Famine.Social science & medicine, 98
William. Emmons, Bryan Noeth (2013)
Economic vulnerability and financial fragilityCanadian Parliamentary Review, 95
K. Schuessler, G. Fisher (1985)
QUALITY OF LIFE RESEARCH AND SOCIOLOGYReview of Sociology, 11
L. Tang, Tjprc (2018)
Shopping Behavior Analysis of International Students in U.S. CollegesThe International Journal of Business and Management, 8
M. Ranta, R. Punamäki, A. Tolvanen, K. Salmela‐Aro (2012)
The Role of Financial Resources and Agency in Success and Satisfaction Regarding Developmental Tasks in Early Adulthood, 6
Arthur Goldsmith, J. Veum, W. Darity (1997)
Unemployment, joblessness, psychological well-being and self-esteem: Theory and evidenceJournal of Socio-economics, 26
(1999)
Survival with dignity? the consumption of young adults during economic depression; a comparative study of Finland and Britain, 1990-1994
J. Maclean (2013)
The health effects of leaving school in a bad economy.Journal of health economics, 32 5
M. Blasi, C. Tosto, A. Marfia, Paola Cavani, C. Giordano (2016)
Transition to adulthood and recession: a qualitative studyJournal of Youth Studies, 19
T. Schultz (1975)
The Value of the Ability to Deal with DisequilibriaJournal of Economic Literature, 13
F. Lietz, G. Piumatti, C. Mosso, J. Marinkovic, and Bjegovic-Mikanovic (2016)
Testing multidimensional well-being among university community samples in Italy and SerbiaHealth Promotion International, 33
Stephen Knack, P. Keefer (1997)
Does Social Capital Have an Economic Payoff? A Cross-Country InvestigationQuarterly Journal of Economics, 112
H. Ervasti, A. Kouvo, Takis Venetoklis (2019)
Social and Institutional Trust in Times of Crisis: Greece, 2002–2011Social Indicators Research, 141
Yafit Sulimani‐Aidan (2017)
Future Expectations as a Source of Resilience among Young People Leaving CareBritish Journal of Social Work, 47
M. Ranta, Angela Chow, K. Salmela‐Aro (2013)
Trajectories of life satisfaction and the financial situation in the transition to adulthoodLongitudinal and life course studies, 4
John Brehm, Wendy Rahn (1997)
Individual-Level Evidence for the Causes and Consequences of Social CapitalAmerican Journal of Political Science, 41
(2020)
ILO monitor: COVID-19 and the world of work
Sebastian Lundmark, M. Gilljam, S. Dahlberg (2016)
Measuring Generalized Trust: An Examination of Question Wording and the Number of Scale Points.Public opinion quarterly, 80 1
Emek Basker (2011)
Raising the Barcode Scanner: Technology and Productivity in the Retail SectorERN: Productivity (Topic)
(2020)
SKorkeakoulutettujen työttömien määrä lisääntynyt”, Työttömyyskatsaus toukokuu 2020, Artikkeli 9/2020
D. Maison, Marta Marchlewska, Katarzyna Sekścińska, Joanna Rudzinska-Wojciechowska, Filip Łozowski (2019)
You don’t have to be rich to save money: On the relationship between objective versus subjective financial situation and having savingsPLoS ONE, 14
J. Xiao, Cheng Chen, Lei Sun (2015)
Age differences in consumer financial capabilityInternational Journal of Consumer Studies, 39
Marzieh Taft, Z. Hosein, Seyyed Mehrizi (2013)
The Relation between Financial Literacy, Financial Wellbeing and Financial ConcernsInternational Journal of Biometrics, 8
D. Bell, David Blanchflower (2011)
Young People and the Great RecessionMacroeconomics: Employment
Nuradibah Mokhtar, M. Sabri, Catherine Ho (2020)
Financial Capability and Differences in Age and EthnicityJournal of Asian Finance, Economics and Business, 7
Joyce Serido (2020)
Weathering Economic Shocks and Financial Uncertainty: Here We Go AgainJournal of Family and Economic Issues, 41
Patricia Tevington (2018)
Privileged to Worry: Social Class, Cultural Knowledge, and Strategies toward the Future among Young AdultsThe Sociological Quarterly, 59
R. Settersten (2012)
The Contemporary Context of Young Adulthood in the USA: From Demography to Development, From Private Troubles to Public Issues
James Laurence (2015)
(Dis)placing trust: the long-term effects of job displacement on generalised trust over the adult lifecourse.Social science research, 50
M. Ranta, J. Dietrich, K. Salmela‐Aro (2014)
Career and Romantic Relationship Goals and Concerns During Emerging AdulthoodEmerging Adulthood, 2
This study focuses on how young adults face the COVID-19 pandemic by investigating their personal concerns about mental well-being, career/studies and economic situation. The authors investigated how young adults' (aged 18–29) personal concerns differ from older people's concerns (aged 30–65) and which person- and context-related antecedents relate to personal concerns.Design/methodology/approachData of Finnish young adults aged 18–29 (n = 222), who participated in the “Corona Consumers” survey (N = 1,000) in April 2020, were analyzed by path analysis and compared to participants aged 30–65 by independent samples t-test.FindingsYoung adults were significantly more concerned about the effects of the COVID-19 pandemic on their mental well-being, career/studies and economic situation than older people. Females were more concerned about their mental well-being than males. Among youth, lower life satisfaction was related to concerns about mental well-being, and lower satisfaction with financial situation was related to concerns about career/studies and economic situation. Young adults' predisposition to avoid difficult situations was related to more frequent concerns in all domains, whereas generalized trust and education were not.Research limitations/implicationsDue to cross-sectional data, causal COVID-19 interpretations should be made cautiously.Practical implicationsStrong youth policies are needed for youth empowerment, mental health and career advancement in the pandemic aftermath.Originality/valueThe study highlights the inequality of the effects of COVID-19: The pandemic has radically influenced young adults as they exhibit significant personal concerns in age-related life domains.
International Journal of Sociology and Social Policy – Emerald Publishing
Published: Dec 2, 2020
Keywords: COVID-19; Youth; Personal concerns; Life satisfaction; Task avoidance; Financial situation
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.