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Friday, May 18 • 3:45pm - 5:15pm
D2a-Factors Influencing Financial Well-being Among Older Adults: The Role of Bonding and Bridging Social Capital

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JeongHee Yeo, Yoon Lee - Using data from the 2014 Health and Retirement Study (HRS), the primary aim of the study was to examine the potential link between social capital and subjective financial well-being, and explain how the stock of social relations generate financial benefits among older adults. Subjective financial well-being is a state where one feels happier when financial security is perceived (O’Neill, Sorhaindo, Xiao, & Garman, 2005), and it can be assessed regardless of their actual level of financial conditions. Social capital can be measured by bonding (horizontal) capital and bridging (vertical) capital. This study further attempted to investigate socioeconomic characteristics influencing the levels of subjective financial well-being among older individuals.


Yoon Lee

Associate Professor, Utah State University

Friday May 18, 2018 3:45pm - 5:15pm

Attendees (1)