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Effects of Socioeconomic Status and Social Support on Well-being

Xiaoyuan Chu, Yuan Li, Zhenyu Li and Jing Han

Applied Economics and Finance, 2015, vol. 2, issue 3, 155-161

Abstract: Based on the theoretical analysis, with first-hand data collection and using multiple regression models, this study explored the relationship between social support, socioeconomic status and well-being. We draw on the following conclusions: (1) Family support and general support of others have positive influences on general well-being. And these influences largely remain constant for the sampled subjects regardless of their socioeconomic status. (2) One dimension of socioeconomic status (family annual income) has a positive influence on general well-being. But in consideration of the social support and interaction terms of socioeconomic status and social support, this influence is no longer significant.

Keywords: Social Support; Socioeconomic Status; Well-being (search for similar items in EconPapers)
JEL-codes: R00 Z0 (search for similar items in EconPapers)
Date: 2015
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Handle: RePEc:rfa:aefjnl:v:2:y:2015:i:3:p:155-161