Economics at your fingertips  

Does psychological well-being mediate economic well-being? short-term evidence from a multifaceted program in the Philippines

Jeffrey Bloem and Rashmita Gandhe

Journal of Development Effectiveness, 2021, vol. 13, issue 3, 292-308

Abstract: Can changes in psychological well-being lead to changes in economic well-being? Across many settings, the view that inexpensive psychological interventions can lead to meaningful change in economic well-being has become popular. Examining data from participants of a multifaceted program in the Philippines we find that program participants experience (i) positive changes in income and expenditures, (ii) relatively large changes in measures of psychological well-being, but that (iii) these changes in psychological well-being do not mediate changes in economic well-being. This suggests, at least in the short-term, that changes in psychological attributes may have small effects on measures of economic well-being.

Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1080/19439342.2021.1924834

Access Statistics for this article

Journal of Development Effectiveness is currently edited by Howard White

More articles in Journal of Development Effectiveness from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2023-03-26
Handle: RePEc:taf:jdevef:v:13:y:2021:i:3:p:292-308