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Health Communication Commons

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Iowa State University

Economics

2016

Articles 1 - 1 of 1

Full-Text Articles in Health Communication

Financial Adjustment And Couple Resilience In The Great Recession, Sara K. Ray, Clinton G. Gudmunson, Bryce L. Jorgensen, Jeremy B. Yorgason Jan 2016

Financial Adjustment And Couple Resilience In The Great Recession, Sara K. Ray, Clinton G. Gudmunson, Bryce L. Jorgensen, Jeremy B. Yorgason

Human Development and Family Studies Presentations, Posters and Proceedings

This study examines economic and family implications of financial stressors and changes that couples experienced in the aftermath of the Great Recession as guided by Patterson’s (2002) Family Adjustment and Adaptation Response (FAAR) model. The sample consisted of a primarily middle-income group of 277 married and cohabiting couples; the couples were surveyed between 2008 and 2011 as part of the Flourishing Families Project. Findings from our path analysis showed that financial adjustments (e.g. cutting back on social activities and entertainment) in response to recession-era negative economic events were the source of economic pressure and couple relationship problems regarding ...