Residual Income and Mental Health: A Longitudinal Study

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68378025%3A_____%2F26%3A00643898" target="_blank" >RIV/68378025:_____/26:00643898 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s11205-025-03742-3" target="_blank" >https://link.springer.com/article/10.1007/s11205-025-03742-3</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s11205-025-03742-3" target="_blank" >10.1007/s11205-025-03742-3</a>

Result language
angličtina
Original language name
Residual Income and Mental Health: A Longitudinal Study
Original language description
Financial shocks are associated with mental health. Most studies analyze this relationship using changes in income. This study examines whether a novel measure that captures the joint effect of income and expenditure—residual income—predicts reported symptoms of depression and anxiety more accurately than income alone. Residual income is defined as the amount of income remaining at the end of the month after covering expenses. Using a representative longitudinal dataset of Czech households from 2022 to 2024 and applying individual and time fixed-effects models, we find that residual income is more strongly associated with symptoms of depression and anxiety than income. Importantly, the relationship is significant across most of the income distribution. Individuals with low residual income are particularly vulnerable to changes in financial conditions, especially those with a history of depression and anxiety symptoms. Our findings suggest that residual income captures effects of financial shocks on mental health symptoms that analyses of income and expenditure separately may overlook. They can also inform the more effective targeting of psychological and financial interventions toward the most vulnerable individuals.
Czech name
—
Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50401 - Sociology

Project
<a href="/en/project/LX22NPO5101" target="_blank" >LX22NPO5101: The National Institute for Research on the Socioeconomic Impact of Diseases and Systemic Risks</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2026
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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