In this work, the relationship between the socioeconomic status and the well-being of older people has been explored by investigating the mediator role played by physical health. A counterfactual approach in mediation models is applied to SHARE data, considering five waves from 2004 to 2015. The three key concepts, socioeconomic status (SES), well-being and physical health, can be seen as latent concepts and measured through factor analysis. The use of Marginal Structural Models also allowed to consider a longitudinal approach, discovering that the mediation effect of the individual's health history in the relationship between SES and well-being has a far greater impact than the one only considering the cross-sectional role of health on well-being.
The role of health conditions in the relationship between socio-economic status and well-being: the counterfactual approach in mediation models
Sara Manzella;Margherita Silan
2022
Abstract
In this work, the relationship between the socioeconomic status and the well-being of older people has been explored by investigating the mediator role played by physical health. A counterfactual approach in mediation models is applied to SHARE data, considering five waves from 2004 to 2015. The three key concepts, socioeconomic status (SES), well-being and physical health, can be seen as latent concepts and measured through factor analysis. The use of Marginal Structural Models also allowed to consider a longitudinal approach, discovering that the mediation effect of the individual's health history in the relationship between SES and well-being has a far greater impact than the one only considering the cross-sectional role of health on well-being.Pubblicazioni consigliate
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