IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v114y2025ics2214804324001563.html
   My bibliography  Save this article

A longitudinal study on the association between financial scarcity and feelings of societal exclusion

Author

Listed:
  • Noordewier, Marret K.
  • Doolaard, Frank T.
  • Lelieveld, Gert-Jan
  • van Dijk, Eric
  • Hilbert, Leon P.
  • Marr, Susanne
  • van Beest, Ilja
  • Gallucci, Marcello
  • van Dijk, Wilco W.

Abstract

We tested the association between financial scarcity (i.e., the experience of lacking needed monetary resources) and feelings of societal exclusion using longitudinal data from a large probability sample of the Dutch population. We report preregistered analyses of two time points (almost two years apart) and exploratory robustness checks of seven time points (spanning four years). As hypothesized, results of a Cross-Lagged Panel Model indicated that financial scarcity was associated with increased feelings of societal exclusion over time and vice versa, feelings of societal exclusion were associated with increased financial scarcity over time. In addition, results showed that financial scarcity was associated with perceived lack of social participation, perceived stigmatization, and weaker social networks. These factors did not mediate the association between financial scarcity and feelings of societal exclusion. We discuss the potential implications of these findings for the temporal dynamics of financial scarcity and feelings of societal exclusion.

Suggested Citation

  • Noordewier, Marret K. & Doolaard, Frank T. & Lelieveld, Gert-Jan & van Dijk, Eric & Hilbert, Leon P. & Marr, Susanne & van Beest, Ilja & Gallucci, Marcello & van Dijk, Wilco W., 2025. "A longitudinal study on the association between financial scarcity and feelings of societal exclusion," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 114(C).
  • Handle: RePEc:eee:soceco:v:114:y:2025:i:c:s2214804324001563
    DOI: 10.1016/j.socec.2024.102319
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2214804324001563
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.socec.2024.102319?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. de Bruijn, Ernst-Jan & Antonides, Gerrit, 2020. "Determinants of financial worry and rumination," Journal of Economic Psychology, Elsevier, vol. 76(C).
    2. Carina Mood & Jan O. Jonsson, 2016. "Erratum to: The Social Consequences of Poverty: An Empirical Test on Longitudinal Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(2), pages 499-499, September.
    3. Matthew W. Ridley & Gautam Rao & Frank Schilbach & Vikram H. Patel, 2020. "Poverty, Depression, and Anxiety: Causal Evidence and Mechanisms," NBER Working Papers 27157, National Bureau of Economic Research, Inc.
    4. van Dijk, Wilco W. & van der Werf, Minou M.B. & van Dillen, Lotte F., 2022. "The Psychological Inventory of Financial Scarcity (PIFS): A psychometric evaluation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 101(C).
    5. Carina Mood & Jan O. Jonsson, 2016. "The Social Consequences of Poverty: An Empirical Test on Longitudinal Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(2), pages 633-652, June.
    6. Hilbert, Leon P. & Noordewier, Marret K. & van Dijk, Wilco W., 2022. "The prospective associations between financial scarcity and financial avoidance," Journal of Economic Psychology, Elsevier, vol. 88(C).
    7. Christina Sagioglou & Carola Hommerich, 2024. "Perceived Social Exclusion Partially Accounts for Social Status Effects on Subjective Well-Being: A Comparative Study of Japan, Germany, and the United States," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 19(3), pages 1337-1363, June.
    8. Joseph Henrich & Steve J. Heine & Ara Norenzayan, 2010. "The Weirdest People in the World?," RatSWD Working Papers 139, German Data Forum (RatSWD).
    9. Hjalmarsson, Simon & Mood, Carina, 2015. "Do poorer youth have fewer friends? The role of household and child economic resources in adolescent school-class friendships," Children and Youth Services Review, Elsevier, vol. 57(C), pages 201-211.
    10. Scholten, Lincy & Betkó, János & Gesthuizen, Maurice & Fransen-Kuppens, Gerdine & de Vet, Renée & Wolf, Judith, 2023. "Reciprocal relations between financial hardship, sense of societal belonging and mental health for social assistance recipients," Social Science & Medicine, Elsevier, vol. 321(C).
    11. Miranda J. Lubbers & Mario Luis Small & Hugo Valenzuela García, 2020. "Do Networks Help People To Manage Poverty? Perspectives from the Field," The ANNALS of the American Academy of Political and Social Science, , vol. 689(1), pages 7-25, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kenneth Owusu Ansah & Nutifafa Eugene Yaw Dey & Abigail Esinam Adade & Pascal Agbadi, 2022. "Determinants of life satisfaction among Ghanaians aged 15 to 49 years: A further analysis of the 2017/2018 Multiple Cluster Indicator Survey," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-18, January.
    2. Nguyen, Cuong Viet, 2021. "Can money buy friends? Evidence from a natural experiment," European Economic Review, Elsevier, vol. 136(C).
    3. Anna Ploszaj, 2024. "Does Stress Make You Less Neighbourly?," Economic Papers, The Economic Society of Australia, vol. 43(2), pages 124-144, June.
    4. Simonse, Olaf & Van Dijk, Wilco W. & Van Dillen, Lotte F. & Van Dijk, Eric, 2024. "Economic predictors of the subjective experience of financial stress," Journal of Behavioral and Experimental Finance, Elsevier, vol. 42(C).
    5. Sèna Kimm Gnangnon, 2022. "Does Poverty Matter for Tax Revenue Performance in Developing Countries?," South Asian Journal of Macroeconomics and Public Finance, , vol. 11(1), pages 7-38, June.
    6. Nicolai Suppa, 2021. "Walls of glass. Measuring deprivation in social participation," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(2), pages 385-411, June.
    7. Sin-Yu Ho & Bernard Njindan Iyke, 2017. "Does Financial Development Lead to Poverty Reduction in China? Time Series Evidence," Journal of Economics and Behavioral Studies, AMH International, vol. 9(1), pages 99-112.
    8. Fred van Raaij, W. & Riitsalu, Leonore & Põder, Kaire, 2023. "Direct and indirect effects of self-control and future time perspective on financial well-being," Journal of Economic Psychology, Elsevier, vol. 99(C).
    9. Kung, Claryn S.J. & Pudney, Stephen E. & Shields, Michael A., 2022. "Economic gradients in loneliness, social isolation and social support: Evidence from the UK Biobank," Social Science & Medicine, Elsevier, vol. 306(C).
    10. Khairul Amri & Raja Masbar & B. S. Nazamuddin & Hasdi Aimon, 2024. "Does Unemployment Moderate the Effect of Government Expenditure on Poverty? A Cross-Provinces Data Evidence from Indonesia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 92-113.
    11. Hilbert, Leon P. & Noordewier, Marret K. & van Dijk, Wilco W., 2022. "Financial scarcity increases discounting of gains and losses: Experimental evidence from a household task," Journal of Economic Psychology, Elsevier, vol. 92(C).
    12. Gnangnon, Sèna Kimm, 2020. "Effect of Poverty on Services Export Concentration in Developing Countries," EconStor Preprints 223178, ZBW - Leibniz Information Centre for Economics.
    13. Bialowolski, Piotr & A.Makridis, Christos & Bradshaw, Matt & Bialowolska, Dorota Weziak & Gundersen, Craig & Le Pertel, Noémie & Gibson, Cristina & Jang, Sung Joon & Padgett, R. Noah & Johnson, Byron , 2025. "Analysis of demographic variation and childhood correlates of financial well-being across 22 countries," OSF Preprints 6cnem_v1, Center for Open Science.
    14. French, Declan & Vigne, Samuel, 2019. "The causes and consequences of household financial strain: A systematic review," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 150-156.
    15. Antonio M. Salcedo & Gregorio Izquierdo, 2018. "An Empirical Approach to the Poverty Indicators Based on Revealed Parameters: The Case of Spain," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(2), pages 623-638, July.
    16. Tarlok Singh, 2022. "Economic growth and the state of poverty in India: sectoral and provincial perspectives," Economic Change and Restructuring, Springer, vol. 55(3), pages 1251-1302, August.
    17. Gregorio Izquierdo Llanes & Antonio Salcedo Galiano, 2023. "Why does equivalization matter? An application to the monetary poverty in the sustainable development goals framework," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 2575-2589, June.
    18. G. Bonanno & L. Chies & E. Podrecca, 2023. "The determinants of poverty exits and entries and the role of social benefits: the Italian case," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(3), pages 931-969, October.
    19. Bedük, Selçuk, 2018. "Identifying people in poverty: a multidimensional deprivation measure for the EU," SocArXiv 7prxq, Center for Open Science.
    20. Julia Woodhall-Melnik & Allyson Lamont & Emily Nombro & James R. Dunn & Daniel D. J. Dutton, 2024. "Social Support, Depression and Self-Reported Physical Health in Persons Waiting for Access to Subsidized Housing," SAGE Open, , vol. 14(3), pages 21582440241, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:114:y:2025:i:c:s2214804324001563. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.