IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0279079.html

In the quest for effective factors of satisfaction with life: Insights from intra-couple interaction and financial management variables

Author

Listed:
  • Monika Baryła-Matejczuk
  • Wiesław Poleszak
  • Kamil Filipek
  • Andrzej Cwynar
  • Tomasz Żółtak

Abstract

The aim of the study was to investigate the factors affecting life satisfaction with reference to particular reports from both partners in the relationship. The study was conducted within a group of 500 heterosexual couples. The accuracy of the actor-partner interdependence models (APIM) which offer in-depth insights into the dyadic relationships between female and male partners were estimated. The results of the chi-square test enabled us to reject the hypothesis of actor indistinguishability, therefore the model proposing distinguishability with respect to gender was explored further. The results suggest that women’s credit management behavior patterns predict changes in her assessment of well-being. Moreover, the financial behavior patterns of women have an impact on the assessment of well-being as reported by their male partners. Moreover, shared goals and values turned out to be significant with regard to the assessment of quality of life for both women and men. The obtained results provide an insight into the difficulties experienced within relationships and indicate the importance of the roles assumed in various areas of financial management.

Suggested Citation

  • Monika Baryła-Matejczuk & Wiesław Poleszak & Kamil Filipek & Andrzej Cwynar & Tomasz Żółtak, 2023. "In the quest for effective factors of satisfaction with life: Insights from intra-couple interaction and financial management variables," PLOS ONE, Public Library of Science, vol. 18(3), pages 1-15, March.
    • Handle: RePEc:plo:pone00:0279079
    DOI: 10.1371/journal.pone.0279079
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0279079
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0279079&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0279079?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
    ---><---

    References listed on IDEAS

    as
    1. van Buuren, Stef & Groothuis-Oudshoorn, Karin, 2011. "mice: Multivariate Imputation by Chained Equations in R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 45(i03).
    2. Andrzej Cwynar & Wiktor Cwynar & Monika Baryła-Matejczuk & Moises Betancort, 2019. "Sustainable Debt Behaviour and Well-Being of Young Adults: The Role of Parental Financial Socialisation Process," Sustainability, MDPI, vol. 11(24), pages 1-26, December.
    3. Linda Skogrand & Alena Johnson & Amanda Horrocks & John DeFrain, 2011. "Financial Management Practices of Couples with Great Marriages," Journal of Family and Economic Issues, Springer, vol. 32(1), pages 27-35, March.
    4. Strömbäck, Camilla & Skagerlund, Kenny & Västfjäll, Daniel & Tinghög, Gustav, 2020. "Subjective self-control but not objective measures of executive functions predicts financial behavior and well-being," Journal of Behavioral and Experimental Finance, Elsevier, vol. 27(C).
    5. Deniz Yucel, 2018. "The Dyadic Nature of Relationships: Relationship Satisfaction among Married and Cohabiting Couples," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 13(1), pages 37-58, March.
    6. Marcin Hitczenko, 2016. "The influence of gender and income on the household division of financial responsibility," Working Papers 16-20, Federal Reserve Bank of Boston.
    7. Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
    8. Ed Diener & Ed Sandvik & Larry Seidlitz & Marissa Diener, 1993. "The relationship between income and subjective well-being: Relative or absolute?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 28(3), pages 195-223, March.
    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. BARTOLINI Stefano & SARRACINO Francesco, 2011. "Happy for How Long? How Social Capital and GDP relate to Happiness over Time," LISER Working Paper Series 2011-60, Luxembourg Institute of Socio-Economic Research (LISER).
    2. Caporale, Guglielmo Maria & Georgellis, Yannis & Tsitsianis, Nicholas & Yin, Ya Ping, 2009. "Income and happiness across Europe: Do reference values matter?," Journal of Economic Psychology, Elsevier, vol. 30(1), pages 42-51, February.
    3. Pillai N., Vijayamohanan & B. P., Asalatha, 2013. "Objectivizing the Subjective: Measuring Subjective Wellbeing," MPRA Paper 45005, University Library of Munich, Germany.
    4. António Caleiro, 2011. "Desemprego e Felicidade em Portugal," Economics Working Papers 5_2011, University of Évora, Department of Economics (Portugal).
    5. Dorrit Posel & Daniela Casale, 2011. "Relative Standing and Subjective Well-Being in South Africa: The Role of Perceptions, Expectations and Income Mobility," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 104(2), pages 195-223, November.
    6. Khatai Aliyev & Orkhan Nadirov & Bruce Dehning, 2022. "Income and Life Satisfaction: A ‘Wave Formation’ Framework," Journal of Happiness Studies, Springer, vol. 23(3), pages 847-860, March.
    7. Konow, James & Earley, Joseph, 2008. "The Hedonistic Paradox: Is homo economicus happier," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 1-33, February.
    8. Pillai N., Vijayamohanan & B. P., Asalatha, 2012. "Women Empowerment: An Epistemic Quest," MPRA Paper 43859, University Library of Munich, Germany.
    9. Benjamin Schalembier, 2016. "The Impact of Exposure to Other Countries on Life Satisfaction: An International Application of the Relative Income Hypothesis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(1), pages 221-239, August.
    10. Knies, Gundi, 2010. "Income comparisons among neighbours and life satisfaction in East and West Germany," ISER Working Paper Series 2010-11, Institute for Social and Economic Research.
    11. Yunchao Cai & Qian Li, 2024. "The Role of Relative Income in Determining Marital Satisfaction for Husband and Wife in China," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 45-55, March.
    12. Stefan Gruber & Gregor Sand, 2022. "Does Migration Pay Off in Later Life? Income and Subjective Well-Being of Older Migrants in Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(2), pages 969-988, April.
    13. Adalgiso AMENDOLA & Roberto DELL'ANNO & Lavinia PARISI, 2015. "Happiness, Inequality and Relative Concerns in European Countries," CELPE Discussion Papers 136, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    14. Drechsel-Grau, Moritz & Schmid, Kai D., 2014. "Consumption–savings decisions under upward-looking comparisons," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 254-268.
    15. Sugata Marjit & Lei Yang, 2015. "Accumulation with Malnutrition - The Role of Status Seeking Behavior," Discussion Papers Series 544, School of Economics, University of Queensland, Australia.
    16. Devrim Dumludag, 2013. "Life Satisfaction and Income Comparison Effects in Turkey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 114(3), pages 1199-1210, December.
    17. Peter Valet, 2023. "Perceptions of Pay Satisfaction and Pay Justice: Two Sides of the Same Coin?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 166(1), pages 157-173, February.
    18. Brady, David & Curran, Michaela & Carpiano, Richard M., 2023. "A test of the predictive validity of relative versus absolute income for self-reported health and well-being in the United States," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 48, pages 775-808.
    19. Alexandru Cojocaru, 2016. "Does Relative Deprivation Matter in Developing Countries: Evidence from Six Transition Economies," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(3), pages 735-756, February.
    20. Bogaerts, Tess & Pandelaere, Mario, 2013. "Less is more: Why some domains are more positional than others," Journal of Economic Psychology, Elsevier, vol. 39(C), pages 225-236.

    More about this item

    Statistics

    Access and download statistics

    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:plo:pone00:0279079. 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: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    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.