Araştırma Makalesi
PDF Zotero Mendeley EndNote BibTex Kaynak Göster

COVID-19 Pandemisi Sürecinde Çalışma Hayatında Finansal Stres ve Politikalara Güvenin Koruyucu Etkisi

Yıl 2021, Cilt 16, Sayı 2, 555 - 574, 01.08.2021
https://doi.org/10.17153/oguiibf.891247

Öz

Bu çalışmada Türkiye’de Covid-19 pandemisi sürecinde çalışma hayatında yaşanan finansal stresin belirleyicileri ve pandemiyle mücadele politikalarına duyulan güvenin finansal stresin azaltılmasındaki rolünün incelenmesi amaçlandı. 414 çalışandan elde edilen anket verisi çok değişkenli istatistiksel yöntemlerle analiz edilmiştir. Analiz sonucunda finansal stres üzerinde iş güvencesizliği ve ücret memnuniyetinin anlamlı etkisi tespit edimiştir. Pandemiyle mücadele politikalarına duyulan güvenin finansal stresin azaltılmasında etkili olduğu bulgusuna ulaşılmakla birlikte, diğer faktörlerin finansal stresle ilişkisinde anlamlı düzenleyici etkisi bulunamamıştır. Çalışma hayatında gelir ve istihdam kaybı yaratabilecek uygulamaların engellenmesi ve bu yöndeki politikaların suiistimale imkân vermeyecek ölçüde yakından takip edilmesi önerilmektedir.

Kaynakça

  • Abiad, A., Arao, R. M., Dagli, S., Ferrarini, B., Noy, I., Osewe, P., Pagaduan, J., Park, D. & Pla-titas, R. (2020), “The economic impact of the COVID-19 outbreak on developing Asia”, Asian Development Bank Briefs, No.128.
  • Açıkgöz, Ö. & Günay, A. (2020), “The early impact of the Covid-19 pandemic on the global and Turkish economy”, Turkish Journal of Medical Sciences, 50: 520-526.
  • Alcover, C., Salgado, S., Nazar, G., Ramírez-Vielma, R. & González-Suhr, C. (2020), “Job inse-curity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support”, osf.io/p7xdf, (Accessed 23 October 20).
  • Alola, A. A., Alola, U. V. & Sarkodie, S. A. (2020), “The COVID-19 and financial stress in the USA: health is wealth”, Environ Dev Sustain, 1-12.
  • Archuleta, K. L., Britt, S. L., Tonn, T. J., & Grable, J. E. (2011), “Financial satisfaction and fi-nancial stressors in marital satisfaction”, Psychol Rep, 108(2):563-76.
  • Archuleta, K. L., Dale, A. & Spann, S. M. (2013), “College Students and Financial Distress: Exploring Debt, Financial Satisfaction, and Financial Anxiety”, Journal of Financial Co-unseling and Planning, 24(2), 50-62.
  • Bailey, W. C., Woodiel, D. K., Turner, M. J. & Young, J. (1998), “The relationship of financial stress to overall stress and satisfaction”, Personal Finances and Worker Productivity, 2(2), 198–206.
  • Balcı, Y. & Çetin, G. (2020), “Impact of COVID-19 Pandemıc on Employment in Turkey and Measures to be taken by the Government”, İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, (Covid-19 Sosyal Bilimler Özel Sayısı), 19(37), 40-58.
  • Barrafrem, K., Vastfjall, D. & Tinghog, G. (2020), “Financial well-being, COVID-19, and the financial betterthan-average-effect”, J Behav Exp Finance, 28. 100410.
  • Barzilay, R., Moore, T. M., Greenberg, D. M., DiDomenico, G. E., Brown, L. A., White, L. K., Gur, R. C. & Gur, R. E. (2020), “Resilience, COVID-19-related stress, anxiety and dep-ression during the pandemic in a large population enriched for healthcare providers”, Transl. Psychiatry, 10. 291.
  • BBC (2020), Global economy will suffer for years to come, says OECD. https://www.bbc.com/news/business-52000219, (Accessed 24 October 2020). Brouder, A., Gray, D., Islam, A. & Bhuiyan, S. J. (2020), “A Literature Review of the Econo-mics of COVID-19”, IZA DP No. 13411.
  • Cao, W., Fang, Z., Hou, G., Han, M., Xu, X., Dong, J., & Zheng, J. (2020), “The psychological impact of the COVID-19 epidemic on college students in China”, Psychiatry rese-arch, 287, 112934. Carlsson-Szlezak, P., Reeves, M. & Swarts, P. (2020), “What Coronavirus Could Mean for the Global Economy”, https://hbr.org/2020/03/what-coronavirus-could-mean-for-the-global-economy, (Accessed 30 October 2020).
  • Catalano, R., Goldman-Mellor, S., Saxton, K., Margerison-Zilko, C., Subbaraman, LeWinn, K., & Anderson, E. (2011), “The health effects of economic decline”, Annual Review of Public Health, 32. 431-450.
  • Choi, S. L., Heo, W., Cho, S. H. & Lee, P. (2020), “The links between job insecurity, financial well-being and financial stress: A moderated mediation model”, International Journal of Consumer Studies, 44(4), 353–360.
  • Codagnone, C., Bogliacino, F., Gómez, C., Charris, R., Montealegre, F., Liva, G., Lupiáñez-Villanueva, F. Folkvord, F. & Veltri, G. A. (2020), ”Assessing concerns for the econo-mic consequence of the COVID-19 response and mental health problems associated with economic vulnerability and negative economic shock in Italy, Spain, and the United Kingdom”, PLOS ONE, 15(10): e0240876.
  • CRC (2021), COVID-19 Map. https://coronavirus.jhu.edu/map.html, (Accessed 03 February 2021).
  • Davis, C. G. & Mantler, J. (2004), The Consequences of Financial Stress for Individuals, Fami-lies, and Society. Ottawa: Centre for Research on Stress, Coping and Well-Being, De-partment of Psychology, Carleton University.
  • Drakopoulos, S. A. & Grimani, K. (2015), “The Effect Of Pay Cuts On Psychological Well-Being and Job Satisfaction”, In R. Osbourne (Ed.), Job satisfaction: Determinants, workplace implications and impacts on psychological well-being (113-126), New York. NY: Nova Science.
  • Fetzer, T., Marc W., Lukas H., Jon J., Johannes H., Andriy I., Stefano C., Elena, R., Christopher, R. & Stefano F. (2020), “Global Behaviors and Perceptions in the COVID-19 Pande-mic”, PsyArXiv (Preprint), doi: 10.31234/osf.io/3kfmh.
  • Fetzer, T., Witte, M., Hensel, L., Jachimowicz, J., Haushofer, J., Ivchenko, A., … Yoeli, E. (2020), “Perceptions of an Insufficient Government Response at the Onset of the COVID-19 Pandemic are Associated with Lower Mental Well-Being”, https://doi.org/10.31234/osf.io/3kfmh.
  • Frankfort-Nachmias, C. & Leon-Guerrero, A. (2006), Social Statistics for A Diverse Society (4th Edition), SAGE Publications.
  • Friedline, T., Chen, Z. & Morrow, S. (2020), “Families” Financial Stress & Well‑Being: The Im-portance of the Economy and Economic Environments”, Journal of Family and Econo-mic Issues, https://doi.org/10.1007/s10834-020-09694-9.
  • George, D. & Mallery, P. (2019), IBM SPSS Statistics 25 Step by Step (15th Edition), New York: Routledge.
  • Godinic, D., Obrenovic, B. & Khudaykulov, A. (2020), “Effects of Economic Uncertainty on Mental Health in the COVID-19 Pandemic Context: Social Identity Disturbance, Job Un-certainty and Psychological Well-Being Model”, International Journal of Innovation and Economics Development, 6(1), 61-74.
  • Han Q, Zheng B, Cristea M, Agostini M, Belanger J, Gutzkow B, Kreienkamp J. & Leander P. (2020), “Trust in government and its associations with health behaviour and prosocial behaviour during the COVID-19 pandemic”, PsyArXiv, https://psyarxiv.com/p5gns/. (Accessed 18 January 2021).
  • Hayes, A. (2018), Introduction to mediation, moderation, and conditional process analysis: A regression-based approach, New York: Guilford Press. Heaney, C. A., Israel, B. A. & House, J. S. (1994), “Chronic Job Insecurity Among Automobile Workers: Effects On Job Satisfaction And Health”, Sm. Sci. Med, 38(10), 1431-1437.
  • Holingue, C., Badillo-Goicoechea, E., Riehm, K.E., Veldhuis, C.B., Thrul, J., Johnson, R. M., Fallin, M. D., Kreuter, F., Stuart, E. A. & Kalb, L. G., (2020), “Mental distressduring the COVID-19 pandemic among US adults without a pre-existing mentalhealth condi-tion:findings from American trend panel survey”, Prev. Med, 139,106231.
  • Jones K E, Patel N G, Levy M A, Storeygard A, Balk D., Gittleman, J. L. & Daszak, P. (2008), “Global Trends in Emerging Infectious Diseases”, Nature,. 451 (7181): 990–93.
  • Jung, H. S., Jung, Y. S., & Yoon, H. H. (2021), “COVID-19: The effects of job insecurity on the job engagement and turnover intent of deluxe hotel employees and the moderating role of generational characteristics”, International journal of hospitality management. 92, 102703, https://doi.org/10.1016/j.ijhm.2020.102703.
  • Holmes E, O”Connor R, Perry V, Tracey I, Wessely S, Arseneault L, Ballard C. & Christensen H. (2020), “Multidisciplinary research priorities for the COVID-19 pandemic: a call for action for mental health science”, Lancet Psychiatry, 7(6), 547-560.
  • Hu, L. T. & Bentler, P. M. (1999), “Cutoff criteria for fit indexes in covariance structure analy-sis: Conventional criteria versus new alternatives”, Structural Equation Modeling: A Multidisciplinary Journal, 6(1), 1-55.
  • ILO (2020a), ILO Monitor: COVID-19 and the world of work. Second edition. https://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/briefing no-te/wcms_740877.pdf, (Accessed 30 October 2020).
  • ILO (2020b), ILO Monitor: COVID-19 and the world of work. Sixth edition https://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/documents/briefingnote/wcms_755910.pdf, (Accessed 30 October 2020).
  • IMF (2020a), World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncer-tain Recovery. IMF”, https://www.imf.org/en/Publications/WEO/Issues/2020/ 06/24/WEOUpdateJune2020, (Accessed 30 October 2020).
  • IMF (2020b), World Economic Outlook, October 2020: A Long and Difficult Ascent. https://www.imf.org/~/media/Files/Publications/WEO/2020/October/English/text.ashx?la=en, (Accessed 2 November 2020).
  • Imranullah, M. (2018), Impact of Economic and Institutional Factors on the Socio-Economic Growth of Khyber Pakhtunkhwa, Pakistan, Doctoral thesis, Asia e University.
  • Islam, S., Akter, R., Sikder, T. & Griffiths, M. D. (2020), “Prevalence and factors associated with depression and anxiety among first-year university students in Bangladesh: a cross-sectional study”, Int J Ment Health Addict. https://doi.org/10.1007/s11469-020-00242-y, (Accessed 24 October 2020).
  • Joo, S. & Grable, J. E. (2004), “An Exploratory Framework of the Determinants of Financial Satisfaction”, Journal of Family and Economic Issues, 25(1), 25-50.
  • Kämpfen, F., Kohler, I. V., Ciancio, A., Bruine, W. B., Maurer, J. & Kohler, H. P. (2020), “Pre-dictors of mental health during the Covid-19 pandemic in the US: Role of economic concerns, health worries and social distancing”, PLoS One, Nov 11;15(11):e0241895.
  • Kim, J., & Garman, E. T. (2004), “Financial stress, pay satisfaction and workplace performan-ce”, Compensation & Benefits Review, 36(1), 69-76.
  • Kline, R. B. (2016), Principles and Practice of Structural Equation Modeling, (4rd ed), The Gu-ilford Press.
  • Linden, M., Muschalla, B. & Olbrich, D. (2008), “A self-rating questionnaire for work-related anxieties”, https://www.researchgate.net/publication/341433910_Job_Anxiety _Scale_JAS_A_self-rating_questionnaire_for_work-related_anxieties_Manual, (Acces-sed 18 January 2021).
  • Loehlin, J. C. (2004), Latent Variable Models An Introduction to Factor, Path, and Structural Equation Analysis (4th Edition), New Jersey: Lawrence Erlbaum Associates.
  • Lübke, C. (2019), “How self-perceived job insecurity affects health: Evidence from an age-differentiated mediation analysis”, Economic and Industrial Democracy, https://doi.org/10.1177/0143831X19846333.
  • Madhav, N., Oppenheim, B., Gallivan, M., Mulembakani, P., Rubin, E., & Wolfe, N. (2017), “Pandemics: Risks, Impacts, and Mitigation”, In D. T. Jamison, H. Gelband, S. Horton, P. Jha, R. Laxminarayan, C. N. Mock, & R. Nugent (Eds.), Disease Control Priorities: Imp-roving Health and Reducing Poverty (3rd ed.), http://www.ncbi.nlm.nih.gov/books/NBK525302/, (Accessed 29 October 20).
  • Malhotra, C., Chaudhry, I., Ozdemir, S., Teo, I. & Finkelstein, E.A. (2020), “Anxiety and perce-ived risk during COVID-19 outbreak”, medRxiv, DOI: 10.1101/2020.07.24.20161315.
  • Manojkrishnan, C.G. & Aravind, M. (2020), “Covid - 19 Pandemic and its Impact on Labor For-ce: A New Model Based on Social Stress Theory and Prospect Theory”, SciPap, 28 (3), 1070.
  • Meltzer H., Bebbington P., Brugha T., Jenkins R., McManus S. & Stansfeld S. (2010), “Job inse-curity, socio-economic circumstances and depression”, Psychol Med, 40:1401–7.
  • Miceli, M. P. & Lane, M. C. (1991), “Antecedents of Pay Satisfaction: A Review and Exten-sion”, In K. Rowland & G. R. Ferris (eds.), Research in Personnel and Human Resour-ces Management. Greenwich, CT: JAI Press, 235–310.
  • Moreno C, Wykes T, Galderisi S, Nordentoft M, Crossley N, Jones N, Cannon M, Correll C, Byrne L, Carr S, Chen E, Gorwood P, Johnson S, Kärkkäinen H, et al. (2020), “How mental health care should change as a consequence of the COVID-19 pandemic”, Lancet Psychiatry, 7(9), 813-824.
  • Mou, J. (2020), “Research on the Impact of COVID 19 on Global Economy”, IOP Conf. Series: Earth and Environmental Science, 546, 032043. Nunnally, J. C. (1978), Psychometric Theory (2nd Ed.), New York: Mcgraw-Hill.
  • OECD (2013), Government at a Glance 2013. OECD Publishing. http://dx.doi.org/10.1787 /gov_glance2013-en, (Accessed 12 December 2020).
  • O”Hara, L., Rahim, H. F. & Shi, Z. (2020), “Gender and trust in government modify the associa-tion between mental health and stringency of social distancing related public health mea-sures to reduce COVID-19: a global online survey”, medRxiv, doi: https://doi.org/10.1101/2020.07.16.20155200.
  • Olagoke, A. A., Olagoke, O. O. & Hughes, A. M. (2020), “Psychological Pathways Linking Pub-lic Trust During the Coronavirus Pandemic to Mental and Physical Well-being”, Front. Psychol, 11:570216.doi: 10.3389/fpsyg.2020.570216.
  • Öztürk, Ö., Şişman, M. Y., Uslu, H. & Çıtak, F. (2020), “Effects Of Covid-19 Outbreak On Tur-kish Stock Market: A Sectoral-Level Analysis”, Hitit Üniversitesi Sosyal Bilimler Enstitü-sü Dergisi, 13(1), 56-68.
  • Park, C. Y. & Mercado, R. V. Jr. (2014), “Determinants of financial stress in emerging market economies”, Journal of Banking and Finance, 45. 199–224.
  • Rajani, N. B., Giannakopoulos, G. & Filippidis, F. T. (2016), “Job insecurity, financial difficul-ties and mental health in Europe”, Occupational Medicine, 66(8), 681–683.
  • Reuters (2020), Turkey”s steps to support economy over COVID-19 reach $29 bln – minister”, https://www.reuters.com/article/health-coronavirus-turkey-economy-idUSL5N2CD08 V, (Accessed 2 November 2020).
  • Sağlık Bakanlığı (2021), Türkiye Covid-19 Hasta Tablosu, https://covid19.saglik.gov.tr/. (Acces-sed 03 February 2021).
  • Shanahan, L., Steinhoff, A., Bechtiger, L., Murray, A.L., Nivette, A., Hepp, U., Ribeaud, D. & Eisner, M. (2020), “Emotional distress in young adults during the COVID-19 pandemic: evidence of risk and resilience from a longitudinal cohort study”, Psychological Medici-ne, 1–10.
  • Sivarajah, K., Achchuthan, S. & Umanakenan, R. (2014), “Pay satisfaction and Financial Stress: A study of the school Teachers in the Northern Province, Sri Lanka”, Journal of Educa-tion and Practice, 5(7), 16-23.
  • Stephany, F., Stoehr, N., Darius, P., & Braesemann, F. (2020), “Which industries are most seve-rely affected by the COVID-19 pandemic? A data-mining approach to identify industry-specific risks in real-time”, https://arxiv.org/abs/2003.12432, (Accessed 23 October 2020).
  • Sverke, M. & Hellgren, J. (2002), “The Nature of Job Insecurity: Understanding Employment Uncertainty on the Brink of a New Millennium”, Applied Psychology: An International Review, 51(1), 23–42.
  • Taylor, M., Jenkins, S. & Sacker, A. (2011), “Financial capability, income and psychological wellbeing”, ISER Working Paper Series, No. 2011-18. Tesfaw, A. A. & Yitayih, T. T. (2018), “A study on financial stress and coping strategies among students in Rift Valley University, Ethiopia”, Humanity & Social Sciences Jour-nal, 13(1), 1-10.
  • Thakkar, J. J. (2020), Structural Equation Modelling, Springer.
  • Vosloo, W. (2014), The relationship between financial efficacy, satisfaction with remuneration and personal financial well-being. North-West University. https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1028.7887&rep=rep1&type=pdf, (Accessed 16 November 2020).
  • Voydanoff, P. (1990), “Economic distress and family relations: A review of the eighties”, Jour-nal of Marriage and Family, 52(4), 1099–1115.
  • WHO (2020), “WHO announces COVID-19 outbreak a pandemic”, https://www.euro.who.int/en/health-topics/health-emergencies/coronavirus-covid-19/n ews/news/2020/3/who-announces-covid-19-outbreak-a-pandemic, (Accessed 23 Octo-ber 2020).
  • Weich, S. & Lewis, G. (1998), “Poverty, unemployment, and common mental disorders: popula-tion based cohort study”, BMJ (Clinical research ed.), 317(7151), 115–119.
  • Wilson, J. M., Lee, J., Fitzgerald, H. N., Oosterhoff, B., Sevi, B. & Shook N. J. (2020), “Job Insecurity and Financial Concern During the COVID-19 Pandemic Are Associated With Worse Mental Health”, JOEM, 62(9), 686-691.
  • World Bank (2020a), “COVID-19 to Plunge Global Economy into Worst Recession since World War II”, https://www.worldbank.org/en/news/press-release/2020/06/08/covid-19-to-plunge-global-economy-into-worst-recession-since-world-war-ii, (Accessed 24 October 2020).
  • World Bank (2020b), Turkey Economic Monitor, August 2020: Adjusting The Sails. https://openknowledge.worldbank.org/bitstream/handle/10986/34318/Turkey-Economi c-Monitor-Adjusting-the-Sails.pdf?sequence=6&isAllowed=y, (Accessed 2 November 2020).
  • WTO (2020), Trade set to plunge as COVID-19 pandemic upends global economy”, https://www.wto.org/english/news_e/pres20_e/pr855_e.htm, (Accessed 30 October 2020).

Financial Stress and Buffer Effects of Trust in Policies in Business Life During the COVID-19 Pandemic

Yıl 2021, Cilt 16, Sayı 2, 555 - 574, 01.08.2021
https://doi.org/10.17153/oguiibf.891247

Öz

This study aimed to investigate the determinants of financial stress experienced in working life during the COVID-19 pandemic process in Turkey, and also the role of the confidence placed for the government pandemic action policies in reducing financial stress. For this purpose, online survey data obtained from 414 employees were analyzed with multivariate statistical methods. As a result of the analysis, the significant effect of job insecurity and pay satisfaction on financial stress was determined. Although it was found that trust in the policies against pandemics was effective in reducing financial stress, a significant moderating effect of trust in policies was not found in the relationship of other factors with financial stress. It is recommended to prevent practices that may cause revenue and employment losses in businesses and closely monitor the steps taken to inhibit abuse in this area accordingly.

Kaynakça

  • Abiad, A., Arao, R. M., Dagli, S., Ferrarini, B., Noy, I., Osewe, P., Pagaduan, J., Park, D. & Pla-titas, R. (2020), “The economic impact of the COVID-19 outbreak on developing Asia”, Asian Development Bank Briefs, No.128.
  • Açıkgöz, Ö. & Günay, A. (2020), “The early impact of the Covid-19 pandemic on the global and Turkish economy”, Turkish Journal of Medical Sciences, 50: 520-526.
  • Alcover, C., Salgado, S., Nazar, G., Ramírez-Vielma, R. & González-Suhr, C. (2020), “Job inse-curity, financial threat and mental health in the COVID-19 context: The buffer role of perceived social support”, osf.io/p7xdf, (Accessed 23 October 20).
  • Alola, A. A., Alola, U. V. & Sarkodie, S. A. (2020), “The COVID-19 and financial stress in the USA: health is wealth”, Environ Dev Sustain, 1-12.
  • Archuleta, K. L., Britt, S. L., Tonn, T. J., & Grable, J. E. (2011), “Financial satisfaction and fi-nancial stressors in marital satisfaction”, Psychol Rep, 108(2):563-76.
  • Archuleta, K. L., Dale, A. & Spann, S. M. (2013), “College Students and Financial Distress: Exploring Debt, Financial Satisfaction, and Financial Anxiety”, Journal of Financial Co-unseling and Planning, 24(2), 50-62.
  • Bailey, W. C., Woodiel, D. K., Turner, M. J. & Young, J. (1998), “The relationship of financial stress to overall stress and satisfaction”, Personal Finances and Worker Productivity, 2(2), 198–206.
  • Balcı, Y. & Çetin, G. (2020), “Impact of COVID-19 Pandemıc on Employment in Turkey and Measures to be taken by the Government”, İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, (Covid-19 Sosyal Bilimler Özel Sayısı), 19(37), 40-58.
  • Barrafrem, K., Vastfjall, D. & Tinghog, G. (2020), “Financial well-being, COVID-19, and the financial betterthan-average-effect”, J Behav Exp Finance, 28. 100410.
  • Barzilay, R., Moore, T. M., Greenberg, D. M., DiDomenico, G. E., Brown, L. A., White, L. K., Gur, R. C. & Gur, R. E. (2020), “Resilience, COVID-19-related stress, anxiety and dep-ression during the pandemic in a large population enriched for healthcare providers”, Transl. Psychiatry, 10. 291.
  • BBC (2020), Global economy will suffer for years to come, says OECD. https://www.bbc.com/news/business-52000219, (Accessed 24 October 2020). Brouder, A., Gray, D., Islam, A. & Bhuiyan, S. J. (2020), “A Literature Review of the Econo-mics of COVID-19”, IZA DP No. 13411.
  • Cao, W., Fang, Z., Hou, G., Han, M., Xu, X., Dong, J., & Zheng, J. (2020), “The psychological impact of the COVID-19 epidemic on college students in China”, Psychiatry rese-arch, 287, 112934. Carlsson-Szlezak, P., Reeves, M. & Swarts, P. (2020), “What Coronavirus Could Mean for the Global Economy”, https://hbr.org/2020/03/what-coronavirus-could-mean-for-the-global-economy, (Accessed 30 October 2020).
  • Catalano, R., Goldman-Mellor, S., Saxton, K., Margerison-Zilko, C., Subbaraman, LeWinn, K., & Anderson, E. (2011), “The health effects of economic decline”, Annual Review of Public Health, 32. 431-450.
  • Choi, S. L., Heo, W., Cho, S. H. & Lee, P. (2020), “The links between job insecurity, financial well-being and financial stress: A moderated mediation model”, International Journal of Consumer Studies, 44(4), 353–360.
  • Codagnone, C., Bogliacino, F., Gómez, C., Charris, R., Montealegre, F., Liva, G., Lupiáñez-Villanueva, F. Folkvord, F. & Veltri, G. A. (2020), ”Assessing concerns for the econo-mic consequence of the COVID-19 response and mental health problems associated with economic vulnerability and negative economic shock in Italy, Spain, and the United Kingdom”, PLOS ONE, 15(10): e0240876.
  • CRC (2021), COVID-19 Map. https://coronavirus.jhu.edu/map.html, (Accessed 03 February 2021).
  • Davis, C. G. & Mantler, J. (2004), The Consequences of Financial Stress for Individuals, Fami-lies, and Society. Ottawa: Centre for Research on Stress, Coping and Well-Being, De-partment of Psychology, Carleton University.
  • Drakopoulos, S. A. & Grimani, K. (2015), “The Effect Of Pay Cuts On Psychological Well-Being and Job Satisfaction”, In R. Osbourne (Ed.), Job satisfaction: Determinants, workplace implications and impacts on psychological well-being (113-126), New York. NY: Nova Science.
  • Fetzer, T., Marc W., Lukas H., Jon J., Johannes H., Andriy I., Stefano C., Elena, R., Christopher, R. & Stefano F. (2020), “Global Behaviors and Perceptions in the COVID-19 Pande-mic”, PsyArXiv (Preprint), doi: 10.31234/osf.io/3kfmh.
  • Fetzer, T., Witte, M., Hensel, L., Jachimowicz, J., Haushofer, J., Ivchenko, A., … Yoeli, E. (2020), “Perceptions of an Insufficient Government Response at the Onset of the COVID-19 Pandemic are Associated with Lower Mental Well-Being”, https://doi.org/10.31234/osf.io/3kfmh.
  • Frankfort-Nachmias, C. & Leon-Guerrero, A. (2006), Social Statistics for A Diverse Society (4th Edition), SAGE Publications.
  • Friedline, T., Chen, Z. & Morrow, S. (2020), “Families” Financial Stress & Well‑Being: The Im-portance of the Economy and Economic Environments”, Journal of Family and Econo-mic Issues, https://doi.org/10.1007/s10834-020-09694-9.
  • George, D. & Mallery, P. (2019), IBM SPSS Statistics 25 Step by Step (15th Edition), New York: Routledge.
  • Godinic, D., Obrenovic, B. & Khudaykulov, A. (2020), “Effects of Economic Uncertainty on Mental Health in the COVID-19 Pandemic Context: Social Identity Disturbance, Job Un-certainty and Psychological Well-Being Model”, International Journal of Innovation and Economics Development, 6(1), 61-74.
  • Han Q, Zheng B, Cristea M, Agostini M, Belanger J, Gutzkow B, Kreienkamp J. & Leander P. (2020), “Trust in government and its associations with health behaviour and prosocial behaviour during the COVID-19 pandemic”, PsyArXiv, https://psyarxiv.com/p5gns/. (Accessed 18 January 2021).
  • Hayes, A. (2018), Introduction to mediation, moderation, and conditional process analysis: A regression-based approach, New York: Guilford Press. Heaney, C. A., Israel, B. A. & House, J. S. (1994), “Chronic Job Insecurity Among Automobile Workers: Effects On Job Satisfaction And Health”, Sm. Sci. Med, 38(10), 1431-1437.
  • Holingue, C., Badillo-Goicoechea, E., Riehm, K.E., Veldhuis, C.B., Thrul, J., Johnson, R. M., Fallin, M. D., Kreuter, F., Stuart, E. A. & Kalb, L. G., (2020), “Mental distressduring the COVID-19 pandemic among US adults without a pre-existing mentalhealth condi-tion:findings from American trend panel survey”, Prev. Med, 139,106231.
  • Jones K E, Patel N G, Levy M A, Storeygard A, Balk D., Gittleman, J. L. & Daszak, P. (2008), “Global Trends in Emerging Infectious Diseases”, Nature,. 451 (7181): 990–93.
  • Jung, H. S., Jung, Y. S., & Yoon, H. H. (2021), “COVID-19: The effects of job insecurity on the job engagement and turnover intent of deluxe hotel employees and the moderating role of generational characteristics”, International journal of hospitality management. 92, 102703, https://doi.org/10.1016/j.ijhm.2020.102703.
  • Holmes E, O”Connor R, Perry V, Tracey I, Wessely S, Arseneault L, Ballard C. & Christensen H. (2020), “Multidisciplinary research priorities for the COVID-19 pandemic: a call for action for mental health science”, Lancet Psychiatry, 7(6), 547-560.
  • Hu, L. T. & Bentler, P. M. (1999), “Cutoff criteria for fit indexes in covariance structure analy-sis: Conventional criteria versus new alternatives”, Structural Equation Modeling: A Multidisciplinary Journal, 6(1), 1-55.
  • ILO (2020a), ILO Monitor: COVID-19 and the world of work. Second edition. https://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/briefing no-te/wcms_740877.pdf, (Accessed 30 October 2020).
  • ILO (2020b), ILO Monitor: COVID-19 and the world of work. Sixth edition https://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/documents/briefingnote/wcms_755910.pdf, (Accessed 30 October 2020).
  • IMF (2020a), World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncer-tain Recovery. IMF”, https://www.imf.org/en/Publications/WEO/Issues/2020/ 06/24/WEOUpdateJune2020, (Accessed 30 October 2020).
  • IMF (2020b), World Economic Outlook, October 2020: A Long and Difficult Ascent. https://www.imf.org/~/media/Files/Publications/WEO/2020/October/English/text.ashx?la=en, (Accessed 2 November 2020).
  • Imranullah, M. (2018), Impact of Economic and Institutional Factors on the Socio-Economic Growth of Khyber Pakhtunkhwa, Pakistan, Doctoral thesis, Asia e University.
  • Islam, S., Akter, R., Sikder, T. & Griffiths, M. D. (2020), “Prevalence and factors associated with depression and anxiety among first-year university students in Bangladesh: a cross-sectional study”, Int J Ment Health Addict. https://doi.org/10.1007/s11469-020-00242-y, (Accessed 24 October 2020).
  • Joo, S. & Grable, J. E. (2004), “An Exploratory Framework of the Determinants of Financial Satisfaction”, Journal of Family and Economic Issues, 25(1), 25-50.
  • Kämpfen, F., Kohler, I. V., Ciancio, A., Bruine, W. B., Maurer, J. & Kohler, H. P. (2020), “Pre-dictors of mental health during the Covid-19 pandemic in the US: Role of economic concerns, health worries and social distancing”, PLoS One, Nov 11;15(11):e0241895.
  • Kim, J., & Garman, E. T. (2004), “Financial stress, pay satisfaction and workplace performan-ce”, Compensation & Benefits Review, 36(1), 69-76.
  • Kline, R. B. (2016), Principles and Practice of Structural Equation Modeling, (4rd ed), The Gu-ilford Press.
  • Linden, M., Muschalla, B. & Olbrich, D. (2008), “A self-rating questionnaire for work-related anxieties”, https://www.researchgate.net/publication/341433910_Job_Anxiety _Scale_JAS_A_self-rating_questionnaire_for_work-related_anxieties_Manual, (Acces-sed 18 January 2021).
  • Loehlin, J. C. (2004), Latent Variable Models An Introduction to Factor, Path, and Structural Equation Analysis (4th Edition), New Jersey: Lawrence Erlbaum Associates.
  • Lübke, C. (2019), “How self-perceived job insecurity affects health: Evidence from an age-differentiated mediation analysis”, Economic and Industrial Democracy, https://doi.org/10.1177/0143831X19846333.
  • Madhav, N., Oppenheim, B., Gallivan, M., Mulembakani, P., Rubin, E., & Wolfe, N. (2017), “Pandemics: Risks, Impacts, and Mitigation”, In D. T. Jamison, H. Gelband, S. Horton, P. Jha, R. Laxminarayan, C. N. Mock, & R. Nugent (Eds.), Disease Control Priorities: Imp-roving Health and Reducing Poverty (3rd ed.), http://www.ncbi.nlm.nih.gov/books/NBK525302/, (Accessed 29 October 20).
  • Malhotra, C., Chaudhry, I., Ozdemir, S., Teo, I. & Finkelstein, E.A. (2020), “Anxiety and perce-ived risk during COVID-19 outbreak”, medRxiv, DOI: 10.1101/2020.07.24.20161315.
  • Manojkrishnan, C.G. & Aravind, M. (2020), “Covid - 19 Pandemic and its Impact on Labor For-ce: A New Model Based on Social Stress Theory and Prospect Theory”, SciPap, 28 (3), 1070.
  • Meltzer H., Bebbington P., Brugha T., Jenkins R., McManus S. & Stansfeld S. (2010), “Job inse-curity, socio-economic circumstances and depression”, Psychol Med, 40:1401–7.
  • Miceli, M. P. & Lane, M. C. (1991), “Antecedents of Pay Satisfaction: A Review and Exten-sion”, In K. Rowland & G. R. Ferris (eds.), Research in Personnel and Human Resour-ces Management. Greenwich, CT: JAI Press, 235–310.
  • Moreno C, Wykes T, Galderisi S, Nordentoft M, Crossley N, Jones N, Cannon M, Correll C, Byrne L, Carr S, Chen E, Gorwood P, Johnson S, Kärkkäinen H, et al. (2020), “How mental health care should change as a consequence of the COVID-19 pandemic”, Lancet Psychiatry, 7(9), 813-824.
  • Mou, J. (2020), “Research on the Impact of COVID 19 on Global Economy”, IOP Conf. Series: Earth and Environmental Science, 546, 032043. Nunnally, J. C. (1978), Psychometric Theory (2nd Ed.), New York: Mcgraw-Hill.
  • OECD (2013), Government at a Glance 2013. OECD Publishing. http://dx.doi.org/10.1787 /gov_glance2013-en, (Accessed 12 December 2020).
  • O”Hara, L., Rahim, H. F. & Shi, Z. (2020), “Gender and trust in government modify the associa-tion between mental health and stringency of social distancing related public health mea-sures to reduce COVID-19: a global online survey”, medRxiv, doi: https://doi.org/10.1101/2020.07.16.20155200.
  • Olagoke, A. A., Olagoke, O. O. & Hughes, A. M. (2020), “Psychological Pathways Linking Pub-lic Trust During the Coronavirus Pandemic to Mental and Physical Well-being”, Front. Psychol, 11:570216.doi: 10.3389/fpsyg.2020.570216.
  • Öztürk, Ö., Şişman, M. Y., Uslu, H. & Çıtak, F. (2020), “Effects Of Covid-19 Outbreak On Tur-kish Stock Market: A Sectoral-Level Analysis”, Hitit Üniversitesi Sosyal Bilimler Enstitü-sü Dergisi, 13(1), 56-68.
  • Park, C. Y. & Mercado, R. V. Jr. (2014), “Determinants of financial stress in emerging market economies”, Journal of Banking and Finance, 45. 199–224.
  • Rajani, N. B., Giannakopoulos, G. & Filippidis, F. T. (2016), “Job insecurity, financial difficul-ties and mental health in Europe”, Occupational Medicine, 66(8), 681–683.
  • Reuters (2020), Turkey”s steps to support economy over COVID-19 reach $29 bln – minister”, https://www.reuters.com/article/health-coronavirus-turkey-economy-idUSL5N2CD08 V, (Accessed 2 November 2020).
  • Sağlık Bakanlığı (2021), Türkiye Covid-19 Hasta Tablosu, https://covid19.saglik.gov.tr/. (Acces-sed 03 February 2021).
  • Shanahan, L., Steinhoff, A., Bechtiger, L., Murray, A.L., Nivette, A., Hepp, U., Ribeaud, D. & Eisner, M. (2020), “Emotional distress in young adults during the COVID-19 pandemic: evidence of risk and resilience from a longitudinal cohort study”, Psychological Medici-ne, 1–10.
  • Sivarajah, K., Achchuthan, S. & Umanakenan, R. (2014), “Pay satisfaction and Financial Stress: A study of the school Teachers in the Northern Province, Sri Lanka”, Journal of Educa-tion and Practice, 5(7), 16-23.
  • Stephany, F., Stoehr, N., Darius, P., & Braesemann, F. (2020), “Which industries are most seve-rely affected by the COVID-19 pandemic? A data-mining approach to identify industry-specific risks in real-time”, https://arxiv.org/abs/2003.12432, (Accessed 23 October 2020).
  • Sverke, M. & Hellgren, J. (2002), “The Nature of Job Insecurity: Understanding Employment Uncertainty on the Brink of a New Millennium”, Applied Psychology: An International Review, 51(1), 23–42.
  • Taylor, M., Jenkins, S. & Sacker, A. (2011), “Financial capability, income and psychological wellbeing”, ISER Working Paper Series, No. 2011-18. Tesfaw, A. A. & Yitayih, T. T. (2018), “A study on financial stress and coping strategies among students in Rift Valley University, Ethiopia”, Humanity & Social Sciences Jour-nal, 13(1), 1-10.
  • Thakkar, J. J. (2020), Structural Equation Modelling, Springer.
  • Vosloo, W. (2014), The relationship between financial efficacy, satisfaction with remuneration and personal financial well-being. North-West University. https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1028.7887&rep=rep1&type=pdf, (Accessed 16 November 2020).
  • Voydanoff, P. (1990), “Economic distress and family relations: A review of the eighties”, Jour-nal of Marriage and Family, 52(4), 1099–1115.
  • WHO (2020), “WHO announces COVID-19 outbreak a pandemic”, https://www.euro.who.int/en/health-topics/health-emergencies/coronavirus-covid-19/n ews/news/2020/3/who-announces-covid-19-outbreak-a-pandemic, (Accessed 23 Octo-ber 2020).
  • Weich, S. & Lewis, G. (1998), “Poverty, unemployment, and common mental disorders: popula-tion based cohort study”, BMJ (Clinical research ed.), 317(7151), 115–119.
  • Wilson, J. M., Lee, J., Fitzgerald, H. N., Oosterhoff, B., Sevi, B. & Shook N. J. (2020), “Job Insecurity and Financial Concern During the COVID-19 Pandemic Are Associated With Worse Mental Health”, JOEM, 62(9), 686-691.
  • World Bank (2020a), “COVID-19 to Plunge Global Economy into Worst Recession since World War II”, https://www.worldbank.org/en/news/press-release/2020/06/08/covid-19-to-plunge-global-economy-into-worst-recession-since-world-war-ii, (Accessed 24 October 2020).
  • World Bank (2020b), Turkey Economic Monitor, August 2020: Adjusting The Sails. https://openknowledge.worldbank.org/bitstream/handle/10986/34318/Turkey-Economi c-Monitor-Adjusting-the-Sails.pdf?sequence=6&isAllowed=y, (Accessed 2 November 2020).
  • WTO (2020), Trade set to plunge as COVID-19 pandemic upends global economy”, https://www.wto.org/english/news_e/pres20_e/pr855_e.htm, (Accessed 30 October 2020).

Ayrıntılar

Birincil Dil İngilizce
Konular Sosyal
Bölüm Makaleler
Yazarlar

Hamdi Furkan GÜNAY (Sorumlu Yazar)
GÜMÜŞHANE ÜNİVERSİTESİ, GÜMÜŞHANE İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
0000-0002-0690-4903
Türkiye

Yayımlanma Tarihi 1 Ağustos 2021
Başvuru Tarihi 4 Mart 2021
Kabul Tarihi 11 Mayıs 2021
Yayınlandığı Sayı Yıl 2021, Cilt 16, Sayı 2

Kaynak Göster

APA Günay, H. F. (2021). Financial Stress and Buffer Effects of Trust in Policies in Business Life During the COVID-19 Pandemic . Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi , 16 (2) , 555-574 . DOI: 10.17153/oguiibf.891247