Buffering Effects for Negative Life Events: The Role of Material, Social, Religious and Personal Resources
The changes in subjective wellbeing experienced following negative life events can be buffered by various types of resources. In the present article, we compare the influences of material, religious, social and personality resources using the Swiss Household Panel in a unified framework. Fixed effects regression models are estimated for four negative life events: separation, death of a closely related person, unemployment and disability. Buffering effects are estimated by interacting time since the event with the amount of resources. Religious resources show the strongest buffering whereas material resources do not seem to buffer consequences of negative life events. Social and personality resources present mixed results.
KeywordsSubjective well-being Life event Buffer Panel data Religion Personality
This study has been realized using the data collected by the Swiss Household Panel (SHP), which is based at the Swiss Centre of Expertise in the Social Sciences FORS. The project is financed by the Swiss National Science Foundation. The research was supported by the Swiss National Science Foundation (Project FNS—D-A-CH-10001AL_166319). The authors wish to thank Laura Ravazzini, Jehane Simona and Justus Veenman as well as the anonymous reviewers for their valuable comments.
Compliance with Ethical Standards
Conflict of interest
The authors declare that they have no conflict of interest.
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