Unemployment, economic strain and family distress: The ımpact of the 2001 economic crisis

Abstract

This essay focuses on economic hardship in the wake of the 2001 economic crisis and the impact of the resulting economic strain on individual and family distress (i.e., stress, emotional distress, physical health, and marital problems). Previous research on the impact of the economic crisis in Turkey has relied on small and non-representative samples or was limited to descriptive analyses. This research analyzes a nationally representative sample of 1,107 urban households using multivariate techniques. The OLS regression results show that, while the negative effects of the economic crisis were widely felt, those who lost their jobs, had a longer duration of unemployment, and who experienced higher levels of economic strain were affected most. Economic hardship and high and increasing levels of economic strain had a strong negative effect on perceived stress levels, emotional distress, physical health problems and marital problems. Renters were particularly hard hit by the crisis and report more strain and personal distress than non-renters.