Table 5 Mediation by financial-related discrimination on the longitudinal associations between wealth (poorest vs. richest) and psychological well-being related measures (n = 8,988)

Depressive symptoms

Wealth → financial-related discrimination

(IV to M, path a)

OR = 1.813***

1.373, 2.392

OR = 1.813***

1.373, 2.392

Financial-related discrimination → depressive symptoms

(M to DV, path b)

β = 0.173**

0.073, 0.274

β = 0.223***

0.112, 0.334

Wealth → depressive symptoms

(total effect, path c)

β = 0.183***

0.128, 0.239

β = 0.182***

0.125, 0.239

Wealth → depressive symptoms

(direct effect, path c’)

β = 0.177***

0.122, 0.232

β = 0.174***

0.116, 0.231

Wealth → depressive symptoms

(indirect effect)

β = 0.006*

0.001, 0.011

3.28

β = 0.008*

0.002, 0.014

4.40

Enjoyment of life

Wealth → financial-related discrimination

(IV to M, path a)

OR = 1.812***

1.371, 2.395

OR = 1.812***

1.371, 2.395

Financial-related discrimination → enjoyment of life

(M to DV, path b)

β= -0.160**

-0.255, -0.065

β= -0.116*

-0.215, -0.018

Wealth → enjoyment of life

(total effect, path c)

β= -0.144***

-0.193, -0.095

β= -0.164***

-0.221, -0.107

Wealth → enjoyment of life

(direct effect, path c’)

β= -0.138***

-0.187, -0.089

β= -0.160***

-0.217, -0.103

Wealth → enjoyment of life

(indirect effect)

β= -0.006*

-0.011, -0.001

4.17

β= -0.004

-0.008, 0.000

2.44

Loneliness

NA

Wealth → financial-related discrimination

(IV to M, path a)

OR = 1.816***

1.375, 2.398

Financial-related discrimination → loneliness

(M to DV, path b)

β = 0.136**

0.037, 0.234

Wealth → loneliness

(total effect, path c)

β = 0.063*

0.010, 0.116

Wealth → loneliness

(direct effect, path c’)

β = 0.058*

0.005, 0.111

Wealth → loneliness

(indirect effect)

β = 0.005*

0.000, 0.009

7.94