Moderated mediating effect of economic ability through self-esteem on the relationship between leisure activity values and life satisfaction of the elderly

The purpose of this study was to identify the moderated mediating effect of economic ability through self-esteem in the relationship between the leisure activity values of the elderly and their life satisfaction. A total of 480 questionnaires were distributed through face-to-face and panel surveys. After excluding 42 insincerely answered questionnaires and outliers, 448 responses (351 Internet panel and 97 direct surveys) were analyzed. The research results are as follows. First, self-esteem was found to play a mediating role in the relationship between the elderly's leisure activity values and life satisfaction. Second, economic ability was found to have a moderating effect in the relationship between the elderly's self-esteem and life satisfaction. Third, economic ability through self-esteem was found to have a moderated mediating effect on the relationship between the elderly's leisure activity values and life satisfaction.