Running Head: SES and Adolescent Psychosocial Health Key Words: Psychosocial Health, Adolescence, SES

Previous research has consistently found a significant relationship between socioeconomic inequalities and health status; individuals with lower income, education, and occupational prestige have and report more health problems. Interestingly, this relationship has not been consistent across the life cycle; health differences among adolescents across socioeconomic groups are not as clearly defined. Using data (n = 1039) on adolescents from Southern Hungary, we examine the role of socioeconomic differences in predicting psychosocial health. We argue that this investigation is of particular importance in a post-communist system where the general perception of SES is undergoing significant transformation. Findings show that 'classical' SES indicators (manual/nonmanual occupational status) were not significant predictors of psychosocial health among this sample of Hungarian adolescents. While parents' employment status as 'objective' SES indicator had only limited effects, SES self-assessment, as a subjective SES variable, proved to be the strongest predictor of adolescents' psychosocial health. We discuss the implications of these findings for the broader SES-health literature with specific attention paid to the impact these relationships may have for adolescent and young adult development in a post-communist country like Hungary.