| Title: | One (financial well-being) model fits all? : testing the multidimensional subjective financial well-being scale across nine countries |
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| Authors: | ID Sorgente, Angela (Author)
ID Lep, Žan (Author)
ID Zupančič, Maja (Author) |
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| Files: |  URL - Source URL, visit https://link.springer.com/article/10.1007/s10902-024-00708-z
 PDF - Presentation file, download (1,04 MB)
MD5: 842AC3B6F5F0006D0ACE4DC3C324CE44
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| Language: | English |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: |  PI - Educational Research Institute
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| Abstract: | A multidimensional model of emerging adults’ subjective financial well-being was proposed (Sorgente and Lanz, Int Journal of Behavioral Development, 43(5), 466–478 2019). The authors also developed a 5-factor scale (the Multidimensional Subjective Financial Well-being Scale, MSFWBS) intending to measure this construct in the European context. To date, data using this instrument have been collected in nine countries: Austria, Canada, Finland, India, Italy, Portugal, Romania, Slovenia, and Turkey. In the current study, data from these countries were analysed to test the validity of this model internationally. In particular, using an international sample of 4,475 emerging adults, we collected the following kinds of validity evidence for the MSFWBS: score structure, reliability, generalizability, convergent, and criterion-related evidence. Findings suggest that the MSFWBS (1) yields valid and reliable scores, and (2) works well in individualistic and economically developed countries, producing comparable scores. Implications for researchers and practitioners are discussed. |
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| Keywords: | psychology, finance, well being, cross cultural studies, test reliability, test validity, emerging adulthood, Multidimensional subjective financial well-being scale for emerging adults MSFWBS, Satisfaction with life scale SWLS |
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| Publication status: | Published |
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| Publication version: | Version of Record |
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| Publication date: | 01.02.2024 |
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| Year of publishing: | 2024 |
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| Number of pages: | 26 str. |
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| Numbering: | Vol. 25, article no. ǂ13 |
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| PID: | 20.500.12556/DiRROS-21329  |
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| UDC: | 159.923.072-053.81 |
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| ISSN on article: | 1573-7780 |
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| DOI: | 10.1007/s10902-024-00708-z |
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| COBISS.SI-ID: | 183874819 |
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| Note: | Nasl. z nasl. zaslona;
Soavtorja iz Slovenije: Žan Lep, Maja Zupančič;
Opis vira z dne 6. 2. 2024;
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| Publication date in DiRROS: | 27.01.2025 |
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| Views: | 555 |
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| Downloads: | 303 |
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