Modeling perceived economic well-being in a family setting: A gender perspective

Celia R. Hayhoe, Mari S. Wilhelm

Research output: Contribution to journalArticle

22 Scopus citations

Abstract

Perceived economic well-being refers to judgments of one's economic situation in light of what is required and desired. Two hypotheses were tested and confirmed with a sample of couples: 1) that before reaching judgment, people pass objective and perceptual information through two mediators, comparison of economic outcomes and level of strain and 2) that men and women differ. Comparison of economic outcomes accounted for over half the explained variance in two models. Level of strain was significant in both models, but accounted for only a small portion of the explained variance.

Original languageEnglish (US)
Pages (from-to)21-34
Number of pages14
JournalJournal of Financial Counseling and Planning
Volume9
Issue number1
StatePublished - Jan 1 1998

Keywords

  • Family economics
  • Feminist
  • Perceived economic well-being
  • Perceptions
  • Theory

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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