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Centre for Policy on Ageing | |
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| Income, age and financial satisfaction | | Author(s) | Chang-ming Hsieh |
| Journal title | International Journal of Aging and Human Development, vol 56, no 2, 2003 |
| Pages | pp 89-112 |
| Keywords | Economic status [elderly] ; Income [older people] ; Life satisfaction ; Longitudinal surveys ; United States of America. |
| Annotation | Although the effects of income and age on subjective well-being have been widely studied, research on the effects of income and age on financial satisfaction - a major life domain to which income has direct relevance - remains limited. Analysing data from the US General Social Surveys (GSS) for 1972 to 1996, this article empirically examines the effects of income and age on financial satisfaction. The findings suggest that the social-psychological mechanisms underlying the age differences in the effects of income and financial satisfaction might not reflect a clear-cut status attainment versus status maintenance framework. The findings also serve to caution future financial satisfaction research in the choice of income measures and age grouping. (RH). |
| Accession Number | CPA-031001209 A |
| Classmark | F:W: JF: F:5HH: 3J: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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