Attitudes to money in a random sample of adults: Factor analysis of the MAS and MBBS scales, and correlations with demographic variables
A factor analysis of the two major scales measuring attitudes toward money (Yamauchi and Templer's MAS, and Furnham's MBBS), using a random sample of 200 adults in a large Canadian city, showed the MAS to be remarkably invariant in its factor structure: power-prestige, planning-saving, frugality-distrust, and anxiety seem to be the four most important underlying dimensions of attitudes and reported behaviors. The MBBS did not replicate: the original factors did not emerge, and other analyses did not yield interpretable results. A factor analysis of items from the MAS and MBBS combined produced a reliable and meaningful four-factor solution nearly identical to the MAS scale. Correlations with age, sex, income, and education were mostly consistent with previous research: income was negatively correlated with frugality and anxiety, and positively related to planning. Age had the strongest correlations with the four factors.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 37 (2008)
Issue (Month): 5 (October)
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620175|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Epley, Nicholas & Gneezy, Ayelet, 2007. "The framing of financial windfalls and implications for public policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(1), pages 36-47, February.
- Hanley, Alice & Wilhelm, Mari S., 1992. "Compulsive buying: An exploration into self-esteem and money attitudes," Journal of Economic Psychology, Elsevier, vol. 13(1), pages 5-18, March.
When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:1803-1814. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.