IDEAS home Printed from https://ideas.repec.org/a/grg/01biss/v3y2011i1p146-156.html
   My bibliography  Save this article

Resource Transfers And Financial Satisfaction: A Preliminary Correlation Analysis

Author

Listed:
  • Chong Shyue Chuan
  • Sia Bik Kai
  • Ng Kean Kok

    (Faculty of Accountancy and Management, Universiti Tunku Abdul Rahman)

Abstract

This is a preliminary paper that attempts to set out the conceptual framework on intergenerational transfers and outline the relationship between financial satisfaction and wealth transfers decision among the older persons. It combines the concepts of resource transfers (which is made up of time transfers and financial transfers) and financial satisfaction. The paper maps the basic theories surrounding the concepts of resource transfers and financial satisfaction, and postulates that there may exist interdependencies between time transfers, financial transfers and financial satisfaction. A preliminary pilot test was also conducted to evaluate the hypotheses set out, as an initial ground work towards the study of the overall framework.

Suggested Citation

  • Chong Shyue Chuan & Sia Bik Kai & Ng Kean Kok, 2011. "Resource Transfers And Financial Satisfaction: A Preliminary Correlation Analysis," Journal of Global Business and Economics, Global Research Agency, vol. 3(1), pages 146-156, July.
  • Handle: RePEc:grg:01biss:v:3:y:2011:i:1:p:146-156
    as

    Download full text from publisher

    File URL: http://www.globalresearch.com.my/journal/business_v03n01/0011_Article_343_Final_PG146_156.pdf
    Download Restriction: no

    File URL: http://www.globalresearch.com.my/journal/business_v03n01/business_v03n01.htm
    Download Restriction: no

    References listed on IDEAS

    as
    1. Sun-Kang Koh & Maurice MacDonald, 2006. "Financial Reciprocity and Elder Care: Interdependent Resource Transfers," Journal of Family and Economic Issues, Springer, vol. 27(3), pages 420-436, September.
    2. Celia Hayhoe & Michelle Stevenson, 2007. "Financial Attitudes and Inter vivos Resource Transfers from Older Parents to Adult Children," Journal of Family and Economic Issues, Springer, vol. 28(1), pages 123-135, March.
    3. McGarry, K & Schoeni, R-F, 1996. "Measurement and the Redistribution of Resources Within the Family," Papers 96-11, RAND - Reprint Series.
    4. Plagnol, Anke C., 2011. "Financial satisfaction over the life course: The influence of assets and liabilities," Journal of Economic Psychology, Elsevier, vol. 32(1), pages 45-64, February.
    5. McGarry, Kathleen, 1999. "Inter vivos transfers and intended bequests," Journal of Public Economics, Elsevier, vol. 73(3), pages 321-351, September.
    6. Silverstein, Merril & Bengtson, Vern L., 1994. "Does intergenerational social support influence the psychological well-being of older parents? The contingencies of declining health and widowhood," Social Science & Medicine, Elsevier, vol. 38(7), pages 943-957, April.
    7. Esperanza Vera-Toscano & Victoria Ateca-Amestoy & Rafael Serrano-Del-Rosal, 2006. "Building Financial Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 77(2), pages 211-243, June.
    8. Kenneth Couch & Mary Daly & Douglas Wolf, 1999. "Time? money? both? the allocation of resources to older Parents," Demography, Springer;Population Association of America (PAA), vol. 36(2), pages 219-232, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gülay Günay & Ayfer Boylu & Özgün Bener, 2014. "An Examination of Factors Affecting Economic Status and Finances Satisfaction of Families: A Comparison of Metropolitan and Rural Areas," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 119(1), pages 211-245, October.

    More about this item

    Keywords

    Resource Transfers; Time Transfers; Financial Transfers; Financial Satisfaction;

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grg:01biss:v:3:y:2011:i:1:p:146-156. 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: (editor). General contact details of provider: http://www.globalresearch.com.my/journal.htm .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.