{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/20835"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/20835","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Determinants of financial managers' perception of rural household economic well-being: An analysis of a composite measure","abstract":"The objectives of this study were (a) to develop a composite measure of perceived economic well-being and (b) to determine the effects of socioeconomic and social-psychological variables on household financial manager's index of perceived economic well-being.","abstract_html":"The objectives of this study were (a) to develop a composite measure of perceived economic well-being and (b) to determine the effects of socioeconomic and social-psychological variables on household financial manager's index of perceived economic well-being.","abstract_has_math":false,"creators":["Walson, Christopher Okey"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Human and Community Development","degree_department":null,"school":null,"contributors":["Fitzsimmons, Vicki R."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2011,"date_issued":"2011-05-07T12:50:41Z","date_published":"2011-05-07T12:50:41Z","updated_at":"2026-07-22T22:25:16Z","subjects":["Home Economics","Economics, General"],"languages":["eng"],"rights":["Copyright 1991 Walson, Christopher Okey"],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["AAI9211024","(UMI)AAI9211024"],"render_values":[{"text":"AAI9211024","href":null,"code":true},{"text":"(UMI)AAI9211024","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/20835","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Fitzsimmons, Vicki R."]},{"key":"dc:creator","label":"Author","values":["Walson, Christopher Okey"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2011-05-07T12:50:41Z","10000-01-01","1991"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Human and Community Development"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Home Economics","Economics, General"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 1991 Walson, Christopher Okey"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["AAI9211024","(UMI)AAI9211024","http://hdl.handle.net/2142/20835"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["The objectives of this study were (a) to develop a composite measure of perceived economic well-being and (b) to determine the effects of socioeconomic and social-psychological variables on household financial manager's index of perceived economic well-being.","\"Data for this study were part of the NC-182 regional project \"\"Family Resource Utilization as a Factor in Determining Economic Well-Being of Rural Families.\"\" The survey was developed by researchers from eight states: Arizona, California, Kansas, Illinois, Indiana, Iowa, Michigan, and Minnesota. A random sample of households was obtained from two counties in each of the eight states. Only those households in which the respondent was married were included in this study, resulting in 1772 households. The respondent was the financial manager of the household.\"","Utility theory provided the theoretical base on which hypotheses were developed. Socioeconomic and social-psychological variables associated with providing utility to the financial manager and/or empirically tested in a previous study were included in the model for this study.","For analysis purposes, the eight states were assigned randomly and equally to A-Half, analysis, and V-Half, validation, subsamples. Multiple regression analysis was used to determine the variables that influenced perceived economic well-being. Three stages of regressions were run: preliminary, combined, and final. The first two stages were run with the stepwise procedure, and the final stage was the regular regression.","A composite measure of the dependent variable, perceived economic well-being, was created using factor analysis. Seven variables were combined to create the index: (a) satisfaction with amount of money family is able to save, (b) satisfaction with amount of current debt, (c) satisfaction with current total household income, (d) satisfaction with level of consumption, (e) satisfaction with resources available to meet a financial emergency, (f) satisfaction with amount of household net worth, and (g) perceived income adequacy.","Eight variables were significant (p $\\leq$.001) and explained.74 and.75 of variance in perceived economic well-being in the A-Half and V-Half subsamples, respectively. Only one, total household income, was a socioeconomic variable. The social-psychological variables were: (a) present financial condition compared to 5 years ago, (b) how often you save on regular basis for goal(s), (c) how often you make only minimum payments on charge accounts, (d) satisfaction with resources, (e) how often you worry about where money will come from to pay bills, (f) level of living, and (g) frequency of financial problems.","Made available in DSpace on 2011-05-07T12:50:41Z (GMT). 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A random sample of households was obtained from two counties in each of the eight states. Only those households in which the respondent was married were included in this study, resulting in 1772 households. The respondent was the financial manager of the household.\"","Utility theory provided the theoretical base on which hypotheses were developed. Socioeconomic and social-psychological variables associated with providing utility to the financial manager and/or empirically tested in a previous study were included in the model for this study.","For analysis purposes, the eight states were assigned randomly and equally to A-Half, analysis, and V-Half, validation, subsamples. Multiple regression analysis was used to determine the variables that influenced perceived economic well-being. Three stages of regressions were run: preliminary, combined, and final. The first two stages were run with the stepwise procedure, and the final stage was the regular regression.","A composite measure of the dependent variable, perceived economic well-being, was created using factor analysis. Seven variables were combined to create the index: (a) satisfaction with amount of money family is able to save, (b) satisfaction with amount of current debt, (c) satisfaction with current total household income, (d) satisfaction with level of consumption, (e) satisfaction with resources available to meet a financial emergency, (f) satisfaction with amount of household net worth, and (g) perceived income adequacy.","Eight variables were significant (p $\\leq$.001) and explained.74 and.75 of variance in perceived economic well-being in the A-Half and V-Half subsamples, respectively. Only one, total household income, was a socioeconomic variable. The social-psychological variables were: (a) present financial condition compared to 5 years ago, (b) how often you save on regular basis for goal(s), (c) how often you make only minimum payments on charge accounts, (d) satisfaction with resources, (e) how often you worry about where money will come from to pay bills, (f) level of living, and (g) frequency of financial problems.","Made available in DSpace on 2011-05-07T12:50:41Z (GMT). No. of bitstreams: 2 license.txt: 4922 bytes, checksum: 910b249b4beec47e7ab768910c8f966f (MD5) 9211024.pdf: 4289845 bytes, checksum: 28a5e31804ffa8c49431d36b83312311 (MD5) Previous issue date: 1991","Item marked as restricted to the 'UIUC Users [automated]' Group (id=2) by Howard Ding (hding2@illinois.edu) on 2011-05-07T14:46:37Z Item is restricted indefinitely.","Restriction data tranferred 2014-07-01T11:20:55-05:00 Original Data Group with Access UIUC Users [automated] Release Date: none Reason: ETDs are only available to UIUC Users without author permission","ETDs are only available to UIUC Users without author permission","U of I Only"],"dc:identifier":["AAI9211024","(UMI)AAI9211024","http://hdl.handle.net/2142/20835"],"dc:language":["eng"],"dc:rights":["Copyright 1991 Walson, Christopher Okey"],"dc:subject":["Home Economics","Economics, General"],"dc:title":["Determinants of financial managers' perception of rural household economic well-being: An analysis of a composite measure"],"dc:type":["text"],"thesis:degree_discipline":["Human and Community Development"],"thesis:degree_level":["Dissertation"],"thesis:degree_name":["Ph.D."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:25:16Z"}