The Financial Identity Scale (FIS): A multinational validation and measurement invariance study among emerging adults

Angela Sorgente, Margherita Lanz, Rimantas Vosylis, Joyce Serido, Soeyon Shim

Risultato della ricerca: Contributo in rivistaArticolo in rivista

Abstract

The transition from financial dependence on one’s parents to financial self-sufficiency is one of the most relevant transitions during emerging adulthood. It is important to have an instrument able to assess emerging adults’ financial capabilities and to detect its change over time. The current article aims to collect international evidence of the Financial Identity Scale (FIS) validity and reliability. Crosssectional data collected from 2,501 emerging adults aged 18–25 and belonging to three different countries—U.S. (n = 1,535), Italy (n = 485), and Lithuania (n = 481)—were adopted to test score structure validity, generalizability, sensitivity to difference, criterion-related validity, and internal consistency. Instead, four-wave longitudinal data, available for the American sample only (n = 1,900), were adopted to test FIS structural stability and sensitivity to change. As recommended by the contemporary view of validity, different structural equation models were performed. Findings suggest that FIS scores are valid and reliable. The implications for researchers and practitioners are discussed
Lingua originaleEnglish
pagine (da-a)565-574
Numero di pagine10
RivistaInternational Journal of Behavioral Development
Volume44
DOI
Stato di pubblicazionePubblicato - 2020

Keywords

  • Financial identity
  • cross-cultural
  • measurement invariance
  • reliability
  • validity

Fingerprint Entra nei temi di ricerca di 'The Financial Identity Scale (FIS): A multinational validation and measurement invariance study among emerging adults'. Insieme formano una fingerprint unica.

Cita questo