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The direct assessment of financial a...
~
Schafer Johnson, Amanda.
The direct assessment of financial ability in older adults: Validity and its relationship with executive function.
紀錄類型:
書目-電子資源 : 單行本
正題名/作者:
The direct assessment of financial ability in older adults: Validity and its relationship with executive function./
作者:
Schafer Johnson, Amanda.
面頁冊數:
105 p.
附註:
Source: Dissertation Abstracts International, Volume: 68-12, Section: B, page: 8411.
Contained By:
Dissertation Abstracts International68-12B.
標題:
Gerontology. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoeng/servlet/advanced?query=3294877
ISBN:
9780549387756
The direct assessment of financial ability in older adults: Validity and its relationship with executive function.
Schafer Johnson, Amanda.
The direct assessment of financial ability in older adults: Validity and its relationship with executive function.
- 105 p.
Source: Dissertation Abstracts International, Volume: 68-12, Section: B, page: 8411.
Thesis (Ph.D.)--Wayne State University, 2007.
This study aimed to review the importance of construct validity with everyday cognition measures, and specifically examined the construct validity of the Financial subtest of the Direct Assessment of Functional Status (DAFS; Loewenstein, et al., 1989). Participants included 82 African American, urban-dwelling older adults who were recruited through community centers, independent living facilities for older adults, and through word of mouth. Mean participant age was 72.35 (7.94) years, and mean education was 12.34 (3.11) years. Construct validity was examined through examination of convergent and discriminant predictors, multiple regression analyses, factor analysis, and internal consistency measures. Results indicated that the DAFS-Financial was significantly related to another measure of financial ability, multiple executive function measures, and general cognition, and no statistical relationship was found between the DAFS-Financial and either depression or medical comorbidity. Each of these correlations was consistent with theoretically-based predictions. In contrast with theoretically-based expectations were the strong correlations between the DAFS-Financial and both education and reading ability, which is a problem in light of the fact that everyday cognition measures were developed in order to avoid the educational effects that influence neuropsychological measures (Wagner & Sternberg, 1985; Willis & Schaie, 1986). Although internal consistency for the overall measure was adequate (alpha=.81), the subcomponent "Counting Change" had lower alpha than expected, and one item was not predictive of the total score. Factor analysis supported the use of three of the DAFS-Financial subsections; a fourth subcomponent could not be examined due to lack of variability. Regression analysis found an executive function composite variable and general cognition to predict DAFS-Financial performance significantly, but as moderate predictors these indicate that DAFS-Financial performance is not simply redundant with cognition. Lastly, in light of the history of strong empirical and theoretical relationships between executive functions and financial ability, executive functions were hypothesized to mediate the relationship between general cognition and the DAFS-Financial. Overall, support was found for the DAFS-Financial as a financial measure, with its most serious challenges lying with its internal consistency and the implications of educational effects on an everyday cognition measure.
ISBN: 9780549387756Subjects--Topical Terms:
168436
Gerontology.
The direct assessment of financial ability in older adults: Validity and its relationship with executive function.
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This study aimed to review the importance of construct validity with everyday cognition measures, and specifically examined the construct validity of the Financial subtest of the Direct Assessment of Functional Status (DAFS; Loewenstein, et al., 1989). Participants included 82 African American, urban-dwelling older adults who were recruited through community centers, independent living facilities for older adults, and through word of mouth. Mean participant age was 72.35 (7.94) years, and mean education was 12.34 (3.11) years. Construct validity was examined through examination of convergent and discriminant predictors, multiple regression analyses, factor analysis, and internal consistency measures. Results indicated that the DAFS-Financial was significantly related to another measure of financial ability, multiple executive function measures, and general cognition, and no statistical relationship was found between the DAFS-Financial and either depression or medical comorbidity. Each of these correlations was consistent with theoretically-based predictions. In contrast with theoretically-based expectations were the strong correlations between the DAFS-Financial and both education and reading ability, which is a problem in light of the fact that everyday cognition measures were developed in order to avoid the educational effects that influence neuropsychological measures (Wagner & Sternberg, 1985; Willis & Schaie, 1986). Although internal consistency for the overall measure was adequate (alpha=.81), the subcomponent "Counting Change" had lower alpha than expected, and one item was not predictive of the total score. Factor analysis supported the use of three of the DAFS-Financial subsections; a fourth subcomponent could not be examined due to lack of variability. Regression analysis found an executive function composite variable and general cognition to predict DAFS-Financial performance significantly, but as moderate predictors these indicate that DAFS-Financial performance is not simply redundant with cognition. Lastly, in light of the history of strong empirical and theoretical relationships between executive functions and financial ability, executive functions were hypothesized to mediate the relationship between general cognition and the DAFS-Financial. Overall, support was found for the DAFS-Financial as a financial measure, with its most serious challenges lying with its internal consistency and the implications of educational effects on an everyday cognition measure.
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