Abstract
This chapter focuses on the relationship between all three measures of economic vulnerability (Objective/income poverty, Self-Assessed/difficulties in making ends meet, Perceived/worry about not having enough money) and how they relate to the variable block Psychosocial Symptoms and Consequences. A comparison of models based on different thresholds for the Objective Measure will allow us to observe trends in the strength of association between measures of economic vulnerability and psychosocial variables.
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Notes
- 1.
As laid out in the introduction of this chapter, the interest here is to model – as parsimoniously as possible – the relationship between the three proposed measures of economic vulnerability and their relationship with psychosocial variables. The variable wealth, which has previously been identified as a powerful predictor even for the Perceived Measure, was deliberately not integrated in this model.
- 2.
The variable mastery was recoded into three categories that divide the sample population into three roughly equal-sized shares. The sample distribution of the recoded variable mastery is found in Appendix Table 28.1.
- 3.
For the interpretation of ordinal regression models, only outcome probabilities will be discussed in this chapter. A table reporting the odds ratios is shown in Appendix Table 28.2.
- 4.
X stands for either A or B.
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Henke, J. (2020). Integrating the Three Measures of Economic Vulnerability. In: Revisiting Economic Vulnerability in Old Age. Life Course Research and Social Policies, vol 11. Springer, Cham. https://doi.org/10.1007/978-3-030-36323-9_28
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DOI: https://doi.org/10.1007/978-3-030-36323-9_28
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