Abstract

The purpose of this paper is to investigate whether the choice of household informant for psychological variables included in models of risky household financial behavior matters to the empirical researcher. Five research hypotheses are posited in relation to this purpose, which concentrate on evaluating results from different correlation and regression analyses based on behavior measured at the household level, but with psychological data drawn from either the family financial officer (FFO) or the spouse in family households (N = 807). A sample of one-person households from the same database was used as control group (N = 211).

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