EMERGING ADULTS' FINANCIAL WELL-BEING: WHAT RESEARCH METHODOLOGIES AND STATISTICAL TECHNIQUES ARE NEEDED?

Lo scopo generale della presente tesi è quello di arricchire la letteratura sul benessere finanziario dei giovani adulti adottando metodologie di ricerca e tecniche statistiche mai applicate in questo filone di ricerca. Nello specifico, nel primo capitolo è stata utilizzata la scoping methodology, ovvero una metodologia di sintesi della letteratura, con l’obiettivo di identificare la definizione, le componenti, i predittori e gli outcome del benessere finanziario dei giovani. Nel secondo capitolo è stata applicata la Latent Transition Analysis, con l’obiettivo di identificare sottogruppi omogenei di giovani rispetto ai marcatori dell’adultità che essi hanno già raggiunto e di verificare la relazione di tali sottogruppi con il benessere finanziario dei giovani che ad essi appartengono. Il terzo capitolo propone una metodologia per sviluppare e validare nuovi strumenti di misurazione, sulla base della visione contemporanea della validità. Tale metodologia, composta da tre diversi step, è stata utilizzata per la creazione di uno strumento adatto a misurare, su un campione di giovani italiani, il benessere finanziario soggettivo. Infine, il quarto capitolo riguarda la multiple informant methodology, che è stata utilizzata per raccogliere informazioni da madre, padre e figlio sul processo di socializzazione finanziaria familiare ed il suo impatto sul benessere finanziario del figlio.The general aim of this research work is to enrich the literature on emerging adults’ financial well-being with research methodologies and statistical techniques never previously applied in this research field. Specifically, the first chapter of this thesis concerns the scoping methodology, a knowledge synthesis methodology that I adopted to identify the emerging adults’ financial well-being definition, components, predictors and outcomes. The second chapter consists in the application of a new statistical technique, Latent Transition Analysis, that I used to identify subgroups of emerging adults homogeneous in their configuration of adult social markers already reached and to investigate the relation between these emerging adults’ subgroups and their financial well-being. The third chapter describes a three-step methodology to develop and validate new measurement instruments, based on the contemporary view of validity proposed in the last fifty years. This three-step procedure was here applied to develop and validate a new instrument measuring subjective financial well-being for an emerging adult target population. Finally, the fourth chapter concerns the multiple informant methodology that I applied to collect information about family financial socialization and its impact on the child’s financial well-being from mother, father and the emerging adult child

Gender, Age, and Cross-Cultural Invariance of Brief Inventory of Thriving Among Emerging Adults

This study tested factorial structure, reliability as well as gender, age, and cultural measurement invariance of the Brief Inventory of Thriving (BIT). Data were collected from 981 Italian, Portuguese, and Chinese emerging adults. Results showed that BIT scores were reliable, mono-dimensional, and suitable to assess thriving across different populations.info:eu-repo/semantics/publishedVersio

Perception of COVID-19 on the Employment and well-being Among Young Adults

Faculty advisor: Abigail Gewirtz; Research PI: Joyce SeridoDuring emerging adulthood (EA, 18-30 years old), individuals are expected to become financially self-sufficient, and the most common pathway is through employment. Many EAs were struggling to secure stable employment. As a result, EAs are taking longer to become financially self-sufficient and many continue to rely on family financial support in the third decade of life. The economic impact of COVID-19 restrictions on employment made it even more difficult for EAs. Specifically, many young workers lost their job, meanwhile some others are still employed but had significant income loss. The current study examined the impact of job loss and income loss due to COVID-19 on EAs worldwide by collecting data from 2,282 participants across six countries. Guided by the stress appraisal theory and life course theory, we conceptualized COVID-19 as a turning point, which created stressors such as job loss and income loss that disrupted the lives of EAs. We found that stressors such as job loss and income loss are associated with psychological well-being as well as general and future financial well-being. Specifically, this association was mediated by EAs’ primary appraisal, which was indicated by whether they perceived the pandemic as an opportunity or misfortune

The Role of Spirituality and Religiosity in Subjective Well-Being of Individuals With Different Religious Status

Spirituality and religiosity have been found to be positive predictors of subjective wellbeing, even if results are not altogether consistent across studies. This mixed evidence is probably due to the inadequate operationalization of the constructs as well as the neglect of the moderation effect that the individuals' religious status can have on the relation between spirituality/religiosity and subjective well-being. The current study aimed to investigate the relationship of spirituality and religiosity with subjective well-being (operationalized as both life satisfaction and balance between positive and negative affect) and to test whether differences exist according to individuals' religious status (religious, non-religious, and uncertain). Data were collected from 267 Italian adults aged 18-77 (M = 36.68; SD = 15.13), mainly women (59.9%). In order to test the role of spirituality (operationalized as Purpose, Innerness, Interconnection, and Transcendence) and religiosity (operationalized as three dimensions of the religious identity: Commitment, In-depth Exploration, and Reconsideration of Commitment) in subjective well-being, two path analysis models were run, one for each predictor. To test the invariance of the two models across the individuals' religious status, two multi-group models were run. The models concerning spirituality were tested on the entire sample, finding that spirituality had a positive impact on subjective well-being (except for the dimension of Interconnection) and that this relation is unaffected by the individual's religious status. The models concerning religiosity were instead tested only on religious and uncertain, finding that the relationship between religiosity and subjective well-being changes across religious status. In particular, the main difference we found was that religious identity commitment positively predicted satisfaction with life among religious, but not among uncertain individuals. An interpretation of the results and their implications are discussed

Patterns of Alcohol Use Among Italian Young Adults Before and During a COVID-19 Lockdown: A Latent Class Analysis Study

Two not mutually exclusive theories explain the efects of the COVID-19 pandemic on alcohol use. The Availability hypothesis contends that reduced opportunities to drink due to the closure of outlets and consumption sites should lead to decreases in alcohol use, whereas the Stress and Coping hypothesis argues that those exposed to stressful situations may increase drinking. The primary aim of this study was to examine changes—separately by gender—in the prevalence of drinking patterns among Italian young adults (18–34 years) before and during a COVID-19 lockdown. Study design was a repeated cross-sectional study, whereby data collected in 2015 and 2020 from nationally representative samples were analyzed. Latent class analysis identifed fve, fully invariant for women and partially invariant for men, drinking pattern classes among both cohorts: current non-drinkers (CND), weekend risky (WRD) and weekend non-risky drinkers (WnRD), daily non-risky (DnRD) and daily risky drinkers (DRD). In support of the Availability hypothesis, increases in abstaining and moderate drinking women and men were observed from 2015 to 2020. Concomitantly, among men only there were also increases in the prevalence of patterns characterized by risky drinking, coping drinking motives and related harm (Stress and Coping hypothesis). The pandemic and the three-tier lockdown imposed by the Italian government likely reduced overall alcohol use in the general population who drink moderately. However, there was a substantial increase in the prevalence of a small but signifcant group of men who drank daily and heavily to cope. Outreach and prevention eforts should target primarily this group, but also consider the opportunities that the exceptional circumstances of a quarantine offer to any individuals to reshape their lifestyle and health-related behaviors

SeaConditions: a web and mobile service for safer professional and recreational activities in the Mediterranean Sea

Abstract. Reliable and timely information on the environmental conditions at sea is key to the safety of professional and recreational users as well as to the optimal execution of their activities. The possibility of users obtaining environmental information in due time and with adequate accuracy in the marine and coastal environment is defined as sea situational awareness (SSA). Without adequate information on the environmental meteorological and oceanographic conditions, users have a limited capacity to respond, which has led to loss of lives and to large environmental disasters with enormous consequent damage to the economy, society and ecosystems. Within the framework of the TESSA project, new SSA services for the Mediterranean Sea have been developed. In this paper we present SeaConditions, which is a web and mobile application for the provision of meteorological and oceanographic observation and forecasting products. Model forecasts and satellite products from operational services, such as ECMWF and CMEMS, can be visualized in SeaConditions. In addition, layers of information related to bathymetry, sea level and ocean-colour data (chl a and water transparency) are displayed. Ocean forecasts at high spatial resolutions are included in the version of SeaConditions presented here. SeaConditions provides a user-friendly experience with a fluid zoom capability, facilitating the appropriate display of data with different levels of detail. SeaConditions is a single point of access to interactive maps from different geophysical fields, providing high-quality information based on advanced oceanographic models. The SeaConditions services are available through both web and mobile applications. The web application is available at www.sea-conditions.com and is accessible and compatible with present-day browsers. Interoperability with GIS software is implemented. User feedback has been collected and taken into account in order to improve the service. The SeaConditions iOS and Android apps have been downloaded by more than 105 000 users to date (May 2016), and more than 100 000 users have visited the web version

How culturally unique are pandemic effects? Evaluating cultural similarities and differences in effects of age, biological sex, and political beliefs on COVID impacts

Despite being bio-epidemiological phenomena, the causes and effects of pandemics are culturally influenced in ways that go beyond national boundaries. However, they are often studied in isolated pockets, and this fact makes it difficult to parse the unique influence of specific cultural psychologies. To help fill in this gap, the present study applies existing cultural theories via linear mixed modeling to test the influence of unique cultural factors in a multi-national sample (that moves beyond Western nations) on the effects of age, biological sex, and political beliefs on pandemic outcomes that include adverse financial impacts, adverse resource impacts, adverse psychological impacts, and the health impacts of COVID. Our study spanned 19 nations (participant N = 14,133) and involved translations into 9 languages. Linear mixed models revealed similarities across cultures, with both young persons and women reporting worse outcomes from COVID across the multi-national sample. However, these effects were generally qualified by culture-specific variance, and overall more evidence emerged for effects unique to each culture than effects similar across cultures. Follow-up analyses suggested this cultural variability was consistent with models of pre-existing inequalities and socioecological stressors exacerbating the effects of the pandemic. Collectively, this evidence highlights the importance of developing culturally flexible models for understanding the cross-cultural nature of pandemic psychology beyond typical WEIRD approaches

Cross-cultural validation of the MSFWBS - MPLUS INPUT e OUTPUT

Mplus input e output files adopted in the paper "One (financial well-being) model fits all? Testing the Multidimensional Subjective Financial Well-being Scale across nine countries

Multidimensional Subjective Financial Well-being Scale

The Multidimensional Subjective Financial Well-being Scale (MSFWBS) is a 25-item scale developed to assess emerging adults’ subjective financial well-being (Sorgente & Lanz, 2019). Here you can find all the available translations of this scale. Furthermore, data, input e output files of the cross-cultural validation of the MSFWBS (Sorgente et al., 2024) are also available here

Cross-cultural validation of the MSFWBS - DATA

Data adopted in the paper "One (financial well-being) model fits all? Testing the Multidimensional Subjective Financial Well-being Scale across nine countries