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Liang, Jersey2
Fairchild, Thomas J.1
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Liang, Jersey; Fairchild, Thomas J. – Journal of Gerontology, 1979
Presents a conceptual framework that incorporates the notion of relative deprivation to explain the perceived financial adequacy among the elderly. Financial satisfaction is directly related to relative deprivation while income only indirectly affects one's sense of financial well-being. (Author)
Descriptors: Disadvantaged Environment, Economic Status, Financial Problems, Gerontology
Peer reviewed Peer reviewed
Liang, Jersey; And Others – Journal of Gerontology, 1980
Elaborates on the relative deprivation model proposed by Liang and Fairchild (1979), and explores the relationship between income and financial satisfaction. Financial satisfaction is influenced by relative deprivation and distributive justice. Race and age also relate to social comparison and financial satisfaction. (Author)
Descriptors: Age Differences, Disadvantaged Environment, Economic Status, Income