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Short version of Money Attitudes Questionnaire. Items selection and scale validation

Agata Gąsiorowska ()

MPRA Paper from University Library of Munich, Germany

Abstract: Money Attitude Questionnaire is an original, Polish scale measuring cognitive, emotional and behavioral aspects of attitudes towards money. Because of its considerable length, in this paper I present a new, short version of this scale. The items were selected on the basis of factor loading and discrimination coefficients, based on the data obtained from an adult sample (N = 1447). Internal validity of the short scale was established with confirmatory factor analyses conducted on two representative samples. The comparison between original and short MAQ scales demonstrated that the short version revealed psychometric characteristics and correlation with other scales similar to full version. Moreover, using short scale to measure money attitudes as moderator in experimental study led to better results than using full scale. To conclude, short MAQ scale seems to be a useful tool to measure individual differences revealing money attitudes, and might be a useful tool for future research on social and economic behavior.

Keywords: money attitudes; scale structure; scale validation (search for similar items in EconPapers)
JEL-codes: D10 D14 Z1 (search for similar items in EconPapers)
Date: 2013-01, Revised 2013-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48169

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