Reports from University of Ljubljana Provide New Insights into Family and Economic Issues (Subjective Quality of Life and Stock Market Participation of the Elderly: A Structural Equation Modelling Approach)

2020 MAR 25 (NewsRx) — By a News Reporter-Staff News Editor at Disease Prevention Daily — New research on Economics – Family and Economic Issues is the subject of a report. According to news reporting originating from Ljubljana, Slovenia, by NewsRx correspondents, research stated, “Using data from the Survey of Health, Aging and Retirement in Europe (SHARE), we studied the relationship between four quality of life domains (Control, Autonomy, Pleasure, and Self-realization) and stock market participation of the elderly in 13 European countries. We first assessed the psychometric properties of the CASP-12 scale used in SHARE and then proposed a structural equation model wherein quality of life affects stock market participation indirectly through its effect on trust and risk behavior.”

Our news editors obtained a quote from the research from the University of Ljubljana, “We found that risk preference had a greater effect on stock market participation than trust. Furthermore, our results indicated a consistent positive effect of the Self-realization domain and a negative effect of the Pleasure domain on stock market participation.”

According to the news editors, the research concluded: “Finally, the empirical results showed that the joint Control and Autonomy domain can have both a positive and a negative effect on stock market participation, depending on the country.”

For more information on this research see: Subjective Quality of Life and Stock Market Participation of the Elderly: A Structural Equation Modelling Approach. Journal of Family and Economic Issues, 2020;():. Journal of Family and Economic Issues can be contacted at: Springer International Publishing Ag, Gewerbestrasse 11, Cham, Ch-6330, Switzerland. (Springer – www.springer.com; Journal of Family and Economic Issues – http://www.springerlink.com/content/1058-0476/)

The news editors report that additional information may be obtained by contacting M. Verbic, University of Ljubljana, School of Economics and Business, Kardeljeva Ploscad 17, Ljubljana 1000, Slovenia.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s10834-020-09673-0. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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