Regressing Financial Needs and Expectations on the Self-Assessed and the Objective Measure

  • Julia Henke
Part of the Life Course Research and Social Policies book series (LCRS, volume 11)


This is the fourth chapter of Part IV, focusing on the analysis of the Self-Assessed Measure (economic strain: difficulties in making ends meet) of economic vulnerability and its distinctiveness from the Objective Measure (income poverty). Adding the variable set ‘Financial Needs and Expectations’ will allow testing hypothesis I iv) positing that there are significant differences between the two vulnerable groups defined by the Objective and the Self-Assessed Measure of economic vulnerability. According to our theoretical model, the Self-Assessed Measure entails a juxtaposition of monthly income with the individual’s needs in terms of finances. Therefore, our general hypothesis states that the Self-Assessed Measure is relatively more sensitive to variations in ‘Financial Needs and Expectations’ compared to the Objective Measure. The following covariates are used to operationalize ‘Financial Needs and Expectations’: socio-professional category, general health status, the frequency of going to a restaurant/coffee shop, seeing a movie/theater play or taking at trip.

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Julia Henke
    • 1
  1. 1.University of GenevaGenevaSwitzerland

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