ERIC Number: ED049425
Record Type: Non-Journal
Publication Date: 1969
Relationship of Non-Economic Variables to Patterns of Saving of Farm Families in a Puerto Rican County.
This study examined the relationship between income and saving patterns in rural Puerto Rico. It was hypothesized that social and psychological variables are related to saving habits of families. The level of living as measured by a scale based on possessions was found to be significantly (.33) associated with the saving patterns of the family. Other related variables were: age of male and land ownership. Family size, ranking of goals (money, education, social life, politics, and religion), and the holding of a second job by the male head of the family were negatively related. A tendency to manifest satisfaction with the income was shown but it was not associated with saving. Those who saved had some cash for saving purposes or had made some additions to their houses or farm buildings. Since most of the theoretical background of saving research is supported by empirical research in developed areas more knowledge about developing nations is needed. (NL)
Descriptors: Age Differences, Behavior Patterns, Capital, Developed Nations, Developing Nations, Doctoral Dissertations, Family Income, Farmers, Habit Formation, Heads of Households, Investigations, Investment, Puerto Ricans, Work Attitudes
University Microfilms, 300 N. Zeeb Rd., Ann Arbor, Michigan, 48106
Publication Type: N/A
Education Level: N/A
Authoring Institution: Cornell Univ., Ithaca, NY.
Identifiers - Location: Puerto Rico