Category: Consumer education and empowerment

CFPB Financial Well-Being Scale: Scale development technical report

This technical report describes the development of the CFPB Financial Well-Being Scale. It is designed to serve as a resource for researchers and others who seek the technical details related to the development of the scale and the scoring procedures. The report provides information on the reliability of scores and validity of inferences derived from the use of the scale. It also introduces a custom Stata package that researchers can use to score responses to the scale items.

Full report

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