Types of Variables and Factors Involved in Each Variable in General Structure
|Demographic factors||Sociopolitical factors||Attitudes & beliefs|
|Age, sex, class||Type of economy|
|Child rearing||GNP||Knowledge &|
|Belief factors||Educational factors||Economic & behavior|
|Parental, religion||Type of schooling||Ability to reason with|
|Individual differences||Economic cycle|
columns is debatable. Third, the model does not have any "feedback" loops, suggesting all relationships are unidirectional, which is clearly not the case. Finally, the model specifies the relationship between, not within, the particular grouping of variables which are of course related.
But a flow chart is more than a heuristic device. It allows for path analysis hypotheses to be formulated as to the major antecedents of socioeconomic understanding and reasoning.
This flow chart was derived partly from theory and partly from research. Over 90 years of research on the Protestant work ethic has led to the development of various models that attempted to explain how and why people subscribe to the tenets of that belief system ( Furnham, 1990). These models have attracted critical and empirical interest. One of the problems concerning research in this whole area is that many studies have been perceived as empirical attempts to test specific hypothesis. Nearly all the "theories" or approaches were highly derivative of other research areas. The result of 30 to 40 years research is therefore not particularly inspiring, although recent research efforts are highly promising ( Berti & Bombi, 1988; Haste & Turney-Purta, 1992). Clearly for a comprehensive and programmatic research endeavor, one needs some theoretical and epistemological model on how to guide the research. Although the model is far from adequate, it at least provides a framework within which to conduct research.
Abramovitch R., Freedman J., & Pliner P. ( 1991). Children and money: Getting an allowance, credit versus cash, and knowledge of pricing. Journal of Economic Psychology, 12, 27-45.