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Title: Does parental job insecurity matter? Money anxiety, money motives, and work motivation
Authors: Lim, V.K.G. 
Sng, Q.S.
Keywords: Crossover mechanism
Money anxiety
Money attitudes
Parental job insecurity
Spillover mechanism
Issue Date: 2006
Citation: Lim, V.K.G., Sng, Q.S. (2006). Does parental job insecurity matter? Money anxiety, money motives, and work motivation. Journal of Applied Psychology 91 (5) : 1078-1087. ScholarBank@NUS Repository.
Abstract: A structural model focusing on the spillover effect of parental perceived job insecurity on money anxiety was developed and tested. The crossover effect of parents' money anxiety on their children's money anxiety, money motives, and motivation to work was also examined. Data were collected from a sample of undergraduates and their parents. Results of structural equation modeling analyses supported a spillover effect of paternal perceived job insecurity on paternal money anxiety. However, maternal perceived job insecurity was not significantly associated with maternal money anxiety. Results also supported a crossover effect of parental money anxiety on youths' money anxiety. Youths' money anxiety was significantly related to youths' negative money motives. In turn, youths' negative money motives were associated with their intrinsic motivation to work. Implications of the findings are discussed. Copyright 2006 by the American Psychological Association.
Source Title: Journal of Applied Psychology
ISSN: 00219010
DOI: 10.1037/0021-9010.91.5.1078
Appears in Collections:Staff Publications

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