Hi Tim,
If you can answer your question using SES, you might take a look at an in press Psych Review on the subject:
Kraus, M. W., Piff, P. K, Mendoza-Denton, R., Rheinschmidt, M. L., & Keltner, D. (2012). Social class, solipsism, and contextualism: How the rich are different from the poor, Psychological Review, 119, 546-572.
(It can be downloaded from the first author's website: http://www.krauslab.com/papers.html)
Many studies cited there use a "ladder measure" of subjective SES, The MacArthur Scale of Subjective Socioeconomic Status. Participants rate themselves compared with others as being on one of 10 rungs of a ladder. It's well validated, and widely used:
Adler, N. E., Epel, E. S., Castellazzo, G., & Ickovics, J. R. (2000). Relationship of subjective and objective social status with psychological and physiological functioning: Preliminary data in healthy, White women. Health Psychology, 19, 586 –592. doi:10.1037/0278-6133.19.6.586
The advantage of this measure for your sample is that it does not require participants having an in-depth knowledge about their material circumstances (or those of their parents)
There are likely many other possible measures contained in that article as well.
Best of luck,
Geordie
Geordie McRuer
PhD Student
Organizational Behavior and Human Resources Management
Rotman School of Management
University of Toronto
105 St. George St.
Toronto, ON
M5S 3E6
Email: g.mcruer10@rotman.utoronto.ca
Phone: (416) 978-6372
"Noli odire ludium, odi ludum."
From: Organizational Behavior Division Listserv [mailto:OB@AOMLISTS.PACE.EDU] On Behalf Of Guerrero, Laura
Sent: Tuesday, September 11, 2012 1:55 PM
To: OB@AOMLISTS.PACE.EDU
Subject: Re: [OB-LIST] Proxy items measuring household income/wealth
Tim,
Make sure you know if you what you want to measure is parental/household income or socioeconomic status.
For SES, you can use Duncan's Socioeconomic Index, which is measured in terms of occupations, in your case parental occupations. It is three major categories (1) service occupations, (2) administrative support occupations, including clerical and (3) executive, administrative and managerial occupations.
Duncan, O. D. (1961). A socioeconomic index for all occupations. In J., Reiss, Jr., (Ed.). Occupations and social status (pp. 109–138). New York: Free Press of Glencoe.
Because this is a common measure in sociology and demography, you can look at how the census measures it or how other large data sets have measured it.
I suspect that income is hard to measure indirectly since what people own or where they live may depend on their access to credit or transfers, subsidies, etc.
Dr. Laura Guerrero
Assistant Professor of Management
Marketing & Management Department
College of Business Administration
University of Texas at El Paso
500 W. University Avenue
El Paso, TX 79968-0539
915-747-5014
lguerrero5@utep.edu
Hello,
I am trying to come up with survey items appropriate for high school age subjects that act as a proxy for parent/household income. Examples might include: "How many bedrooms are in your home?" or "How many cars does your family have?" I would appreciate any suggestions or examples of questions(with references if possible) you have found to be effective. Thanks.
--
Ph.D. Student
Department of Management
VCU School of Business
301 W. Main Street, Box 844000
Richmond, VA 23284-4000
E-mail: thorleyte@vcu.edu
Phone: 435 773 5760