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Empirical Research in Vocational Education and Training

Table 3 Standardized residual variance of the indexes

From: The challenge of assessing financial literacy: alternative data analysis methods within the Italian context

 

Financial behavior index

Financial attitude index

Financial knowledge index

Financial global index

Empirical

Modeled

Empirical

Modeled

Empirical

Modeled

Empirical

Modeled

Raw variance explained by the measures (%)

53.4

55.8

59.4

58.9

48.2

50.8

80.7

80.1

Unexplained variance in 1st contrast (%)

9.8

 

7.4

 

8.4

 

2.1

 
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