2001
DOI: 10.1076/anec.8.2.109.839
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Loss of Financial Capacity in Alzheimer's Disease: The Role of Working Memory

Abstract: Recent research has demonstrated that loss of ®nancial capacity is a common consequence of Alzheimer's disease (AD). While progressive cognitive decline is a de®ning feature of AD, the relationship between such decline and loss of ®nancial capacity in AD remains unclear. Working memory may be strongly associated with ®nancial abilities, as many ®nancial tasks require temporary storage and manipulation of numerical and other data. The present study examined the relationship between ®nancial capacity and working… Show more

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Cited by 84 publications
(83 citation statements)
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“…Because the ''yes'' response rate to item (1) was too low, the interpretation of the result has limitations. But financial abilities cognitively demand IADLs that are vital to independent functioning in a community (Marson et al, 2000), and they are very sensitive to mild AD (Earnst et al, 2001;Wadley et al, 2003). Financial skills are multidimensional, and they encompass an array of judgmental, conceptual, and pragmatic skills.…”
Section: Discussionmentioning
confidence: 99%
“…Because the ''yes'' response rate to item (1) was too low, the interpretation of the result has limitations. But financial abilities cognitively demand IADLs that are vital to independent functioning in a community (Marson et al, 2000), and they are very sensitive to mild AD (Earnst et al, 2001;Wadley et al, 2003). Financial skills are multidimensional, and they encompass an array of judgmental, conceptual, and pragmatic skills.…”
Section: Discussionmentioning
confidence: 99%
“…The second analysis investigated the effects of using different methods of assessing ADL by examining whether informant ratings, clinician ratings, performance-based measures or self-reports of ADL differed in the strength of association with executive function; this analysis included data from one additional study [34] which was excluded from the executive test analysis due to the use of a composite EF score. The second analysis also included data from three tests of EF that were each used in only one study: the D-KEFS Tower and Sorting tests (used in [56]) and the Letter-Number Sequencing test (used in [57]). A final analysis investigated the association between driving ability (see Dickerson et al [58] for discussion) and executive function and included informant-rating questionnaire studies and observational studies of practical driving ability.…”
Section: Methodsmentioning
confidence: 99%
“…Eleven specific instruments for evaluating financial management capacity in the elderly were categorized. Among these, the most frequently found in the studies in literature was the Financial Capacity Instrument (FCI) 5,6,[11][12][13][14][15][16][17][18][19][20][21][22] . Correlated instruments, which presented objectives that complemented the research, such as the semistructured clinical interview (SCIFC) 23 , the reduced version of the FCI (FCI-SF) 24 , the prior/premorbid financial capacity form (PFCF) 12,21 and the current financial capacity information form (CFCF) 19,21 , were also identified.…”
Section: Resultsmentioning
confidence: 99%