Findings on happiness in Headey et al. (2008): study HU 1996

Author(s)Headey, B.; Muffels, R.; Wooden, M.
TitleMoney does not Buy Happiness...Or does it? A Reconsideration Based on the Combined Effects of Wealth, Income and Consumption.
SourceSocial Indicators Research, 2008, Vol. 87, 65 - 82
Public16+ aged, general public, Hungary, 1996
Survey nameNot available
 Tarki Panel, which ran from 1992 to 1997. The initial saple size was 8237 respondents aged 16 and over.
SampleProbability simple random sample
 Sample was taken from the Tarki Panel
Respondents N =3055
 N = 3061 for the first two correlations with income and income + wealth. N = 3055 for all other correlations
Non ResponseNot available
AssesmentInterview: face-to-face
General remarksEarlier published as: Discussion paper no. 1218 July 2004 IZA
Happiness measure(s) used
Full textSelfreport on single question: All in all, to what degree are you satisfied with your life now? 1 dissatisfied 2 3 4 5 6 7 8 9 10 very satisfied
Author's labelLife satisfaction
RemarksThe report states thet life satisfection was measured on a 0-10 scale. However the life satisfaction item in the Tarki household panel used a 1-10 scale.
Finding used in
nation ranks

Correlational findings

Author's labelSubject Code
Subject description
AgeA04abCurrent age (in years)
Bad healthH14ab03Symptoms of bad health
Education (years)E01aaDevelopment of one's education
Equivalised consumption / 1000C10ab03jFood
Equivalised consumption / 1000N15ab02How much one spends on eating, also classified as above ↑
Equivalised Income / 1000I01ab03Household income
Household incomeC10ab02aAbsolute level
Household incomeI01ab03Household income , also classified as above ↑
Household incomeP12ab01Total wealth, also classified as above ↑
Household incomeX01UNCLASSIFIED, also classified as above ↑
In working forceE02abCurrent employment status
Net worth (ln)P12abCurrent possessions
Net worth (ln)P12ab03Debts, also classified as above ↑
Not namedS15ab16Socio-demographic + health + social ties
PartneredM02acLiving as married
PartneredM02aaMarried state (compared to non-married states), also classified as above ↑
PartneredL19ab04Steady love-relation, also classified as above ↑
SexG01aaSex (male vs female)
UnemployedE02ab03Unemployed involuntary