Findings on happiness in Boyce & Wood (2011): study DE 2005

Author(s)Boyce, C.J.; Wood, A.M.
TitlePersonality and the Marginal Utility of Income: Personality Interacts with Increases in Household Income to Determine Life Satisfaction.
SourceJournal of Economic Behavior & Organization, 2011, Vol. 78, 183 - 191
Public17-96 aged, general public Germany, followed 4 years 2005-2008
 17-96 aged
Last assesment2008
Survey nameDE-SOEP combined waves
 Waves 2005, 2006, 2007 and2008
SampleProbability multi-stage cluster sample
Respondents N =54460
 individual time-point observations
Non ResponseNot available
AssesmentInterview: telephone (CATI)
General remarksQuestions about personality only asked in 2005
Happiness measure(s) used
Full textSelfreport on single question: Taking all things together, how satisfied are you with your life these days? Please answer with the help of this scale. For instance, when you are totally satisfied with your life, please tick '10'. When you are totally unsatisfied with your life, please tick '0'. You may use all values in between to indicate that you are neither totally satisfied nor totally unsatisfied." 10 totally satisfied 9 8 7 6 5 4 3 2 1 0 totally unsatisfied
Finding used in
nation ranks
 On original range 0 - 10On range 0 - 10
Standard deviation1.751.75

Correlational findings

Author's labelSubject Code
Subject description
Child dummyC03ab02Children in the household
Disability statusH14ad21bDisability
Employment statusE02abCurrent employment status
Employment statusR14abCurrent status: retired or not, also classified as above ↑
Employment statusE02ab03Unemployed involuntary, also classified as above ↑
Household size (log)H20ab03Number of persons in household
Marital statusM02aaMarried state (compared to non-married states)
Marital statusM02aa01Married vs never married, also classified as above ↑
Marital statusM02ab01bVs divorced, also classified as above ↑
Marital statusM02ab01cVs separated, also classified as above ↑
Marital statusM02ab01aVs widowed, also classified as above ↑
Montly household income (log)I01aa02aChange in income level
Montly household income (log)I01ab03Household income , also classified as above ↑
Personality variablesP05aeAgreeing, yea-saying
Personality variablesP05aoConscientious, also classified as above ↑
Personality variablesP05azExtraverted, also classified as above ↑
Personality variablesP05ccNeurotic, also classified as above ↑
Personality variablesP05cdOpen, also classified as above ↑