Findings on happiness in Brown & Gray (2014): study AU 2002

Publication
Author(s)Brown, S.; Gray, D.
TitleHousehold Finances and Well-Being: An Empirical Analysis of Comparison Effects.
SourceSERPS, 2014, No. 2014015, 1 - 39, Sheffield, UK.
URLhttp://ftp.iza.org/dp8530.pdf
Investigation
Public16-93 aged general public, Australia, 2002, 2006, 2010
Last assesment2010
Survey nameAU-HILDA combined waves
 2002, 2006, 2010 waves were used
SampleProbability sample (unspecified)
 16-93 aged, selected from general population
Respondents N =27530
Non ResponseNot available
AssesmentInterview: face-to-face
General remarks2002, 2006, 2010 waves were used
Happiness measure(s) used
Full textSelfreport on single question: All things considered, how satisfied are you with your life? Again, pick a number between 0 and 10 to indicate how satisfied you are. 0 totally dissatisfied 1 2 3 4 5 6 7 8 9 10 totally satisfied
ClassificationO-SLW-u-sq-n-11-d
Author's labellife satisfaction
Page in publication28
Finding used in
nation ranks
Yes
 On original range 0 - 10On range 0 - 10
Mean7.907.90
Standard deviation1.451.45


Correlational findings

Author's labelSubject Code
Finding
Subject description
AgeA04ab01Young versus old
EducationE01abCurrent education
Employment statusE02abCurrent employment status
Employment statusR12abCurrent status: retired or not, also classified as above ↑
Employment statusE02ab04Not in labour force, also classified as above ↑
Employment statusE02ab03Unemployed involuntary, also classified as above ↑
Ln(Household Income)I01ab03Household income
ln(Household size)H20ab03Number of persons in household
Ln(Net Wealth)P12ab01Total wealth
Ln(Total Assets)P12ab05Savings
Ln(Total Debt) = Ln(Secured Debt) + Ln(Unsecured Debt)P12ab03Debts
Marital statusM02aa03Married vs divorced
Marital statusM02aa01Married vs never married, also classified as above ↑
Marital statusM02aa02Married vs widowed, also classified as above ↑
Self-reported health statusH14ab02Self-perceived health