Correlational findings

Study Headey et al. (1991): study AU AU Victoria 1981

18-65 aged, general public, Victoria, Australia, followed 1981-1987
N = 942
Non Response
Questionnaire: paper


Authors's Label
Standard of Living
Our Classification
Panel analysis over four waves (1981, 1983, 1985, 1987) which estimates following effects - bottom up: effect of satisfaction with standard of living on life satisfaction - topdown: effect of life satisfaction on satisfaction with standard of living - contemporaneous: within wave correlation - lagged: over time (waves) correlation
Index of two single questions on satisfaction with:
a: The income you and your family have
b: Your standard of living: the things you have; housing ,car, furniture, etc.
Both items scored on 1-9 D-T rating scale, summation by average.

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-DT-u-sqt-v-9-a Beta = -.04 ns Contemporaneous bottom up:satisfaction with standard of living makes people happy O-DT-u-sqt-v-9-a Beta = +.18 p < .05 Contemporaneous top down: happy people are satisfied with their standard of living O-DT-u-sqt-v-9-a Beta = -.02 ns Lagged bottum up: satisfaction with standard of living makes people happier later O-DT-u-sqt-v-9-a Beta = +.12 p < .05 Lagged top down: happy people become more satisfied with standard of living

Beta's controlled for satisfaction with
- marriage
- job
- leisure
- friendship
- health