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Correlational findings

Study Headey et al. (2008): study GB 2000

Public
15+ aged, general public, Great Britain, 2000
Sample
Respondents
N =
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Net worth (ln)
Our Classification
Operationalization
Estimates based on responses to detailed questions on assets and debts. Household networth is assets minus debts. The natural logarithm is used since wealth is highly skewed towards the top end

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-7-a b = +.53 p < .001 O-SLW-c-sq-n-7-a Beta = +.08 p < .001 B and Beta controlled for
- gender
- age
- partnered
- education
- income (equivalized)
- in working force
- unemployed
- bad health
O-SLW-c-sq-n-7-a r = +.13 Only reported in original Discuusion paper