Study Knabe & Rätzel (2007): study DE 1992
- Public
- 21-64 aged, Germany, followed 13 years ,1992-2005
- Sample
- Respondents
- N = 152411
- Non Response
- not reported
- Assessment
- Interview: face-to-face
Correlate
- Authors's Label
- Permanent income
- Our Classification
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- Related specification variables
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- Operationalization
- Average income of the individuals averaged over all years in the panel (1992-2005)
Observed Relation with Happiness
OPRC's controlled for:
- employment status
- transitory income (truncated model)
- family status
- age, age squared
- number of children
- years of education
- house ownership
- health indicators
OPRC's cannot be interpreted as an absolute effect size
OPRC's mean that a higher permanent income corresponds to more happiness and that the difference is similar among males and females