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Correlational findings

Study Stutzer (2004): study CH 1992

Public
18+ aged, general public, Switzerland, 1992-94
Sample
Respondents
N = 4462
Non Response
n.a.
Assessment
Interview: face-to-face

Correlate

Authors's Label
Minimum required income
Our Classification
Remarks
Natural logaritm is used in the regression analysis
Distribution
M=3965,69 SD=1793,92
Operationalization
Self report on the single question:
What household income per month would you consider an absolute minimum in order to make ends and without running into debt even if you reduce your needs to a minimum?

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-10-I b = -.39 p < .01 B controled for:
- household income
- household size
- household composition
- socio-demographic characteristics
- language differences
- language differences

B means that if the minimum required income increases by 100 %, happiness decreases by .39 points (4,3 %) on the happiness scale 1-10