print

Correlational findings

Study Ruprah & Luengas (2011): study ZZ Latin America 1997

Public
15+ aged, general public in 17 Latin American nations, 1997-2006
Survey name
Latinobarometro1997
Sample
Respondents
N = 120000
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Inflation rate
Our Classification
Operationalization
Annual percentage increase in consumer price index (CPI)

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLu-g-sq-v-4-c OPRC = -.03 p < .01 INDIVIDUAL happiness by inflation rate in 17 nations

OPRC (-0.3158) controlled for:
-Country level:
  - unemployment rate
-Individual Level:
  - size of the city
  - wealth
  - demographic
  - education
  - marital status
  - employment status
  - maximum inflation rate experienced(age 18+)
  
Trade-off with unemployment (unemployment/inflation):7.2 (B with inflation -0.32)