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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
Wealth
Our Classification
Operationalization
Wealth:  relative wealth and reference wealth
Own wealth:  index comprised of eight objects:
    -television
    -refrigerator
    -computer
    -washer
    -telephone
    -car
    -own house
    -additional house

Referece wealth: average of the wealth index in country, year, gender and age group

Relative wealth= individual wealth- reference group's wealth

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLu-g-sq-v-4-c OPRC = -.04 ns Wealth Index of the reference group O-SLu-g-sq-v-4-c OPRC = -.08 p < .01 Relative Wealth Index

OPRC's controlled for:
-Country level:
  - unemployment rate
  - inflation rate
-Individual Level:
  - size of the city
  - demographic
  - education
  - marital status
  - employment status
  - maximum inflation rate experienced(age 18+)