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Correlational findings

Study Gray (2014): study DE 2002

Public:
Heads of households, Germany, 2002, 2007
Survey name:
DE-SOEP
Sample:
Respondents:
N = 7712
Non Response:
Assessment:
Interview: face-to-face

Correlate

Authors's label
Total assets
Our Classification
Operationalization
Summation of household's financial assets, tangible assets and the current value of any property owned

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-11-d OPRC = +.02 p < .05 FIXED EFFECTS analysis O-SLW-c-sq-n-11-d OPRC = +.01 ns OPRC additionally controlled for:
- unsecured debt
- secured debt
O-SLW-c-sq-n-11-d OPRC = +.00 ns BIVARIATE analysis (Joint modelling of Life satisfaction and Financial concerns)

OPRCs controlled for:
- financial situation
  - financial concerns
  - debt
  - household income
  - net wealth
- social situation
  - marital status
  - household size
  - employment
  - education
- age
- health