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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
Distribution
M = 179,669 SD = 439,404
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