print

Correlational findings

Study Cheng et al. (2013): study CN 2011

Public:
Adult, general public, China, 2011
Survey name:
CHINA China Household Finance Survey (CHFS) 2011
Sample:
Respondents:
N = 5229
Non Response:
Assessment:
Multiple methods
Interview: telephone (CATI) & Interview: computer assisted (CAPI)

Correlate

Authors's label
Type of home loan
Our Classification
Operationalization
Selfreport on single question:
When your family purchased this home what kind of bank loans did you take?
a. housing provident fund loan
b. commercial loan
c. portfolio loan (reference)

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLu-u-sq-v-5-i b = +.55 p < .01 Housing provident fund loan (vs portfolio loan) O-SLu-u-sq-v-5-i b = +.50 p < .01 Commercial loan             (vs portfolio loan)

B's controlled for:
-Socioeconomic characteristics
-gender
-age
-schooling
-marital status
-household size
-rural hukou
-Party member
-social insurance
-income
-Homeownership
-homeownership
-homeownership property status
-property tenure
-property size
-number of homeownership
-source of homeownership
-Loan
-home loan
O-SLu-u-sq-v-5-i b = +.55 p < .01 Housing provident fund loan (vs portfolio loan) O-SLu-u-sq-v-5-i b = +.52 p < .01 Commercial loan             (vs portfolio loan)

B's addtionally controlled for:
-Perceive better local public safety
-Express lower risk aversion
-Expect
-better economy
-higher house price
-higher commodity price
-higher interest rate