- 18+ aged, general public, 89 nations, 1995-2005
- Survey name:
- INT-WorldValuesSurvey 1994-2008
- N = 250000
- Non Response:
- Interview: face-to-face
- Authors's label
- Monetary saturation
- Our Classification
- Self-report on single question: "How satisfied are you with the financial situation of your household?"
- Normalized scale from 0 for the least satisfied position to 1 for the most satisfied position.
Observed Relation with Happiness
Monetary saturation is negatively associated with happiness (b interaction=-.41, p<.001).
Monetary saturation is negatively associated with happiness.
Unaffected by interactions with:
Monetary saturation is negatively associated with happiness (b interaction=-.06, p<.001).
b controls for:
-agentic life strategies
-interaction between societal characteristics (agentic strategy and Western tradition) with individual characteristics:
-communion emphasis (people's emphasis on family and friends as important life domains)
-monetary saturation (satisfaction with financial situation of household)
-agency feeling*monetary saturation
Method used is hierarchical linear modeling.