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Correlational findings

Study Becchetti et al. (2008): study GB 1991

Public
18+ aged general public, United Kingdom, followed 15 years 1991-2006
Survey name
UK-BHPS combined waves
Sample
Respondents
N = 79504
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Household income
Our Classification
Remarks
Assessed every year
Operationalization
Log annual household income, deflated by the price index

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-u-sq-n-7-e D% = CHANGE happiness by CHANGE in log income
Income up   happiness up    16% satisfied achievers
            happiness same  30%
            happiness down  18% frustrated achievers
Income down happiness up    9%
            happinbess same 16%
            happiness down  11% O-SLW-u-sq-n-7-e b = +.00 ns b (+0.0033) controlled for:
- family status
- number of children O-SLW-u-sq-n-7-e b = +.06 ns Satisfied achievers (Easterlin types) only: O-SLW-u-sq-n-7-e b = -3.4 p < .02 Frustrated archievers only:

b's controlled for:
- number of children
- familiy status

Frustrated Achievers are happier than Satisfied Achievers (M = 5, 22 vs 4,17 p<.05)

Frustrated achievers more
- female
- divorced
- low educated
- low income