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Correlational findings

Study Headey & Wooden (2004a): study AU 2002

Public:
25-59 aged general public, Australia, 2002
Survey name:
AU-HILDA 2002
Sample:
Respondents:
N = 7934
Non Response:
Assessment:
Interview: face-to-face

Correlate

Authors's label
Log net worth
Our Classification
Operationalization
Questions about assets and debts of the household covering
- housing
- incorporated and unincorporated business
- equity type investments (e.g. shares, managed funds)
- cash type investments (e.g. bonds, debentures)
- vehicles
- collections (e.g. art works0
net worth is calculated (assets minus debts)

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-u-sq-n-11-d b = +.04 p < .00 O-SLW-u-sq-n-11-d Beta = +.05 p < .00 b and Beta controled for:
- gender
- equivalized income
- Age (+ squared)
- Partnered
- Educational attainment
- Employment status
- Disability status