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Correlational findings

Study Brown & Gray (2014): study AU 2002

Public
16-93 aged general public, Australia, 2002, 2006, 2010
Survey name
AU-HILDA combined waves
Sample
Respondents
N = 27530
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Ln(Household Income)
Our Classification
Remarks
- computed on the basis of self-reports - inflated to 2010 levels
Distribution
M = 10.985; SD = 0.739
Related specification variables
Operationalization
Household's disposable income
(household's gross income from all sources minus estimated taxes)

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-u-sq-n-11-d b-fix = +.12 p < .000 b-fix controled for:
- age
- educational attainment
- ln(household size)
- marital status
- employment status
- self-reported health status

Income matters more for older than for younger people.
O-SLW-u-sq-n-11-d b-fix = +.11 p < .000 b-fix additionally to the socioeconomic variables controled for:
- ln(netwealth)
O-SLW-u-sq-n-11-d b-fix = +.11 p < .000 b-fix additionally to the socioeconomic variables controled for:
- ln(assets)
- ln(debt)
O-SLW-u-sq-n-11-d b-fix = +.11 p < .000 b-fix additionally to the socioeconomic variables controled for:
- ln(assets)
- ln(usecured debt)
- ln(secured debt)