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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(Net Wealth)
Our Classification
Operationalization
Net wealth is calculated (total value of assets - total value of debt)
-  ln(net wealth), where net wealth is positive -->
-  ln(wealth)=0 , where net wealth is zero
-  - ln(|nw|)  , where net wealth is negative

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-u-sq-n-11-d b-fix = +.02 p < .000 O-SLW-u-sq-n-11-d Beta-f = +.06 p < .000 Beta-fix calculated by the WDH team

b-fix and Beta-fix controled for:
- income
- age
- educational attainment
- ln(household size)
- marital status
- employment status
- self-reported health status