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Correlational findings

Study Hochman & Skopek (2013): study IL 2006 /1

Public:
50+ aged, general public, Israel, 2006
Survey name:
SHARE
Sample:
Respondents:
N = 1849
Non Response:
Assessment:
Interview: face-to-face

Correlate

Authors's label
Debts and Wealth
Our Classification
Distribution
:
M: 1: 21; 2&3: 271; 4: 1446. All: 519
Operationalization
Gross wealth controled for debts, expressed in Euro PPP
1.Lowest quartile: poor
2.
3.
4. highest quartile: rich

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLu-u-sq-n-11-c DM = + Poor      M = 6,2
Middle    M = 7,5
Rich      M = 7,4
O-SLu-u-sq-n-11-c Beta = -.24 p < .01 Poor (vs two middle quartiles 2&3) O-SLu-u-sq-n-11-c Beta = +.17 p < .05 Rich (vs two middle quartiles 2&3)

Beta controlled for:
-gender
-household size
-age
-migrant status
-married
-education
-child
-employed, unemployed
-homemaker
-health
-income
O-SLu-u-sq-n-11-c Beta = -.17 p < .05 Poor (vs two middle quartiles 2&3) O-SLu-u-sq-n-11-c Beta = +.10 ns Rich (vs two middle quartiles 2&3)

Beta' s additionally controlled for:
-subjective economic hardship.