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Correlational findings

Study Hershey & Henkens (2013): study NL 2001

Public
50+ aged, employed, Netherlands, followed 6 years, 2001-2007
Survey name
NL-NIDI work and retirement panel
Sample
Respondents
N = 1388
Non Response
Assessment
Questionnaire: Paper & Pencil Interview (PAPI)
A questionnaire was sent by mailed.

Correlate

Authors's Label
Wealth
Our Classification
Remarks
The natural logarithm of the class averages was used (transformed to euros). T1: 2001 T2: 2006-2007
Distribution
M=11.31; SD=1.51
Range= 7.73-13.25
Operationalization
Selfreport by single question:
How large do you estimate your total wealth
(own house, savings, stocks, etc., minus debts/mortgage) to be?
1: <10,000
2
3
4
5
6
7: >1 million guilders.

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks M-CO-u-mq-v-5-b b = +.03 p < .01 T2 happiness LEVEL by T? wealth

b controlled for T1:
- divorced
- widowed
- never married
- gender
- age
- education
- self-rated health
- had supervisor
- perceived pension shortfall
M-CO-u-mq-v-5-b ES = +.06 T1-T2 CHANGE happiness by T? wealth

Effect size controlled for T1:
- life satisfaction(to capture change)
- education
- had supervisor
- self-rated health
- positive health change
- negative health change
- became divorced at T2
- became widowed at T2
- voluntary retire
- retire due to health
- retire due to organization
- retire due to others