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Correlational findings

Study Brown et al. (2018): study ZZ EU 16 1983

Public
15+ aged general public, 16 EU countries 1983-2013
Survey name
EU-Eurobarometer combined waves
Sample
Respondents
N = 853482
Non Response
Assessment
Interview: face-to-face
1000 face to face interviews per country and repots are published twice yearly.

Correlate

Authors's Label
Austerity policy in nation
Our Classification
Remarks
Economic policy aimed at reducing deficit in the country by a combination of increased taks and reduction of government spending. These policies were implemented after the economic recessions in the mid 1990s and 2007-08
Operationalization
Change in Cyclically Adjusted Primary Balance (CAPB) expressed as:
A; Austerity
B: Explained Austerity
C: residual austerity

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLL-u-sq-v-4-b = Individial happiness by austerity policy in nation/year O-SLL-u-sq-v-4-b b = -.01 p < .01 Austerity
b (-.006) controled for individual characteristics
- employment
- gender
- age, age squared
- education
- marital status
- in school
- at home
b (-.001) ns when additionally controled for macro-econonomic conditions
- employment
- gender
- age, age squared
- education
- marital status
- in school
- at home O-SLL-u-sq-v-4-b b = -.02 p < .01 Effect including macro-economic conditions (explained)
b (-.015) controled for individual
- employment
- gender
- age
- education
- marital status
- in school
- at home

Effect mediated by expectations about economic development O-SLL-u-sq-v-4-b b = +.01 ns Effect net of macro-economic changes (residual)
b (+.005) additionally controled for macro economic
- GDP growth rate
- Unemployment rate
- Inflation

Effect not mediated by expectations about economic development