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Correlational findings

Study Davis (1984): study US 1972

Public:
18+ aged, general public, USA, 1972-1982
Sample:
Respondents:
N = 13581
Non Response:
Assessment:
Interview: face-to-face

Correlate

Authors's label
Recent financial change
Our Classification
Operationalization
During the last few years has your financial situation been getting:
0 got worse
1 stayed the same
2 got better

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-HL-g-sq-v-3-d G = +.20 p < .05 O-HL-g-sq-v-3-d tau = +.12 p < .05 % very happy   
0      21
1      34
2      42
The relationship remains sizable after control for perceived comparative income of parents and compatriots and occupational presties.
The relation also survives a control for marital status, race, household size and social participation.