Correlational finding on Happiness and Change in retirement status
Subject code: R14aa02

StudyGraham et al. (2004): study RU 1995
TitleDoes Happiness Pay? An Exploration Based on Panel Data from Russia.
SourceJournal of Economic Behavior and Organization, 2004, Vol. 55, 319 - 342
DOIDOI:10.1016/j.jebo.2003.09.002
Public10+ aged, general public, Russia, 1995-2000
SampleProbability sample (unspecified)
Non-Response
Respondents N =5269

Correlate
Author's labelChange in retirement
Page in Source 331
Our classificationChange in retirement status, code R14aa02
Operationalization
T1-T2 change in retirement status
a: became retired
b: came out of retirement
c: stayed retired
Remarks
Assessed at T1 (1995) and T2 (2000)
Russia went through major changes in this era, among 
which a financial crisis in 1998

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLW-c-sq-v-5-na
T1-T2 CHANGE in happiness by T1-T2 CHANGE in 
retirement
O-SLW-c-sq-v-5-naBeta=-.07 ns
became retired
O-SLW-c-sq-v-5-naBeta=+.26 ns
came out of retirement
O-SLW-c-sq-v-5-naBeta=-.07 ns
stayed retired

Beta's controlled for change in:
- static variables
  - age
  - male
  - minority
- status variables
  - income
  - education level
  - educational participation
  - health (illness, hospital, problems) 
  - health behavior (drinking, smoking)
  - marital status


Appendix 1: Happiness measures used
CodeFull Text
O-SLW-c-sq-v-5-naSelfreport on single question

Now taking everything into account, how satisfied or dissatisfied are you with your life these days?
5 very satisfied
4 satisfied
3 neither satisfied nor dissatisfied
2 dissatisfied
1 very dissatisfied
- don't know
- no answers

Numerical scale reversed


Appendix 2: Statistics used
SymbolExplanation
Beta STANDARDIZED REGRESSION COEFFICIENT by LEAST SQUARES (OLS)
Type: test statistic.

Measurement level: Correlates: all metric, Happiness: metric.
Range: [-1 ; +1]

Meaning:
beta > 0 a higher correlate level corresponds to a higher happiness rating on average.
beta < 0 a higher correlate level corresponds to a higher happiness rating on average.
beta = 0 no correlation.
beta = + 1 or -1 perfect correlation.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl