Subject code: I01aa01a

Study | Knabe & Rätzel (2007): study DE 1992 |

Title | Quantifying the Psychological Costs of Unemployment: The Role of Permanent Income. |

Source | Working Paper No. 32, DIW, 2007, Berlin, Germany |

URL | http://www.diw.de/documents/publikationen/73/61949/diw_sp0032.pdf |

Public | 21-64 aged, Germany, followed 13 years ,1992-2005 |

Sample | Probability stratified sample |

Non-Response | not reported |

Respondents N = | 152411 |

Correlate | |

Author's label | Permanent income |

Page in Source | 11 |

Our classification | Earlier level of income, code I01aa01a |

Operationalization | Average income of the individuals averaged over all years in the panel (1992-2005) |

Observed Relation with Happiness | ||

Happiness Measure | Statistics | Elaboration/Remarks |

O-SLW-c-sq-n-11-d | OPRC=+.36 p < .01 | Both sexes |

O-SLW-c-sq-n-11-d | OPRC=+.33 p < .01 | Men only |

O-SLW-c-sq-n-11-d | OPRC=+.39 p < .01 | Women only OPRC's controlled for: - employment status - transitory income (truncated model) - family status - age, age squared - number of children - years of education - house ownership - health indicators OPRC's cannot be interpreted as an absolute effect size OPRC's mean that a higher permanent income corresponds to more happiness and that the difference is similar among males and females |

Appendix 1: Happiness measures used

Code | Full Text |

O-SLW-c-sq-n-11-d | Selfreport on single question: Taking all things together, how satisfied are you with your life these days? Please answer with the help of this scale. For instance, when you are totally satisfied with your life, please tick '10'. When you are totally unsatisfied with your life, please tick '0'. You may use all values in between to indicate that you are neither totally satisfied nor totally unsatisfied." 10 totally satisfied 9 8 7 6 5 4 3 2 1 0 totally unsatisfied |

Appendix 2: Statistics used

Symbol | Explanation |

OPRC | ORDERED PROBIT REGRESSION COEFFICIENT Statistic: Ordered probit regression coefficient Measurement level: Correlate: metric, Happiness: ordered responses Theoretical range: unlimited OPRC > 0 A one unit increase in the independent variable corresponds to a higher probability of responding in the highest category of the dependent variable and to a lower probability of responding in the lowest category of the dependent variable. OLRC< 0 A one unit increase in the independent variable corresponds to a lower probability of responding in the highest category of the dependent variable and to a higher probability of responding in the lowest category of the dependent variable. OLRC = 0 No relationship between the independent and dependent variable.. Remarks: The interpretation for the intermediate categories of the dependent variable are ambiguous. It is advised to use marginal effects.. |

Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.

https://worlddatabaseofhappiness.eur.nl