Correlational finding on Happiness and Sufficiency of current income
Subject code: I01ac

StudyLi et al. (2007): study CN Yunnan 2000
TitleHealth and Life Satisfaction of Ethic Minority Older Adults in Mainland China: Effects of Financial Strain.
SourceInternational Journal of Aging and Human Development, 2007, Vol. 64, 361 - 379
Public60+aged, China, 2000
SampleProbability multistage stratified area sample
Non-Response2.2%
Respondents N =995

Correlate
Author's labelFinancial Strain
Page in Source 369
Our classificationSufficiency of current income, code I01ac
Operationalization
Self report on question of self rated financial strain: 

1: having a surplus
2: just enough
3: rather difficult
4: very difficult
Observed distributionMinority elders: 1: 6.4% 2: 29% 3: 51% 4: 13.8 Majority elders: 1: 12.4% 2: 46.4% 3: 32.9% 4: 8.3%

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLu-c-sq-v-5-eb=-.41 p < .01
Minority elders
O-SLu-c-sq-v-5-eb=-.39 p < .01
Majority elders

B's is controlled for
-age
-gender
-marital status
-education


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

'How satisfied are you with your life now?'
5 very satisfied
2 satisfied
3 neither satisfied nor dissatisfied
2 dissatisfied
1 very dissatisfied


Appendix 2: Statistics used
SymbolExplanation
bREGRESSION COEFFICIENT (non-standardized) by LEAST SQUARES (OLS)
Type: test statistic
Measurement level: Correlate: metric, Happiness: metric
Theoretical range: unlimited

Meaning:
b > 0 A higher correlate level corresponds with a higher happiness rating on average.
B < 0 A higher correlate level corresponds with a lower happiness rating on average.
B = 0 Not any correlation with the relevant correlate.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl