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

StudyChow (2012): study CA Calgary, Alberta 2007
TitleHealth Care Service Needs and Correlates of Quality of Life: A Case Study of Elderly Chinese Immigrants in Canada
SourceSocial Indicators Research, 2012, Vol. 106, 347 - 358
DOIDOI: 10.1007/s11205-011-9810-0
Public65+aged Chinese migrants, Calgary, Canada, 2007
SampleProbability simple random sample
Non-Response
Respondents N =127

Correlate
Author's labelFinancial need
Page in Source 352-353
Our classificationSufficiency of current income, code I01ac
Operationalization
Self report on the sufficiency  of financial assets and 
resources to meet the daily expenses.
Rated:
1: very insufficient
2
3
4
5: very sufficient
Observed distributionM: 1.94, SD:0.74

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLW-?-sq-v-5-aBeta=+.33 ns
Beta controled for:
- Socio-economic status
  - age
  - gender
  - marital status
- migration history
  - country of origin 
  - length of residence in Canada
- Health
  - physical mobility
  - medication use
  - perceived needs for services
- Social network
- quality of neighbouhood
- Psychological well-being


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

satisfied with overall life.. (full text not reported)
1 very dissatisfied
2 dissatisfied
3 neutral
4 satisfied
5 very satisfied


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