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Correlational findings

Study Brown & Gray (2014): study AU 2002

Public
16-93 aged general public, Australia, 2002, 2006, 2010
Survey name
AU-HILDA combined waves
Sample
Respondents
N = 27530
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Ln(Total Assets)
Our Classification
Distribution
M = 12.765, SD = 1.861
Operationalization
monetary  total level of assets
= the summation of the household’s financial and tangible assets

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-u-sq-n-11-d b-fix = +.06 p < .000 O-SLW-u-sq-n-11-d Beta-f = +.07 p < .000 Beta-fix calculated by the WDH team

b-fix and Beta-fix controled for:
- income
- ln(total debt)
- age
- educational attainment
- ln(household size)
- marital status
- employment status
- self-reported health status