Correlational finding on Happiness and Debts
Subject code: P12ab03

StudyBorooah (2006): study GB Northern Ireland 2002
TitleWhat Makes People Happy? Some Evidence from Northern Ireland.
SourceJournal of Happiness Studies, 2005, Vol. 7, 427 - 465
DOIdoi:10.1007/s10902-006-9008-3
PublicAdult general public, Northern Ireland, 2002
SampleProbability sample (unspecified)
Non-Response
Respondents N =3039

Correlate
Author's labelOwner-occupier: no mortgage and mortgage
Page in Source 440-441
Our classificationDebts, code P12ab03
Operationalization
Having no-mortgages
Having mortgages

Exact operationalization is not reported by the authors

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-HP-cm-sq-v-6-bOLRC=-.10 ns
NO-MORTGAGES
Marginal probability of being happy (z-score): 
2.3% (5.4%)
O-HP-cm-sq-v-6-bOLRC=+.16 ns
MORTGAGES
Marginal probability of being happy (z-score): 
-3.6% (9.1%)

OLRC controled for:
- gender
- age
- income
- marital status
- employment status
- educational attainment
- mortgages
- being a parent
- public sector tenant
- health status
- religion
- redidential area (village/small town/ big town)


Appendix 1: Happiness measures used
CodeFull Text
O-HP-cm-sq-v-6-bSelfreport on single question:

How did you feel during the last month? . Were you a happy person?
6: all the time
5: most of the time
4: a good bit of the time
3: some of the time
2: a little of the time
1: none of the time

Last item ina series of questions on self and life


Appendix 2: Statistics used
SymbolExplanation
OLRCORDERED LOGIT REGRESSION COEFFICIENT
Statistic: Ordered logit regression coefficient
Measurement level: Correlate: metric, Happiness: ordered responses
Theoretical range: unlimited

OLRC > 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.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl