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Correlational findings

Study Christoph (2010): study DE 2007 /1

Public
17+ aged, general public, Germany, 2007
Survey name
DE-SOEP 2007
Sample
Respondents
N = 11424
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Savings (in 10,000 Euro)
Our Classification
Remarks
Wealth indicator on the household level was transformed into available wealth 'per capita' before being logged
Distribution
M=9.2
Operationalization
Real estate (incl. loans), investments (e.g. stocks) and savings, insurances (e.g. life or private pension insurance), business property, private possessions (e.g. jewelry, art etc.) and consumer credits.

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-11-d OLRCs = +.14 p < .001 O-SLW-c-sq-n-11-d OLRC = +.06 p < .001 OLRC-S and OLRC controlled for:
- household income
- debt
- East Germany (dummy)
- nationality
- gender
- age
- marital status
- education
- health
- employment status
O-SLW-c-sq-n-11-d OLRCs = +.08 p < .001 O-SLW-c-sq-n-11-d OLRC = +.04 p < .001 OLRC-S and OLRC additionally controled for:
- deprivation index