Study Maxwell (1985): study US 1966
- Public
- 45+ aged males, USA, followed 12 years 1966-1978
- Sample
- Respondents
- N = 1173
- Non Response
- Assessment
-
Interview: face-to-face
Highly structured
Correlate
- Authors's Label
- Relative income
- Our Classification
-
-
- Remarks
- T1: 1966 when still working; T2: 1978 retired
- Operationalization
- Ratio of postretirement (T2) income
to preretirement (T1) income.
Observed Relation with Happiness
Beta controlled for:
- Reasons for retirement
- health
- compulsory plan
- unemployment
- T1 work situation
- work motivation
- occupational status (of longest job)
- T2 life situation
- health problems
- marital status
- dependents in household
- number of years retired
- income (logarithm)
- Race (Black vs white)
Same for blacks and whites.