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Studies

Boyce & Wood (2011): study DE 2005

Publication

Author(s):
Boyce, C.J.; Wood, A.M.
Title:
Personality and the Marginal Utility of Income: Personality Interacts with Increases in Household Income to Determine Life Satisfaction.
Source:
Journal of Economic Behavior & Organization, 2011, Vol. 78, 183 - 191

Investigation

Public:
17-96 aged, general public Germany, followed 4 years 2005-2008
Survey name:
DE-SOEP combined waves
Sample:
Probability multi-stage cluster sample
Respondents:
N = 54460
Non Response:
Assessment:
Interview: telephone (CATI)

Happiness Measure(s) and Distributional Findings

Full text:
Selfreport on single question:

Taking all things together, how satisfied are you with your life these days? Please answer with the help of this scale. For instance, when you are totally satisfied with your life, please tick '10'. When you are totally unsatisfied with your life, please tick '0'. You may use all values in between to indicate that you are neither totally satisfied nor totally unsatisfied."
10 totally satisfied
9
8
7
6
5
4
3
2
1
0  totally unsatisfied
Classification:
O-SLW-c-sq-n-11-d
Observed distribution
Frequencies
1: 0%,   2: 0%,   3: 0%,   4: 0%,   5: 0%,   6: 0%,   7: 0%,   8: 0%,   9: 0%,   10: 0%,   11: 0%
Summary Statistics
On original range 0 - 10 On range 0-10
Mean:
6.94 6.94
SD:
1.75 1.75

Correlational Findings

Author's label Subject Description Finding Montly household income (log) Household income
Change in income level
Household size (log) Number of persons in household Marital status Married state (compared to non-married states)
Married vs never married
Vs widowed
Vs divorced
Vs separated
Employment status Current employment status
Unemployed involuntary
Current status: retired or not
Disability status Disability Child dummy Children in the household Personality variables Conscientious
Extraverted
Open
Agreeing, yea-saying
Neurotic