print

Studies

Brown & Gray (2014): study AU 2002

Publication

Author(s):
Brown, S.; Gray, D.
Title:
Household Finances and Well-Being: An Empirical Analysis of Comparison Effects.
Source:
SERPS, 2014, No. 2014015, 1 - 39, Sheffield, UK.

Investigation

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

Happiness Measure(s) and Distributional Findings

Full text:
Self report on single question:

All things considered, how satisfied are you with your life?
Again, pick a number between 0 and 10 to indicate how satisfied you are.
0  totally dissatisfied
1
2
3
4
5
6
7
8
9
10 totally satisfied
Classification:
O-SLW-u-sq-n-11-d
Author's label:
life satisfaction
Page in publication:
28
Observed distribution
Summary Statistics
On original range 0 - 10 On range 0-10
Mean:
7.90 7.90
SD:
1.45 1.45

Correlational Findings

Author's label Subject Description Finding Ln(Household Income) Household income Ln(Net Wealth) Total wealth Ln(Total Assets) Savings Ln(Total Debt) = Ln(Secured Debt) + Ln(Unsecured Debt) Debts Age Young versus old Education Level of school-education
Vocational education
ln(Household size) Number of persons in household Marital status Married (vs never married)
Married (vs widowed)
Married (vs divorced)
Employment status Current employment status
Unemployed involuntary
Current status: retired or not
Not in labor force
Self-reported health status Self-perceived health