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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:
Selfreport 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
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:
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 Current 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
Current status: retired or not
Unemployed involuntary
Not in labour force
Self-reported health status Self-perceived health