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Studies

Gray (2014): study DE 2002

Publication

Author(s):
Gray, D.
Title:
Financial Concerns and Overall Life Satisfaction: A Joint Modelling Approach.
Source:
Sheffield Economic Research Paper Series, 2014, No. 2014008

Investigation

Public:
Heads of households, Germany, 2002, 2007
Survey name:
DE-SOEP
Sample:
Sampling not reported
Respondents:
N = 7712
Non Response:
Assessment:
Interview: face-to-face

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
Author's label:
Overall life satistaction
Page in publication:
6
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:
6.90 6.90
SD:
1.75 1.75

Correlational Findings

Author's label Subject Description Finding Financial concerns Specific concerns Net Wealth Total wealth Total assets Current possessions Debt Debts Age Current age (in years) Household size Number of persons in household Never married/Widow/Divorced Married vs never married Household Income Household income Employment status Current employment status
Unemployed involuntary
Current status: retired or not
Education Level of school-education
Educational specialization
Health Self-perceived health