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Studies

Headey et al. (2008): study AU 2002

Publication

Author(s):
Headey, B.; Muffels, R.; Wooden, M.
Title:
Money does not Buy Happiness...Or does it? A Reconsideration Based on the Combined Effects of Wealth, Income and Consumption.
Source:
Social Indicators Research, 2008, Vol. 87, 65 - 82

Investigation

Public:
15+ aged, general public, Australia 2002
Sample:
Probability simple random sample
Respondents:
N = 11755
Non Response:
Assessment:

Happiness Measure(s) and Distributional Findings

Full text:
Selfreport on single question:

Now here are some questions concerning how satisfied - or dissatisfied - you are with various things about your life, such as your standard of living, your education etc. To indicate this, would you use this card. If you are extremely SATISFIED with something you would call of the highest number, ten. If you are extremely DISSATISFIED you would mention the lowest number, zero. If you are neither extremely satisfied nor extremely dissatisfied, you would mention some number in between zero and ten - the higher the number, the more satisfied, the lower the number the less satisfied.
How satisfied - or dissatisfied - are you with the following? Just read off the number that comes closest to how you feel.
We have talked about various parts of your life. Now taking everything into account, how satisfied or dissatisfied are you with your life as a whole?
0  dissatisfied
1
2
3
4
5
6
7
8
9
10 satisfied
Classification:
O-SLW-u-sq-n-11-e
Author's label:
life satisfaction
Page in publication:
7, 10, 1

Correlational Findings

Author's label Subject Description Finding Household income Household income
Total wealth
Equivalised household income / 1000 Household income Net worth Current possessions
Debts
Sex Sex (male vs female) Age Current age (in years) Partnered Married state (compared to non-married states)
Living as married
Steady love-relation
Education(years) Development of one's education In working force Current employment status Unemployed Unemployed involuntary Bad health Symptoms of bad health R squared Socio-demographic + health