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Studies

Headey & Wooden (2004a): study AU 2002

Publication

Author(s):
Headey, B.; Wooden, M.
Title:
The Importance of Wealth for Subjective Well-Being.
Source:
The economic record, 2004, 80, S23-S33

Investigation

Public
25-59 aged general public, Australia, 2002
Survey name
AU-HILDA 2002
Sample
Selection from general population sample
Respondents
N = 7934
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:
12
Observed distribution
Summary Statistics
On original range 0 - 10 On range 0-10
Mean:
7.70 7.70
SD:
- -

Correlational Findings

Author's label Subject Description Finding sex Sex: male (vs female) Log net worth Total wealth Equalized income (/1000) Household income Age Current age (in years) Partnered Married state (compared to non-married states) Educational attainment Current education
Vocational education
Employment status Current employment status Disability status Degree of restriction Explained variance Summed socio-demographic + health