Findings on happiness in Boyce & Wood (2011): study DE 2005

Author(s)Boyce, C.J.; Wood, A.M.
TitlePersonality and the Marginal Utility of Income: Personality Interacts with Increases in Household Income to Determine Life Satisfaction.
SourceJournal of Economic Behavior & Organization, 2011, Vol. 78, 183 - 191
Public17-96 aged, general public Germany, followed 4 years 2005-2008
 17-96 aged
Last assesment2008
Survey nameDE-SOEP combined waves
 Waves 2005, 2006, 2007 and2008
SampleProbability multi-stage cluster sample
Respondents N =54460
 individual time-point observations
Non ResponseNot available
AssesmentInterview: telephone (CATI)
General remarksQuestions about personality only asked in 2005
Happiness measure(s) used
Full textSelfreport 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
Finding used in
nation ranks
 On original range 0 - 10On range 0 - 10
Standard deviation1.751.75

Correlational findings

Author's label Our subject description
Child dummyshow  Children in the household
Disability statusshow  Disability
Employment statusshow  Current employment status
Employment statusshow  Current status: retired or not, also classified as above ↑
Employment statusshow  Unemployed involuntary, also classified as above ↑
Household size (log)show  Number of persons in household
Marital statusshow  Married state (compared to non-married states)
Marital statusshow  Married vs never married, also classified as above ↑
Marital statusshow  Vs divorced, also classified as above ↑
Marital statusshow  Vs separated, also classified as above ↑
Marital statusshow  Vs widowed, also classified as above ↑
Montly household income (log)show  Change in income level
Montly household income (log)show  Household income , also classified as above ↑
Personality variablesshow  Agreeing, yea-saying
Personality variablesshow  Conscientious, also classified as above ↑
Personality variablesshow  Extraverted, also classified as above ↑
Personality variablesshow  Neurotic, also classified as above ↑
Personality variablesshow  Open, also classified as above ↑