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Correlational findings

Study Kavetsos & Koutroumpis (2011): study ZZ EU28 2005

Public
15+ aged general public, 29 EU countries, 2005- 2008
Survey name
EU-Eurobarometer combined waves
Sample
Respondents
N = 28000
Non Response
Assessment
Interview: Computer Assisted Telephone Interview (CATI)

Correlate

Authors's Label
Current financial situation
Our Classification
Distribution
0. 9%  a.30% b.54% c.7%
Operationalization
Self reported current financial situation:
0. Very bad
1a. Rather bad
1b. Rather good
1b. Rather good

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLL-u-sq-v-4-b b = +.42 p < .01 a. Rather bad   (vs Very bad) O-SLL-u-sq-v-4-b b = +.84 p < .01 b. Rather good (vs Very bad) O-SLL-u-sq-v-4-b b = +1.1 p < .01 c. Vety good    (vs Very bad)

bs controlled for
- Nation characteristics:
  - log GDP per capita
  - Year effects
  - Country effects
- Community characteristics:
  - Community size
- Personal characteristics:
  - home access to:
    - Fixed phone
    - Mobile phone
    - TV
    - TV with DVD
    - CD
    - PC without Internet
    - PC with Internet
  - Age
  - Age squared
  - Male
  - Marital status
  - Employement status
  - Education level