Correlational finding on Happiness and Later level of income
Subject code: I01aa03a

StudyThompson et al. (1960): study US 1952
TitleThe Effect of Retirement on Personal Adjustment: A Panel Analysis.
SourceJournal of Gerontology, 1960, Vol. 15, 165 - 169
Public60+ aged, employed at start, followed 2 years, USA, 1952-54
SampleNon-probability purposive sample
Respondents N =1559

Author's labelEconomic deprivation
Page in Source 168
Our classificationLater level of income, code I01aa03a
Self report on single question (text not reported)
0: not deprived
1: economically deprived
Assessed at T2
Observed distributionN = 0: 682, 1: 105
T1-T2 difference 1,5 years

Observed Relation with Happiness
                              T2 deprivation
                              NO       YES
T1-T2 CHANGE happy to unhappy
- Gainfull employed thoughout 31%(500) 60%(50)
- Retired willing             30%(125) 58%(24)
- Retired reluctant           51%(57)  71%(31)

Economic deprevation at T2 goed together with a 
loss of happiness since T1

Appendix 1: Happiness measures used
CodeFull Text
M-AO---mq-v*-10-aSelfreport on 3 questions:

A All in all, how much happiness would you say you find in life today......?
3 a great deal
2 some but not very much
1 almost none

B In general, how would you say you feel most of the time, in good spirits or in low spirits.....?
1 I am usually in low spirits
2 I am sometimes in good spirits, sometimes in low spirits
3 I am mostly in good spirits

C On the whole, how satisfied are you with your way of life today.....?
4 very satisfied
3 fairly satisfied
2 not very satisfied
1 not satisfied at all

Items selected by Guttman scaling.

Appendix 2: Statistics used
Type: descriptive statistic only.
Measurement level: Correlate level: dichotomous, but nominal or ordinal theoretically possible as well. Happiness level: dichotomous
Range: [-100; +100]

Meaning: the difference of the percentages happy people at two correlate levels.
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.