Correlational finding on Happiness and subject: `objective` poverty

StudyAckerman & Paolucci (1983): study US 1974
TitleObjective and Subjective Income Adequacy: Their Relationship to Perceived Life Quality Measures.
SourceSocial Indicators Research, 1983, Vol. 12, 25 - 48
DOIDOI:10.1007/BF00428859
Public18+ aged, general public, USA, 1974
Sample
Non-Response26%
Respondents N =1064

Correlate
Author's labelObjective income adequacy
Page in Source 34
Our classification`objective` poverty
Operationalization
Measure developed from the Standard Budget for a 
moderate level of living as defined by the Bureau of 
Labor Statistics.
Adequacy ratio = Standard budget, moderate level * 
adjustment for geographic region * adjustment for 
family composition

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-DT-u-sq-v-7-aDMt=+
1 lowest     Mt' = 7.4
2            Mt' = 8.2
3            Mt' = 8.5
4            Mt' = 8.3
5            Mt' = 8.8
6 highest    Mt' = 8.8

Significant differences between 1/2, 4/5, and 
2/3,4,5


Appendix 1: Happiness measures used
CodeFull Text
O-DT-u-sq-v-7-aSelfreport on single question:

How do you feel about your life as a whole.....?
7 delighted
6 pleased
5 mostly satisfied
4 mixed
3 mostly dissatisfied
2 unhappy
1 terrible

Name: Andrews & Withey's `Delighted-Terrible Scale' (original version)


Appendix 2: Statistics used
SymbolExplanation
DMtDIFFERENCE of MEANS AFTER TRANSFORMATION
Type: descriptive statistic only.
Measurement level: Correlate: dichotomous, Happiness: metric
Theoretical range: [-10; +10]

Meaning: the difference of the mean happiness (happiness measured at a 0-10 rating scale) between the two correlate levels.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl