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Correlational findings

Study Cuesta & Budria (2011): study DE 2000

Public
18+ aged, heads of households, Germany, 2000-2008
Survey name
DE-SOEP
Sample
Respondents
N = 11000
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Ln (household savings)
Our Classification
Distribution
M = 368,95 SD = 823,084
Operationalization
in Euros

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-11-d b = +.03 p < .01 PROBIT ADAPTED OLS. O-SLW-c-sq-n-11-d Beta = +.12 Beta computed by WDH team O-SLW-c-sq-n-11-d b-fix = +.02 p < .01 b-fix random O-SLW-c-sq-n-11-d Beta-f = +.08 Beta-fix computed by WDH team

b, Beta, b-fix and Beta-fix controlled for:
- social characteristics
  - age
  - gender
  - income
  - education
  - household size
  - marital status
  - employment status
  - nationality
- personality traits
- accomodation
- absolute lack of
  - facilities (bath, toilet, etc)
  - durables   (car, telephone, etc)
  - health     (bad health, disabled etc) O-SLW-c-sq-n-11-d b = +.03 p < .01 O-SLW-c-sq-n-11-d Beta = +.12 Beta calculated by WDH team O-SLW-c-sq-n-11-d b-fix = +.02 p < .01 O-SLW-c-sq-n-11-d Beta-f = +.08 Beta-fix calculated by WDH team

b, Beta, b-fix and Beta fix additionally controled for:
- absolute lack of
  - social life O-SLW-c-sq-n-11-d b = +.03 p < .01 O-SLW-c-sq-n-11-d Beta = +.12 Beta calculated by WDH team O-SLW-c-sq-n-11-d b-fix = +.0 p < .01 b-fix random O-SLW-c-sq-n-11-d Beta-f = +.12 Beta-fix calculated by WDH team

b, Beta, b-fix abd Beta fix controlled for:
- social characteristics
- personality traits
- absolute lack
- relative lack

Random effects. Fixed effects: b = +.021 (.01)
Beta-fix = +.08 (calculated by the WDH team) O-SLW-c-sq-n-11-d Beta = +.12 Beta calculated by WDH team O-SLW-c-sq-n-11-d Beta = +.12 Beta computed by WDH team O-SLW-c-sq-n-11-d b-fix = +.02 p < .01 b-fix random effects O-SLW-c-sq-n-11-d Beta-f = +.07 Beta-fix calculated by WDH team

b, Beta, b-fix and Beta-fix additionally controled for
- social life (absolute and relative lack of) O-SLW-c-sq-n-11-d Beta-f = +.08 Beta-fix calculated by WDH team

b, Beta, b-fix and Beta-fix additionally controlled for:
- absolute lack of
  - social life O-SLW-c-sq-n-11-d b = +.03 p < .01