Correlational finding on Happiness and subject: House owned or rented

StudyBecchetti & Pisani (2014): study IT 2010
TitleFamily Economic Well-Being, and (Class) Relative Wealth: An Emperical Analysis of Life Satisfaction of Secundary School Students in Three Italian Cities.
SourceJournal of Happiness Studies, 2014, Vol. 15, 503 -525
DOIDOI: 10.1007/s10902-013-9433-z
Public17-18 aged , secondary school students, Italy, 2010
SampleProbability simple random sample
Non-Response
Respondents N =2124

Correlate
Author's labelHomeowner
Page in Source Table 1 - Table 5
Our classificationHouse owned or rented
Operationalization
Selfreport on whether your parents owns home:
1. yes
0. no
Observed distributionM = .84; SD = .37

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLu-u-sq-n-11-fOLRC=+.39 p < .05
TYPE OF SCHOOL FIXED EFFECT

OLRC controlled for:
 -single parent
 -repeated at least one school year
 -residence location
 -gender
-Household economic condition
 -mortgage
 -current account
O-SLu-u-sq-n-11-fOLRC=+.40 p < .05
OLRC additionally controlled for:
-School performance
 -final grade in Italian
 -final grade in maths
 -final grade at middle school
O-SLu-u-sq-n-11-fOLRC=+.42 p < .01
OLRC additionally controlled for:
-parental jobs
O-SLu-u-sq-n-11-fOLRC=+.39 p < .05
OLRC additionally controlled for:
-Relationship
 -trust in family
 -friends

With SCHOOL FIXED EFFECTS and CLASS FIXED EFFECT, 
the results are nearly the same.


Appendix 1: Happiness measures used
CodeFull Text
O-SLu-u-sq-n-11-fSelfreport on single question:

All things considered, to what extend are you satisfied with your life?
0 the minimum
1
2
3
4
5
6
7
8
9
10 the maximum


Appendix 2: Statistics used
SymbolExplanation
OLRCOLRC: Regression coefficient in ordered categorical logistic regression.
Only the sign of the computed coefficient is informative.

Happiness is an ordered categorical variable. Higher categories correspond to being happier.

OLRC < 0 indicates that the odds of being beyond a chosen happiness category-to- be-ing at or below that category decreases when

1) the corresponding metric correlate increases
2) the corresponding category of a categorical correlate is compared to the reference category.

OLRC > 0 indicates an increase in the odds for both the above cases.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl