Correlational finding on Happiness and subject: Summed nation characteristics

StudyWalsh (2012): study ZZ EU 27 2004 /1
TitleThe Influence of Macro-Economic Conditions and Institutional Quality on National Levels of Life Satisfaction.
SourceWorking Paper 12/08, UCD Centre for Economic Research, 2012, Dublin, Ireland
URLhttp://researchrepository.ucd.ie/bitstream/handle/10197/3720/WP12_08.pdf
Public18+ aged, general public, 23 European nations, 2004
SampleProbability area sample
Non-Response
Respondents N =196000

Correlate
Author's labelCombined effect
Page in Source 14, Table 2
Our classificationSummed nation characteristics
Operationalization
a. Unemployment
b. Inflation 
c. Corruption
d. Income inequality
e. GDP

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLL-u-sq-v-4-bRČ=.93
AVERAGE happiness by institutional quality in 23 
nations.

a + b + c + d + e


Appendix 1: Happiness measures used
CodeFull Text
O-SLL-u-sq-v-4-bSelfreport on single question:

On the whole how satisfied are you with the life you lead?
4 very satisfied
3 fairly satisfied
2 not very satisfied
1 not at all satisfied
- Don't know


Appendix 2: Statistics used
SymbolExplanation
COEFFICIENT of DETERMINATION
Type: test statistic
Measurement level: Correlates: all metric, Happiness: metric
Range: [0; 1]

Meaning:
RČ = 0 « no influence of any correlate in this study has been established.
RČ = 1 « the correlates determine the happiness completely.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl