Correlational finding on Happiness and subject: Gnp per capita (raw)

StudyLayard et al. (2009): study ZZ Western Europe 1973
TitleDoes Relative Income Matter? Are the Critics Right?
SourceWorking paper SOEP No. 210, DIW, 2009, Berlin, Germany. (also published in: Diener E.;Helliwell J.E.; Kahneman D.;Eds.: ''International Differences in Well-Being'', Oxford University Press, 2010, 139 - 165)
URLhttp://cep.lse.ac.uk/pubs/download/dp0918.pdf
Public18+ aged general public, 16 EU countries, 1973-2007
SampleProbability multi-stage cluster sample
Non-Response
Respondents N =1350000

Correlate
Author's labelGDP per capita
Page in Source 34
Our classificationGnp per capita (raw)
Operationalization
a) trend GDP/capita (log)
b) cyclical GPD/capita (log)

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLW-c-sq-n-10-ab=+.20
a) trend GDP/capita
O-SLW-c-sq-n-10-ab=+3.6
b) cyclical GDP/capita

b's controlled for:
- unemployment rate
- inflation rate


Appendix 1: Happiness measures used
CodeFull Text
O-SLW-c-sq-n-10-aSelfreport on single question:

All things considered, how satisfied are you with your life as-a-whole these days?
1 dissatisfied
2
3
4
5
6
7
8
9
10 satisfied


Appendix 2: Statistics used
SymbolExplanation
bREGRESSION COEFFICIENT (non-standardized) by LEAST SQUARES (OLS)
Type: test statistic
Measurement level: Correlate: metric, Happiness: metric
Theoretical range: unlimited

Meaning:
b > 0 A higher correlate level corresponds with a higher happiness rating on average.
B < 0 A higher correlate level corresponds with a lower happiness rating on average.
B = 0 Not any correlation with the relevant correlate.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl