Study Brown & Gray (2014): study AU 2002
- Public
- 16-93 aged general public, Australia, 2002, 2006, 2010
- Survey name
- AU-HILDA combined waves
- Sample
- Respondents
- N = 27530
- Non Response
- Assessment
- Interview: face-to-face
Correlate
- Authors's Label
- Ln(Net Wealth)
- Our Classification
-
-
- Remarks
- level of household assets minus total debt, where the level of total assets is defined as the summation of the household’s financial and tangible assets and total debt is the summation of secured and unsecured debt.
- Distribution
- M = 11.894; SD = 4.279
- Operationalization
- Net wealth is calculated (total value of assets - total value of debt)
- ln(net wealth), where net wealth is positive -->
- ln(wealth)=0 , where net wealth is zero
- - ln(|nw|) , where net wealth is negative
Observed Relation with Happiness
b-fix and Beta-fix controled for:
- income
- age
- educational attainment
- ln(household size)
- marital status
- employment status
- self-reported health status