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. Author manuscript; available in PMC: 2017 Jul 14.
Published in final edited form as: J Behav Exp Econ. 2014 Nov 15;54:10–21. doi: 10.1016/j.socec.2014.11.002

Table 3.

Structural equation modelling of the indirect effects of years of education on life satisfaction, HILDA Survey 2001–2010.

All Men Women
Equation 1: Life satisfaction
Years of education −0.028*** (0.007) −0.026** (0.011) −0.025*** (0.010)
Log of real equivalised household income 0.065*** (0.007) 0.055 (0.010) 0.070 (0.009)
Employed 0.033*** (0.007) 0.095*** (0.013) 0.005 (0.008)
Married 0.169*** (0.007) 0.168*** (0.012) 0.167*** (0.010)
Total number of children 0.003 (0.009) −0.017 (0.014) 0.012 (0.013)
No long-term health problems 0.131*** (0.007) 0.098*** (0.009) 0.153*** (0.009)
Equation 2: Log of real equivalised household income
Years of education 0.318*** (0.007) 0.321*** (0.011) 0.316*** (0.010)
Equation 3: Employed
Years of education 0.198*** (0.007) 0.141*** (0.010) 0.246*** (0.011)
Equation 4: Married
Years of education 0.046*** (0.008) 0.079*** (0.011) 0.011 (0.012)
Equation 5: Total number of children
Years of education −0.133*** (0.009) −0.052*** (0.013) −0.203*** (0.012)
Equation 6: No long-term health problems
Years of education 0.105*** (0.007) 0.121*** (0.011) 0.095*** (0.010)
N 76,622 36,208 40,414

Note: See Table 2.