Table 5.

Structural equation modelling with the application of the fixed effects vector decomposition method, HILDA Survey 2001–2010.

	All	Men	Women
Equation 1: Life satisfaction
Years of education	−0.034*** (0.002)	−0.035*** (0.004)	−0.033*** (0.003)
Log of real equivalised household income	0.072*** (0.003)	0.069*** (0.005)	0.074*** (0.005)
Employed	0.024*** (0.004)	0.036*** (0.007)	0.019*** (0.004)
Married	0.171*** (0.003)	0.173*** [0.005)	0.168*** (0.004)
Total number of children	0.0001 (0.003)	−0.005 (0.005)	0.003 (0.004)
No long-term health problems	0.130*** (0.003)	0.125*** (0.005)	0.133*** (0.004)
Fixed effect residual (life satisfaction)	0.985*** (0.004)	0.990*** (0.006)	0.978*** (0.006)
Equation 2: Log of real equivalised household income
Years of education	0.317*** (0.001)	0.315*** (0.002)	0.318*** (0.002)
Fixed effect residual (income)	0.994*** (0.002)	0.992*** (0.003)	0.995*** (0.002)
Equation 3: Employed
Years of education	0.193*** (0.001)	0.192*** (0.002)	0.193*** (0.002)
Fixed effect residual (employed)	0.993*** (0.002)	0.987*** (0.003)	0.996*** (0.002)
Equation 4: Married
Years of education	0.048*** (0.001)	0.047*** (0.002)	0.048*** (0.002)
Fixed effect residual (married)	0.993*** (0.002)	0.989*** (0.003)	0.996*** (0.002)
Equation 5: Total number of children
Years of education	−0.127*** (0.001)	−0.126*** (0.001)	−0.129*** (0.001)
Fixed effect residual (children)	0.994*** (0.001)	0.996*** (0.001)	0.991*** (0.001)
Equation 6: No long-term health problems
Years of education	0.102*** (0.001)	0.103*** (0.002)	0.102*** (0.002)
Fixed effect residual (health)	0.999*** (0.002)	0.995*** (0.003)	1.001*** (0.003)
N	60,211	27,945	32,266

Note: See Table 2.