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Tuesday, 8th September 2015

UK: Relationship between Wealth, Income and Personal Well-being, July 2011 to June 2012

Source: Office for National Statistics (UK)

Summary:

This article uses data from the Wealth and Assets Survey (WAS) for July 2011 to June 2012 which, for the first time, included measures of personal well-being. It describes the results of regression analysis considering the relationships between the total wealth or total income of the households in which individuals live and their personal well-being. Regression analysis is a statistical technique which was used to analyse variation in well-being outcomes by specific characteristics and circumstances of individuals while holding all other characteristics equal. This allows for a better understanding of what matters most to an individual’s personal well-being compared to analysis when different factors are considered separately.

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »



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