Findings on happiness in Guven & Hoxha (2015): study NL 1993

Author(s)Guven, C.; Hoxha, I.
TitleRain or Shine: Happiness and Risk-Taking.
SourceThe Quarterly Review of Economics and Finance, 2015, Vol. 57, 1 - 10
Public16+ aged, Netherlands, 1993-2006
Last assesment2006
Survey nameNL-DHS
 Panel study, all 6 waves (1993-2006) were merged in to one sample.
SampleProbability multistage stratified area sample
Respondents N =32000
Non ResponseNot available
AssesmentInterview: computer assisted (CAPI)
Happiness measure(s) used
Full textSelfreport on single question To what extent do you consider yourself a happy person....? 5 very happy 4 happy 3 neither happy nor unhappy 2 not very happy 1 unhappy
Author's labelHappiness
Page in publication3,6
Finding used in
nation ranks
 On original range 1 - 5On range 0 - 10
Standard deviation0.60

Scores in12345

Correlational findings

Author's labelSubject Code
Subject description
Average working hours per weekW04ab22Work hours
Concern only about immediate consequencesP05coRisk minded
Hours of sunshineL13ab05dSunshine
Little self-control or disciplinedP05bpInner locus of control
Making decisions slowP05daSpeedy, hurried
Own life expectancyA08ab02Attitudes to one self
Risk taking for money gainP12ac02Attitude to saving
Risk taking for money gainP05coRisk minded, also classified as above ↑
Subjective price expectationsA08ab04Attitudes to price development
View on self-control expendituresP12ac02Attitude to saving
View on self-control investments and returnsP05coRisk minded
Working pay off soonP05coRisk minded