Study Guven (2009b): study DE 1984
- 18+ aged, households' heads, Germany, 1984-2006
- Survey name
- N = 21000
- Non Response
- Questionnaire: Paper & Pencil Interview (PAPI)
- Authors's Label
- Investment behavior
- Our Classification
- Self-report on multiple questions:
A: "Do you own stocks or bonds?"
B: "Do you have savings accounts?"
C: "Do you have operating assets?"
D: "Do you have life insurance?"
Observed Relation with Happiness
Owning stocks or bonds
Owning stocks and bonds
Instrument for happiness:
- regional yearly cloud cover average
Bs controlled for:
- Personal characteristics
- labor force status
- marital status
- health status
- number of children
- household size
- year fixed effects