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Correlational findings

Study Cheng et al. (2013): study CN 2011

Public
Adult, general public, China, 2011
Survey name
CN-China Household Finance Survey (CHFS) 2011
Sample
Respondents
N = 5229
Non Response
Assessment
Multiple assesment methods
Interview: telephone (CATI) & Interview: computer assisted (CAPI)

Correlate

Authors's Label
Risk aversion
Our Classification
Distribution
M = 2.24
Operationalization
Selfreport on single question:
Which type of project would you invest in if you have the money?
1. unwilling to take any risk'
2. below-average risk and below-average return
3. average risk and average return
4. above-average risk and above-average return
5. high risk and high return

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLu-u-sq-v-5-i b = +.01 ns B controlled for:
-Socioeconomic characteristics
-gender
-age
-schooling
-marital status
-household size
-rural hukou
-Party member
-social insurance
-income
-Homeownership
-homeownership
-homeownership property status
-property tenure
-property size
-number of homeownership
-source of homeownership
-Loan
-home loan
-type of home loan
-Perceive better local public safety
-Expect
-better economy
-higher house price
-higher commodity price
-higher interest rate