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Studies

Guven & Hoxha (2015): study NL 1993

Publication

Author(s):
Guven, C.; Hoxha, I.
Title:
Rain or Shine: Happiness and Risk-Taking.
Source:
The Quarterly Review of Economics and Finance, 2015, Vol. 57, 1 - 10

Investigation

Public:
16+ aged, Netherlands, 1993-2006
Survey name:
NL-DHS
Sample:
Probability multistage stratified area sample
Respondents:
N = 32000
Non Response:
Assessment:
Interview: computer assisted (CAPI)

Happiness Measure(s) and Distributional Findings

Full text:
Selfreport 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
Classification:
O-HP-u-sq-v-5-a
Author's label:
Happiness
Page in publication:
3,6
Observed distribution
Frequencies
1: 0%,   2: 0.5%,   3: 15%,   4: 66%,   5: 18.5%   (total 100%)
Summary Statistics
On original range 1 - 5 On range 0-10
Mean:
4.03
SD:
0.60

Correlational Findings

Author's label Subject Description Finding Hours of sunshine Sunshine Subjective price expectations Attitudes to price development Making decisions slow Speedy, hurried Own life expectancy Attitudes to one self Average working hours per week Work hours Risk taking for money gain Attitude to saving
Risk minded
Working pay off soon Risk minded Concern only about immediate consequences Risk minded View on self-control expenditures Attitude to saving View on self-control investments and returns Risk minded Little self-control or disciplined Inner locus of control