Household decisions over the life-cycle > Wave 2

Longitudinal Wave

General Information

Title
Wave 2
Project Number
260.2
Abstract
The research consists of data collection of expectations, preferences, and self-assessments of the decision-making process over a four-year period in the LISS panel in the context of the DFG-funded Collaborative Research Center Transregio 224 (CRC-TR 224). This is the second wave.
Longitudinal Type
Longitudinal Wave
Begin date
05-11-2018
End date
27-11-2018
Researcher
Hans-Martin von Gaudecker (Bonn University); Christian Zimpelmann (Bonn University); Axel Wogrolly (Bonn University)
Publisher
Centerdata
Copyright
© 2022 Centerdata
DOI
https://doi.org/10.17026/dans-2zj-2pnz
Funding Organization
NWO
ODISSEI
Bonn University
University of Mannheim

Datasets and documentation

View Documentation

Codebook in English
Codebook in Dutch

Data Files

English SPSS file
English STATA file
English CSV file

Variables

Variable name Variable Label
nomem_encrNumber of the household member encrypted
pg18b_mYear and month of the field work period
pg18b207Random number 1 - 91 wave 2
pg18b002Text belonging to the chosen game, pg18b207, wave 2
pg18b203Is the mobile layout used.
pg18b204Preloaded variable - Performance of the AEX wave 1
pg18b205Preloaded variable – Results of the AEX for the selected game in wave 1
pg18b206Preloaded variable – Was the choice answered or not in wave 1
pg18b001Preloaded variable – Random number 1 - 91 wave 1
pg18b208Preloaded variable – Choice for the selected game wave 1
pg18b209Preloaded variable – Date of participating wave 1
pg18b214Preloaded variable – Final position wave 1
pg18b216Preloaded variable – Which lottery was shown at the selected game wave 1
pg18b217Preloaded variable – Result of the lottery for the selected game wave 1
pg18b218Preloaded variable – Text at selected game pg18b001, wave 1
pg18b200Fill text choice AEX or lotery
pg18b211Which lotery is shown at the selected game wave 1
pg18b201Fill text used in payout question, {uitbetaling}
pg18b213The result of the selected game wave 1, in textual form
pg18b215Color of the result of the lottery for the selected game wave 1
pg18b219Please indicate what reasons are important to you when you decide what to do with your savings.
pg18b220Do you want to get this explanation?
pg18b003Now pick an option. This is for demonstration purposes only.
pg18b004On 30th April 2019, we will check the development of the AEX. Assume the 1000 euros investment in the AEX is worth 1030 euros. Would you win 20 euros?
pg18b005Imagine six months have passed and you are answering the next questionnaire. Please click the button „Wheel of fortune“. Would you win 20 euros?
pg18b006Imagine six months have passed and you are answering the next questionnaire. Please click the button „Wheel of fortune“. Would you win 20 euros?
pg18b007On 30th April 2019, we will check the development of the AEX. Assume the 1000 euros investment in the AEX is worth 1030 euros. Would you win 20 euros?
pg18b008You can choose between option 1 or option 2.
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pg18b189You can choose between option 1 or option 2.
pg18b221Suppose you have 1000 euros on a savings account and the interest is 1% per year. How much do you think you will have on the savings account after three years, assuming that you leave all your money on this savings account:
pg18b222Suppose you put 1000 euros into a savings account with a guaranteed interest rate of 0.3% per year. How much would be in the account at the end of the first year, once the interest payment is made?
pg18b223And how much would be in the account at the end of five years? Is this:
pg18b224Suppose that the interest on your savings account is 1% per year and that inflation amounts to 2% per year. After 1 year, would you be able to buy more, exactly the same, or less than you could today with the money on that account?
pg18b225First, suppose this bowl has 10 white balls and no red balls. You draw one ball from the bowl without looking. On a scale from 0 to 100, what is the percent chance that the ball you draw is red?
pg18b226Now suppose that the bowl has 7 white balls and 3 red balls. You will be asked to draw one ball without looking. On a scale from 0 percent to 100 percent, what is the percent chance that the ball you draw is white?
pg18b227Imagine that the weather report tells you that the chance it will rain tomorrow is 70%. Assuming the weather report accurately reports the chance of rain, what is the chance it will not rain tomorrow?
pg18b228What is the chance that it will rain both in your town and in New York tomorrow?
pg18b229What is the percent chance that if your friend flips the coin again it will come up tails?
pg18b230Say the chance that the temperature will reach a value of at least 10°C tomorrow is 50%. What do you think is the chance that the temperature will reach a value of at least 15°C tomorrow?
pg18b231Say the chance that it is warmer than 10°C tomorrow is 50%. Then, what do you think is the chance that it will be warmer than 0°C tomorrow?
pg18b190Was it difficult to answer the questions?
pg18b191Were the questions sufficiently clear?
pg18b192Did the questionnaire get you thinking about things?
pg18b193Was it an interesting subject?
pg18b194Did you enjoy answering the questions?
pg18b195Starting date questionnaire
pg18b196Starting time questionnaire
pg18b197End date questionnaire
pg18b198End time questionnaire
pg18b199Duration questionnaire in seconds

Response Information

Response Overview
Selected number of household members: 2,629 (100%)
Non-response: 376 (14.3%)
Response: 2,253 (85.7%)
Complete: 2,170 (82.5%)
Incomplete: 83 (3.2%)
Collection Events
Period
05-11-2018 to 27-11-2018
Sample
Financial respondents who responded to wave 5 of the time use & consumption survey and did not object to CBS data linkage.
Collection Mode
internet survey
Fieldwork Note
A reminder was sent twice to non-respondents