Stereotypes about Stock Market participants > Main study
Single Wave Study
General Information
Title
Main study
Project Number
419.2
Abstract
Main questionnaire on stereotypes about stock market participants. The pilot study was fielded in October 2021.
Longitudinal Type
Single Wave Study
Begin date
08-11-2021
End date
12-12-2021
Researcher
Christian Zimpelmann (University of Bonn)
Publisher
Centerdata
Copyright
© 2026 Centerdata
DOI
https://doi.org/10.57990/xnr0-gt61
Funding Organization
ODISSEI,
OCW (Domeinplan SSH),
University of Bonn
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_encr | Number of the household member encrypted |
| yh21a_m | Year and month of the field work period |
| yh21a001 | Random number: What kind of graphs was the respondent shown? |
| yh21a002 | Preloaded variable: Difference in greed between people who have risky investments and people who do not, as estimated by panel member |
| yh21a003 | Preloaded variable: Difference in being a gambler between people who have risky investments and people who do not, as estimated by panel member |
| yh21a004 | Preloaded variable: Difference in self-centeredness between people who have risky investments and people who do not, as estimated by panel member |
| yh21a005 | Calculated variable: Absolute value of difference in greed between people who have risky investments and people who do not, as estimated by panel member |
| yh21a006 | Calculated variable: Absolute value of difference in being a gambler between people who have risky investments and people who do not, as estimated by panel member |
| yh21a007 | Calculated variable: Absolute value of difference in self-centeredness between people who have risky investments and people who do not, as estimated by panel member |
| yh21a008 | Calculated variable: Difference in doing volunteer work between people who have risky investments and people who do not, as estimated by panel member |
| yh21a009 | Calculated variable: Difference in helping strangers between people who have risky investments and people who do not, as estimated by panel member |
| yh21a010 | Calculated variable: Difference in unnecessary purchases between people who have risky investments and people who do not, as estimated by panel member |
| yh21a011 | Calculated variable: Absolute value of difference in doing volunteer work between people who have risky investments and people who do not, as estimated by panel member |
| yh21a012 | Calculated variable: Absolute value of difference in helping strangers between people who have risky investments and people who do not, as estimated by panel member |
| yh21a013 | Calculated variable: Absolute value of difference in unnecessary purchases between people who have risky investments and people who do not, as estimated by panel member |
| yh21a014 | Of the group of people who do have risky investments: What do you think is the percentage of people who currently do volunteer work or have done so in the past two years? |
| yh21a015 | Of the group of people who do not have risky investments: What do you think is the percentage of people who currently do volunteer work or have done so in the past two years? |
| yh21a016 | Of the group of people who do have risky investments: What do you think is the percentage of people who have helped a stranger in need in the past two years? |
| yh21a017 | Of the group of people who do not have risky investments: What do you think is the percentage of people who have helped a stranger in need in the past two years? |
| yh21a018 | Of the group of people who do have risky investments: What do you think is the percentage of people who have at least once purchased a product that they didn’t really need, out of greed? |
| yh21a019 | Of the group of people who do not have risky investments: What do you think is the percentage of people who have at least once purchased a product that they didn’t really need, out of greed? |
| yh21a020 | People who do have risky investments (such as stocks)… are actually greedy |
| yh21a021 | People who do have risky investments (such as stocks)… are actually gamblers |
| yh21a022 | People who do have risky investments (such as stocks)… are actually self-centered |
| yh21a023 | People who do not have risky investments (such as stocks)… are actually greedy |
| yh21a024 | People who do not have risky investments (such as stocks)… are actually gamblers |
| yh21a025 | People who do not have risky investments (such as stocks)… are actually self-centered |
| yh21a026 | Do you want to invest part of the €100 in the risky investment? |
| yh21a027 | How much of the €100 do you want to put in the bank account, and how much do you want to use for the risky investment via the index fund? Amount in the risky investment |
| yh21a028 | Calculated variable: How much of the €100 do you want to put in the bank account, and how much do you want to use for the risky investment via the index fund? Amount in bank account |
| yh21a029 | Do you think that you will invest part of your own money in risky financial assets, such as stocks or funds, in the coming six months? |
| yh21a030 | I will not under any circumstances or in any situation invest my own money in risky investments, such as stocks or funds, in the coming five years. |
| yh21a031 | If you wish, you can receive this information in the form of a PDF file that you can download after you finish the questionnaire. Do you want to receive this information at the end of the questionnaire? |
| yh21a032 | The tax on personal investments and savings (private assets) should be raised |
| yh21a033 | Investments in risky financial investments such as stocks or funds should be taxed more heavily than savings in a bank account |
| yh21a034 | Investments in stocks and funds for private pensions should be encouraged more strongly by the government, e.g. through subsidies or tax exemptions |
| yh21a035 | A tax on financial transactions should be introduced in the Netherlands |
| yh21a036 | Financial products and methods that make betting and speculating on the prices of basic foodstuffs possible should be prohibited |
| yh21a037 | A tax on profits from the trade in risky financial assets should be introduced in the Netherlands |
| yh21a038 | Please divide €100 between a randomly chosen person from the Netherlands and a member of one of your current or past organizations. Amount to a person from your current or past organizations |
| yh21a039 | Calculated variable: Please divide €100 between a randomly chosen person from the Netherlands and a member of one of your current or past organizations. Amount to randomly chosen person in the Netherlands |
| yh21a040 | Please divide €100 between a randomly chosen person from somewhere in the entire world and a randomly chosen person from the Netherlands. Amount to a randomly chosen person from the Netherlands |
| yh21a041 | Calculated variable: Please divide €100 between a randomly chosen person from somewhere in the entire world and a randomly chosen person from the Netherlands. Amount to a randomly chosen person from somewhere in the entire world |
| yh21a042 | Please divide €100 between a randomly chosen person from somewhere in the entire world and someone who speaks Dutch and lives anywhere in the world. Amount to someone who speaks Dutch and lives anywhere in the world |
| yh21a043 | Calculated variable: Please divide €100 between a randomly chosen person from somewhere in the entire world and someone who speaks Dutch and lives anywhere in the world. Amount to a randomly chosen person from somewhere in the entire world |
| yh21a044 | Divide €100 euro between a person on the panel with risky investments, and a person on the panel without risky investments. Amount to panel member without risky investments |
| yh21a045 | Calculated variable: Divide €100 euro between a person on the panel with risky investments, and a person on the panel without risky investments. Amount to panel member with risky investments |
| yh21a046 | The fact that I do not have any risky investments is an important part of my identity |
| yh21a047 | I am proud that I do not have any risky investments |
| yh21a048 | When a person or the media criticizes people for not having any risky investments, that feels like a personal insult |
| yh21a049 | I am very different from people who do have risky investments |
| yh21a050 | If I knew about another person that they did have risky investments, I would instantly feel less of a connection with that person |
| yh21a051 | I am not entirely sure what kind of person I am |
| yh21a052 | The opinion that others have about me is very important to me |
| yh21a053 | I don’t want others to think of me as someone who has risky investments |
| yh21a054 | When I make decisions, I often think of the implications that the various alternatives have for my self-image |
| yh21a055 | [Situation 1] In this situation, I can imagine that I would at some point in the future invest in risky financial assets |
| yh21a056 | [Situation 2] In this situation, I can imagine that I would at some point in the future invest in risky financial assets |
| yh21a057 | Please indicate whether you consider people with the following jobs to be trustworthy. Politicians |
| yh21a058 | Please indicate whether you consider people with the following jobs to be trustworthy. Bankers |
| yh21a059 | Please indicate whether you consider people with the following jobs to be trustworthy. Financial advisors |
| yh21a060 | Please indicate whether you consider people with the following jobs to be trustworthy. Insurance agents |
| yh21a061 | Please indicate whether you consider people with the following jobs to be trustworthy. Physicians |
| yh21a062 | Please think about the Dutch stock market. How much do you think that an investment of €100 in the AEX will be worth one year from now? |
| yh21a063 | Think about all Dutch citizens who are older than 18. What percentage of those people do you think have risky investments? |
| yh21a064 | Right now I am confident in my knowledge about how the stock market works |
| yh21a065 | With financial investments, it is often the case that when one person wins, someone else by definition has to lose |
| yh21a066 | I currently do not have what it takes to be successful in the stock market |
| yh21a067 | People should not talk about money |
| yh21a068 | Please indicate whether these people actually are, on average, rather self-centered. People who only invest in risky assets that meet the guidelines for socially responsible investments |
| yh21a069 | Please indicate whether these people actually are, on average, rather self-centered. People who use high-risk financial derivatives, such as options, swaps or warrants |
| yh21a070 | Please indicate whether these people actually are, on average, rather self-centered. People who only make risky investments in the form of investments in market index funds |
| yh21a071 | How often do you talk with people outside your household about how they invest their money? |
| yh21a072 | Have you personally ever had negative experiences with risky investments? |
| yh21a073 | Do or did your parents have risky investments, such as stocks? |
| yh21a074 | How many friends do you have of whom you know that they have risky investments? |
| yh21a075 | Do you have any risky investments (such as stocks or funds)? |
| yh21a076 | Earlier on in this questionnaire, you were shown a graph. Which of the following statements about the actual difference (not what you thought the difference would be) matches what the graph showed? |
| yh21a077 | Was it difficult to answer the questions? |
| yh21a078 | Were the questions sufficiently clear? |
| yh21a079 | Did the questionnaire get you thinking about things? |
| yh21a080 | Was it an interesting subject? |
| yh21a081 | Did you enjoy answering the questions? |
| yh21a082 | Starting date questionnaire |
| yh21a083 | Starting time questionnaire |
| yh21a084 | End date questionnaire |
| yh21a085 | End time questionnaire |
| yh21a086 | Duration in seconds |
Response Information
Response Overview
Selected number of household members: 2,275 (100.0%)Non-response: 486 (21.4%)
Response: 1,789 (78.6%)
Complete: 1,670 (73.4%)
Incomplete: 119 (5.2%)
Collection Events
Period
08-11-2021 to 30-11-2021
Sample
Financial deciders of the household who participated in the May 2021 wave of the household portfolio questionnaire (Household decisions over the life-cycle) or who participated in the pilot study in October 2021 (Stereotypes about Stock Market participants - Pilot study) and in that survey reported not to have any stocks or investments.
Collection Mode
Internet Survey
Fieldwork Note
A reminder was sent twice to non-respondents.
Period
06-12-2021 to 12-12-2021
Sample
Non-respondents of the first measurement.
Collection Mode
Internet Survey
Fieldwork Note
A reminder was sent twice to non-respondents.