Subjective Beliefs and Individual Risk Preferences in a Structural Model of Portfolio Choice > Part 2
Single Wave Study
General Information
Title
Part 2
Project Number
135.2
Abstract
The questionnaire is the second of four questionnaires on subjective
expectations and individual risk preferences in portfolio choices. The other
parts were administered in August 2013, March 2014, and October 2014.
Longitudinal Type
Single Wave Study
Begin date
02-09-2013
End date
30-09-2013
Topics
Researcher
Enke, B., Gaudecker, H.M. von
Publisher
CentERdata
Copyright
© 2016 CentERdata
DOI
https://doi.org/10.17026/dans-zqz-f8d3
Funding Organization
CentERdata/MESS Project
Datasets and documentation
View Documentation
Codebook in English
Codebook in Dutch
Data Files
English SPSS file
English STATA file
Variables
| Variable name | Variable Label |
|---|---|
| nomem_encr | Number of the household member encrypted |
| jy13a_m | Year and month of the field work period |
| jy13a001 | the amount shown in question jy13a006 |
| jy13a002 | the amount shown in question jy13a007, depending on the answer to question jy13a006 |
| jy13a003 | the amount shown in question jy13a008, depending on the answers to questions jy13a006 and jy13a007 |
| jy13a004 | the amount shown in question jy13a009, depending on the answers to questions jy13a006 – jy13a008 |
| jy13a005 | the amount shown in question jy13a010, depending on the answers to questions jy13a006 – jy13a009 |
| jy13a006 | What would you prefer: a 50 percent chance of winning 300 euro when at the same time there is 50 percent chance of winning nothing, or would you rather have the amount of [jy13a001] euro as a sure payment? |
| jy13a007 | What would you prefer: a 50 percent chance of winning 300 euro when at the same time there is 50 percent chance of winning nothing, or would you rather have the amount of [jy13a002] euro as a sure payment? |
| jy13a008 | What would you prefer: a 50 percent chance of winning 300 euro when at the same time there is 50 percent chance of winning nothing, or would you rather have the amount of [jy13a003] euro as a sure payment? |
| jy13a009 | What would you prefer: a 50 percent chance of winning 300 euro when at the same time there is 50 percent chance of winning nothing, or would you rather have the amount of [jy13a004] euro as a sure payment? |
| jy13a010 | What would you prefer: a 50 percent chance of winning 300 euro when at the same time there is 50 percent chance of winning nothing, or would you rather have the amount of [jy13a005] euro as a sure payment? |
| jy13a011 | Generally speaking, how willing are you to take risks? |
| jy13a012 | And, generally speaking, how willing are you to take risks in financial matters? |
| jy13a013 | How much do you expect an investment of 100 euro in the AEX will be worth in a year from now? Please provide your answer in euros. |
| jy13a014 | How certain are you that the final amount after one year will equal your previous estimate? |
| jy13a015 | How much do you expect an investment of 100 euro in shares of Philips will be worth in a year from now? Please provide your answer in euros. |
| jy13a016 | How certain are you that the final amount of the shares of Philips after one year will equal your previous estimate? |
| jy13a017 | How much do you expect an investment of 100 euro in a standard bank account will be worth in a year from now? Please provide your answer in euros. |
| jy13a018 | How certain are you that the final amount in the bank account after one year will equal your previous estimate? |
| jy13a019 | Out of 100 euro, how much do you want to invest in the investment fund, how much in shares of Philips and how much into the bank deposit? Investment fund |
| jy13a020 | Out of 100 euro, how much do you want to invest in the investment fund, how much in shares of Philips and how much into the bank deposit? Shares of Philips |
| jy13a021 | Out of 100 euro, how much do you want to invest in the investment fund, how much in shares of Philips and how much into the bank deposit? Bank deposit |
| jy13a022 | Was it difficult to answer the questions? |
| jy13a023 | Were the questions sufficiently clear? |
| jy13a024 | Did the questionnaire get you thinking about things? |
| jy13a025 | Was it an interesting subject? |
| jy13a026 | Did you enjoy answering the questions? |
| jy13a027 | Starting date questionnaire |
| jy13a028 | Starting time questionnaire |
| jy13a029 | End date questionnaire |
| jy13a030 | End time questionnaire |
| jy13a031 | Duration in seconds |
Response Information
Response Overview
Selected number of household members: 2,307 (100%)Non-response: 177 (7.7%)
Response: 2,130 (92.3%)
Complete: 2,125 (92.1%)
Incomplete: 5 (0.2%)
Collection Events
Period
02-09-2013 to 30-09-2013
Sample
panel members who participated in part 1 (jx13a)
Collection Mode
internet survey
Fieldwork Note
A reminder was sent twice to non-respondents.
Publications
Drerup, T.,
et al. (2017). The precision of subjective data and the explanatory power of economic models. Journal of Econometrics (2017), 200(2), 378-389
.