Findings on happiness in Guven & Hoxha (2015): study NL 1993

Author(s)Guven, C.; Hoxha, I.
TitleRain or Shine: Happiness and Risk-Taking.
SourceThe Quarterly Review of Economics and Finance, 2015, Vol. 57, 1 - 10
Public16+ aged, Netherlands, 1993-2006
Last assesment2006
Survey nameNL-DHS
 Panel study, all 6 waves (1993-2006) were merged in to one sample.
SampleProbability multistage stratified area sample
Respondents N =32000
Non ResponseNot available
AssesmentInterview: computer assisted (CAPI)
Happiness measure(s) used
Full textSelfreport 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
Author's labelHappiness
Page in publication3,6
Finding used in
nation ranks
 On original range 1 - 5On range 0 - 10
Standard deviation0.60

Scores in12345

Correlational findings

Author's label Our subject description
Average working hours per weekshow  Work hours
Concern only about immediate consequencesshow  Risk minded
Hours of sunshineshow  Sunshine
Little self-control or disciplinedshow  Inner locus of control
Making decisions slowshow  Speedy, hurried
Own life expectancyshow  Attitudes to one self
Risk taking for money gainshow  Attitude to saving
Risk taking for money gainshow  Risk minded, also classified as above ↑
Subjective price expectationsshow  Attitudes to price development
View on self-control expendituresshow  Attitude to saving
View on self-control investments and returnsshow  Risk minded
Working pay off soonshow  Risk minded