Ethnic persistence, assimilation and risk proclivity

Table 1 Descriptive sample statistics

Characteristics	Total sample		Immigrants		Natives
	Mean	St.Dev.	Mean	St.Dev.	Mean	St.Dev.
Female	0.518	0.499	0.480	0.499	0.521	0.495
Age	48.85	16.66	44.03	14.58	49.17	16.74
Years of education	12.14	2.680	10.81	2.595	12.220	2.660
Married	0.638	0.480	0.739	0.432	0.631	0.482
Household income	0.280	0.222	0.259	0.323	0.281	0.214
Living in east Germany	0.249	0.432	0.006	0.077	0.265	0.441
Foreign nationality	0.062	0.241	1.0	0.0
Turk	0.019	0.139	0.319	0.466
Balkan	0.012	0.109	0.194	0.395
South European	0.017	0.129	0.276	0.447
West European	0.006	0.081	0.107	0.309
East European	0.003	0.058	0.055	0.228
Other	0.002	0.053	0.046	0.211
Willingness to take risk towards:
General	4.385	2.357	3.945	2.618	4.414	2.335
Driving	2.919	2.516	2.742	2.659	2.930	2.506
Financial	2.395	2.205	2.246	2.338	2.405	2.196
Leisure	3.390	2.560	2.922	2.598	3.421	2.555
Career	3.563	2.693	3.066	2.762	3.596	2.684
Health	2.906	2.431	2.766	2.461	2.915	2.429
No. of observations	18,600		1,154		17,446