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Table 8 Dependent variable - Risk attitudes - Full sample with factors

From: Ethnic persistence, assimilation and risk proclivity

  Driving Financial Leisure Career Health
Constant 0.008 -0.709 3.501*** -0.499 2.347***
  (0.644) (0.574) (0.622) (0.680) (0.637)
Ethnic Persistence Factor -0.179** 0.023 -0.184** -0.274*** -0.126
  (0.086) (0.074) (0.081) (0.083) (0.085)
Assimilation Factor 0.041 0.105 0.261*** 0.269*** -0.005
  (0.089) (0.074) (0.071) (0.080) (0.086)
Foreign nationality -0.299*** -0.169* -0.529*** -0.387*** -0.140
  (0.101) (0.090) (0.091) (0.098) (0.101)
Foreign nationality * -0.010 0.357* 0.170 0.103 -0.091
born in Germany (0.233) (0.196) (0.214) (0.220) (0.203)
R-squared 0.17 0.12 0.21 0.19 0.08
No. of observations 17,561 18,424 18,275 16,896 18,519
  1. a Robust standard errors in parentheses clustered at the household level.
  2. * significant at 10%; ** at 5%; *** at 1%.
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