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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%.