Name File Type Size Last Modified text/x-stata-syntax 807 bytes 10/30/2017 09:37:AM application/x-sas 844 bytes 10/30/2017 09:37:AM
RISK96.sps text/x-spss-syntax 885 bytes 10/30/2017 09:37:AM
RISK96.txt text/plain 133 KB 10/30/2017 09:37:AM
RISK96_codebook.pdf application/pdf 9.2 KB 10/30/2017 09:37:AM
RiskTolerance_Intro.pdf application/pdf 26.1 KB 10/30/2017 09:37:AM

Project Citation: 

Kimball, Miles S., Sahm, Claudia R., and Shapiro, Matthew D. Risk Tolerance, 1996. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2017-11-06.

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Project Description

Summary:  View help for Summary In 1996, Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro used the questions M1-M5 asked in the 1996 Family Interview to impute variables of risk tolerance and risk aversion. For information about the construction of these variables please refer to their paper: Risk Preferences in the PSID: Individual Imputations and Family Covariation." by Miles S.Kimball, Claudia R. Sahm, and Matthew D. Shapiro. American Economic Review Papers and Proceedings 99 (May 2009) 363-368, which may be found on our website:

Risk Preferences in the PSID: Individual Imputations and Family Covariation

Please find additional helpful information in the Appendix also found on our website:  Risk Tolerance Appendix

Scope of Project

Subject Terms:  View help for Subject Terms PSID; Risk Tolerance
Time Period(s):  View help for Time Period(s) 1996 – 1996

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