Table 2: 2004 Survey of Consumer Finances (SCF) and 2003 Income and Expenditure Survey (EVS) (for definition of variables, see Appendix B)
______________________USA: SCF 2003______________________ |
______________________Germany: EVS 2004______________________ | |||||||||||
full sample |
individual has |
individual N = Mean |
has risky 2 Std (weighed) |
full N = Mean |
sample Std |
individual has |
individual has risky 2 | |||||
Mean (weighed) |
Std |
Mean (weighed) |
Std | |||||||||
Mean |
Std |
Mean |
Std | |||||||||
Demographics |
55.69 |
19.24 |
51.04 |
22.95 |
56.53 |
18.78 |
50.46 |
16.98 |
50.43 |
18.29 |
50.48 |
16.09 |
Age 2 |
3,469 |
2,198 |
3,069.07 |
2,519.76 |
3,541.70 |
2,167.05 |
2,834 |
1,793 |
2,878 |
1,927 |
2,807 |
1,702 |
Gender |
0.65 |
0.49 |
0.69 |
0.53 |
0.65 |
0.49 |
0.67 |
0.47 |
0.75 |
0.43 |
0.62 |
0.48 |
# Children |
0.40 |
0.81 |
0.51 |
1.01 |
0.38 |
0.79 |
0.30 |
0.65 |
0.29 |
0.63 |
0.30 |
0.65 |
Education Low |
0.18 |
0.39 |
0.30 |
0.49 |
0.16 |
0.37 |
0.07 |
0.25 |
0.09 |
0.28 |
0.05 |
0.22 |
Middle |
0.51 |
0.50 |
0.59 |
0.54 |
0.49 |
0.51 |
0.63 |
0.48 |
0.69 |
0.46 |
0.60 |
0.49 |
High |
0.31 |
0.47 |
0.10 |
0.38 |
0.35 |
0.49 |
0.30 |
0.46 |
0.23 |
0.42 |
0.35 |
0.48 |
Occupation Employed |
0.56 |
0.50 |
0.48 |
0.54 |
0.58 |
0.50 |
0.53 |
0.50 |
0.43 |
0.50 |
0.60 |
0.49 |
Unemployed |
0.05 |
0.22 |
0.09 |
0.29 |
0.05 |
0.21 |
0.07 |
0.25 |
0.10 |
0.30 |
0.05 |
0.21 |
Retired |
0.38 |
0.49 |
0.42 |
0.52 |
0.38 |
0.49 |
0.40 |
0.49 |
0.46 |
0.50 |
0.35 |
0.48 |
Income (local currency) |
36,186 |
55,084 |
16,443 |
15,969 |
39,751 |
59,253 |
42,757 |
46,868 |
27,493 |
28,535 |
52,437 |
53,217 |
Labor Income |
31,556 |
36,087 |
15,500 |
17,176 |
34,455 |
38,670 |
30,743 |
20,894 |
22,897 |
14,743 |
35,718 |
22,624 |
Ln(Labor Income) |
10.01 |
0.89 |
9.37 |
0.89 |
10.13 |
0.87 |
10.13 |
0.65 |
9.88 |
0.57 |
10.30 |
0.64 |
Wealth (local currency) Owns risky 1 |
0.496 |
0.510 |
0.001 |
0.07 |
0.585 |
0.505 |
0.39 |
0.49 |
0 |
0 |
0.63 |
0.48 |
pecent risky 1 |
0.142 |
0.247 |
0.001 |
0.07 |
0.164 |
0.260 |
0.09 |
0.20 |
0 |
0 |
0.15 |
0.24 |
Owns risky 2 |
0.85 |
0.37 |
0 |
0 |
1.000 |
0.000 |
0.61 |
0.49 |
0 |
0 |
1 |
0 |
percent risky 2 |
0.58 |
0.35 |
0 |
0 |
0.684 |
0.267 |
0.39 |
0.40 |
0 |
0 |
0.64 |
0.31 |
Owns Hose |
0.744 |
0.441 |
0.02 |
0.30 |
0.87 |
0.35 |
0.40 |
0.49 |
0.003 |
0.05 |
0.66 |
0.47 |
House Value |
146,415 |
332,759 |
991 |
9,826 |
172,675 |
357,999 |
79,151 |
150,396 |
312 |
6,245 |
129,145 |
174,636 |
Assets |
263,101 |
1,084,310 |
7,053 |
34,224 |
309,339 |
1,177,029 |
112,886 |
179,561 |
15,812 |
34,763 |
174,444 |
205,324 |
In Debt |
0.587 |
0.493 |
0.02 |
0.28 |
0.69 |
0.46 |
0.24 |
0.43 |
0.003 |
0.05 |
0.39 |
0.49 |
Debt |
41,081 |
75,682 |
995 |
9,765 |
48,319 |
80,786 |
16,678 |
52,214 |
312 |
6,245 |
27,057 |
64,444 |
Net worth |
233,249 |
1,086,321 |
8,662 |
33,574 |
273,806 |
1,179,796 |
96,208 |
159,525 |
15,500 |
34,151 |
147,388 |
184,655 |
Ln(Net worth) |
10.95 |
2.06 |
7.66 |
2.15 |
11.54 |
1.48 |
10.15 |
2.09 |
8.50 |
1.95 |
11.20 |
1.39 |
Labor Income / Net worth |
6.62 |
70.16 |
39.79 |
240.51 |
0.64 |
1.62 |
43.24 |
537.32 |
108.45 |
858.03 |
1.90 |
24.47 |
More intriguing information
1. Are class size differences related to pupils’ educational progress and classroom processes? Findings from the Institute of Education Class Size Study of children aged 5-7 Years2. The bank lending channel of monetary policy: identification and estimation using Portuguese micro bank data
3. Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction
4. Antidote Stocking at Hospitals in North Palestine
5. The name is absent
6. The name is absent
7. Sectoral Energy- and Labour-Productivity Convergence
8. Real Exchange Rate Misalignment: Prelude to Crisis?
9. The name is absent
10. AN EXPLORATION OF THE NEED FOR AND COST OF SELECTED TRADE FACILITATION MEASURES IN ASIA AND THE PACIFIC IN THE CONTEXT OF THE WTO NEGOTIATIONS