five

Risk Tolerance, 1996

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<span>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: <br><br> <a target="_blank" rel="nofollow" href="https://simba.isr.umich.edu/help/Risk.pdf">Risk Preferences in the PSID: Individual Imputations and Family Covariation</a> <br><br> Please find additional helpful information in the Appendix also found on our website: <a target="_blank" rel="nofollow" href="https://simba.isr.umich.edu/help/Risk_Appendix.pdf">Risk Tolerance Appendix</a></span><br>
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ICPSR - Interuniversity Consortium for Political and Social Research
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2026-03-05
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