Variable Name | Variable Description | Variable Declaration |
Stock | Whether they hold shares | 1 = hold, 0 = do not hold |
Risk assets | Whether they hold risky assets | 1 = hold risky assets, 0 = do not |
Credit | Whether they hold credit card | 1 = hold,0 = do not hold |
Household income | Ln (household income) | Ln (total income of career earnings and other income) |
Risk | Risk attitude | Assignment 1 - 5, smaller value indicates more appetite for risk |
Insurance | Insurance participation | 1 = participate in, 0 = do not |
House | Whether to have a house | 1 = have, 0 = do not |
Gender | Gender | 1 = male, 0 = female |
Education | Education background | 1 - 9 respectively corresponding to education background from low to high degree |
Political | Political status | 1 = Communist, 0 = other |
Marital | Marital status | 1 = married, 0 = other |
Health | Health status | Assignment 1 - 5, with the larger value for healthier condition |
Price | Expected price | Assignment 1 - 5, larger value for higher price |
House price | Expected house price | Assignment 1 - 5, larger value for higher house price |