Measuring savers' preferences how and why?
type: Dataset
description: Measuring individual preferences of savers have two main motivations: to reduce the share of non-observed heterogeneity in explaining households' wealth behaviors, and to construct more accurate tests of the theories of savings and portfolio choices. For France, we have constructed a unique data set, the PAT€R surveys (PATrimony and Preferences vis-à-vis Time and Risk), with the first survey made in 1998 by interview with Insee, and the following surveys conducted by Tns-Sofres via postal questionnaires: PAT€R-2002 focused on the transmission of preferences between parents and children; the three subsequent waves, PAT€R-2007-2009-2011, were conducted in May 2007 (before the crisis), June 2009 and November 2011, on more than 3600 households representative of the French population, with an important panel dimension - about 2000 households were interviewed at least twice, and nearly 1100 households were present in all three waves. Almost each survey replicates direct measures of risk attitudes as well as time preference found in the literature, such as the hypothetical lottery on income of Barsky et al. (1997), selfreported 0-to-10 scales concerning the willingness to take risks in various contexts (Dohmen et al., 2011), or even experimental measures. Yet these measures, based upon a limited number of questions, suffer from serious drawbacks that are analyzed in the paper. This is why we have developed an alternative method of scoring in order to measure three types of preferences, towards risk, time, and offspring (altruism) : synthetic and ordinal scores of preferences are derived from the responses given to a large number of (mainly) simple real-life questions covering different life domains of life (consumption, leisure, health, investments, work, retirement, family). No single question is satisfactory by itself, but the idea is that if a number of questions possess a common dimension, towards risk for instance, this dimension will be isolated by aggregating the re…
landing page: https://shs.hal.science/halshs-00834203
keyword: inequality
keyword: infoeu-reposemanticspreprint
keyword: preferences
keyword: preprints-working-papers-
keyword: saving
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: wealth
issued: 2026-05-10T17:28:55.528566
modified: 2026-05-10T17:28:55.528571
language: en
contact point: Organization
  fn: CCSD

test_moissonnage_selune
type: Agent

Measuring savers' preferences how and why?
type: Distribution
format: HTML
access URL: https://shs.hal.science/halshs-00834203
issued: 2026-05-10T17:28:55.531168
modified: 2026-05-10T17:28:55.517485