IZA DP No. 10861: Worries across Time and Age in Germany: Bringing Together Open- and Close-Ended Questions
published as 'Worries across time and age in the German Socio-Economic Panel study' in: Journal of Economic Behavior and Organization, In press, corrected proof, Available online 13 February 2018
We investigate how worries in Germany change across time and age, drawing on both closed-ended questions (which typically list a number of worry items) and open-ended questions answered in text format. We find that relevant world events influence worries. For example, worries about peace peaked in 2003, the year of the Iraq War, with a considerable number of respondents also referring to the Iraq war in their text responses. Furthermore, we found that - controlling for these historical effects - worries about various topics such as health and the general economic situation increase with age. With increasing age, respondents also became more likely to answer the open-ended question. This suggests that the age increases in worries we found are not merely a result of an age-biased choice of worry items, but instead also hold for worries self-generated by the respondents.