1. To download Swiss Household Panel (SHP) data, visit the website: http://forscenter.ch/en/our-surveys/swiss-household-panel/datasupport/telecharger-les-donnees/ It requires a registration, but it is free of charge. 2. The provided do files execute the following tasks: - read the original SHP data, - keep the neccesary variables and merge the files, - transform the variables in the form suitable for analysis, - run the estimates, - generate the tables and the figures presented in the paper. 3. Start with the MainAnalysis.do file. It contains references to all other Stata do-files, explains what the do-files do, and lists the input and output files. 4. Note that at the beginning of MainAnalysis.do you need to define (as global macros) the folders where: - the original data (i.e. those downloaded from the FORS website) are stored, - the intermediate results should be stored AND WHERE ALL THE DO-FILES ARE LOCATED, - the outputs of analysis should be stored. All do-files refer to these globals, so make sure that you update these paths and execute the relevant code each time you run any of the do files.