Arbeitspapier
Risk Attitudes and Wage Growth: Replication and Reconstruction
We replicate Shaw (1996) who found that individual wage growth is higher for individuals with greater preference for risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed support for the earlier results. We present and estimate a new model and find that in particular the wage level is sensitive to attitudes towards risk taking.
- Language
-
Englisch
- Bibliographic citation
-
Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 192
- Classification
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Wages, Compensation, and Labor Costs: General
- Subject
-
wage growth
risk
post-school investment
- Event
-
Geistige Schöpfung
- (who)
-
Budria, Santi
Diaz-Serrano, Luis
Ferrer-i-Carbonell, Ada
Hartog, Joop
- Event
-
Veröffentlichung
- (who)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
-
Berlin
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Budria, Santi
- Diaz-Serrano, Luis
- Ferrer-i-Carbonell, Ada
- Hartog, Joop
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2009
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