Arbeitspapier
Risk Aversion, Time Preference and Cross-border Commuting and Migration Intentions
This paper analyses the effect of individual risk aversion and time preference on cross-border commuting and migration intentions. Both the theoretical and empirical results show that the probability of being willing to migrate decreases with risk aversion, the rate of time preference, and the maximum number of periods an individual can work abroad. The probability of being willing to commute also decreases with risk aversion, but at a smaller rate compared to the willingness to migrate, while it is (largely) unaffected by intertemporal consumption preferences. The analysis helps to shed more light on the role of time preference and risk aversion as determinants of mobility decisions, which is especially important for integrating regions where both migration and commuting are possible, as in the enlarged European Union.
- Sprache
-
Englisch
- Erschienen in
-
Series: WIFO Working Papers ; No. 379
- Klassifikation
-
Wirtschaft
- Thema
-
Internationale Migration
Motivation
Risikoaversion
Intertemporale Entscheidung
Diskontierung
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Nowotny, Klaus
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Institute of Economic Research (WIFO)
- (wo)
-
Vienna
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Nowotny, Klaus
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2010
Ähnliche Objekte (12)
Cross-border commuting and migration intentions: the roles of risk aversion and time preference
Preference for randomization: Ambiguity aversion and inequality aversion
Risk aversion under preference uncertainty
Risk Aversion under Preference Uncertainty
Risk aversion under preference uncertainty
Uncertainty aversion and preference for randomization
Preference for randomization and ambiguity aversion
Cross-border commuting and consuming: an empirical investigation
State Tax Differentials, Cross-Border Commuting, and Commuting Times in Multi-State Metropolitan Areas
Characterizing Uncertainty Aversion Through Preference for Mixtures
Pricing sin stocks : ethical preference vs. risk aversion
Pricing sin stocks: Ethical preference vs. risk aversion
Cross-border commuting and migration intentions: the roles of risk aversion and time preference
Preference for randomization: Ambiguity aversion and inequality aversion
Risk aversion under preference uncertainty
Risk Aversion under Preference Uncertainty
Risk aversion under preference uncertainty
Uncertainty aversion and preference for randomization
Preference for randomization and ambiguity aversion
Cross-border commuting and consuming: an empirical investigation
State Tax Differentials, Cross-Border Commuting, and Commuting Times in Multi-State Metropolitan Areas
Characterizing Uncertainty Aversion Through Preference for Mixtures
Pricing sin stocks : ethical preference vs. risk aversion
Pricing sin stocks: Ethical preference vs. risk aversion
Cross-border commuting and migration intentions: the roles of risk aversion and time preference
Preference for randomization: Ambiguity aversion and inequality aversion
Risk aversion under preference uncertainty
Risk Aversion under Preference Uncertainty
Risk aversion under preference uncertainty
Uncertainty aversion and preference for randomization
Preference for randomization and ambiguity aversion
Cross-border commuting and consuming: an empirical investigation
State Tax Differentials, Cross-Border Commuting, and Commuting Times in Multi-State Metropolitan Areas
Characterizing Uncertainty Aversion Through Preference for Mixtures
Pricing sin stocks : ethical preference vs. risk aversion