Wage Compensations Due to Risk Aversion and Skewness Affection: German Evidence

Arbeitspapier

As a new approach we study individual wage compensations due to income risksmeasured by the variance and skewness of the wage distributions in different occupational groups. Using German administrative panel data and estimating a fixed effects model we confirm the expected positive effect of the variance and the negative effect ofthe skewness on individual wages.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ifo Working Paper ; No. 145

Classification and Topics

• Classification: Wirtschaft ; Wages, Compensation, and Labor Costs: General ; Wage Level and Structure; Wage Differentials
• Subject: Wage compensation ; income risk ; Lohnstruktur ; Beruf ; Einkommen ; Risikoaversion ; Schätzung ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Nagl, Wolfgang
• Event: Veröffentlichung
• (who): ifo Institute - Leibniz Institute for Economic Research at the University of Munich
• (where): Munich
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/73851
• Last update: 10.03.2025, 11:41 AM CET