Artikel
Risk attitudes and migration decisions
This paper analyzes the relationship between individuals' attitudes towards risk and their decision to migrate. We consider migration in the United States across metropolitan statistical areas (MSAs) between 1997 and 2015, based on data from the Panel Study of Income Dynamics (PSID). Using random-effects specifications, we find that being relatively more willing to take risks is positively and significantly related to cross-MSA migration. For cross-state migration and migration across larger distances, risk attitudes are slightly more important. A recursive bivariate probit model of simultaneous equations addresses the potential endogenous nature of attitudes towards risk and allows ruling out reverse causality.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Regional Science ; ISSN: 1467-9787 ; Volume: 61 ; Year: 2021 ; Issue: 3 ; Pages: 649-684 ; Hoboken, NJ: Wiley
- Classification
-
Politik
- Subject
-
interregional migration
metropolitan statistical areas (MSAs)
Panel Study of Income Dynamics (PSID)
risk attitudes
self‐selection
- Event
-
Geistige Schöpfung
- (who)
-
Roca Paz, Roberto
Uebelmesser, Silke
- Event
-
Veröffentlichung
- (who)
-
Wiley
- (where)
-
Hoboken, NJ
- (when)
-
2021
- DOI
-
doi:10.1111/jors.12530
- Handle
- Last update
-
10.03.2025, 11:44 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
- Artikel
Associated
- Roca Paz, Roberto
- Uebelmesser, Silke
- Wiley
Time of origin
- 2021
Other Objects (12)
Risk attitudes and migration decisions
Brexit, uncertainty, and migration decisions
Risk Attitudes and Household Migration Decisions
Risk Attitudes and Household Migration Decisions
Attitudes to toxicology in the European Economic Community
Are Risk Attitudes and Time Preferences Crucial Factors for Crop Diversification by Smallholder Farmers?
Explaining Unfavorable Attitudes Toward Religious Out-Groups Among Three Major Religions
Risk and risk management of spillover effects: Evidence from the literature
The Social Planning Problem with Costly Information Processing: Towards Understanding Production Decisions in Centralized Economies
Order in multi‐attribute product choice decisions: Evidence from discrete choice experiments combined with eye tracking
Raising Awareness About the Risk of Irregular Migration: Quasi‐Experimental Evidence from Guinea
Credit risk in derivative securities: A simplified approach
Risk attitudes and migration decisions
Brexit, uncertainty, and migration decisions
Risk Attitudes and Household Migration Decisions
Risk Attitudes and Household Migration Decisions
Attitudes to toxicology in the European Economic Community
Are Risk Attitudes and Time Preferences Crucial Factors for Crop Diversification by Smallholder Farmers?
Explaining Unfavorable Attitudes Toward Religious Out-Groups Among Three Major Religions
Risk and risk management of spillover effects: Evidence from the literature
The Social Planning Problem with Costly Information Processing: Towards Understanding Production Decisions in Centralized Economies
Order in multi‐attribute product choice decisions: Evidence from discrete choice experiments combined with eye tracking
Raising Awareness About the Risk of Irregular Migration: Quasi‐Experimental Evidence from Guinea
Credit risk in derivative securities: A simplified approach
Risk attitudes and migration decisions
Brexit, uncertainty, and migration decisions
Risk Attitudes and Household Migration Decisions
Risk Attitudes and Household Migration Decisions
Attitudes to toxicology in the European Economic Community
Are Risk Attitudes and Time Preferences Crucial Factors for Crop Diversification by Smallholder Farmers?
Explaining Unfavorable Attitudes Toward Religious Out-Groups Among Three Major Religions
Risk and risk management of spillover effects: Evidence from the literature
The Social Planning Problem with Costly Information Processing: Towards Understanding Production Decisions in Centralized Economies
Order in multi‐attribute product choice decisions: Evidence from discrete choice experiments combined with eye tracking
Raising Awareness About the Risk of Irregular Migration: Quasi‐Experimental Evidence from Guinea