Arbeitspapier
The Relationship between Unemployment and Risk-Aversion
In this paper we use a direct measure of individual risk-aversion to examine the relationship between risk-aversion and unemployment. The traditional search model predicts that more risk-averse individuals have lower reservation wages and thus are less likely to be observed in unemployment. Our findings, however, do not support this prediction: on the contrary our data suggest that more risk-averse individuals are more likely to be unemployed.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 1214
- Klassifikation
-
Wirtschaft
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
unemployment
job-search
risk-aversion
Arbeitslosigkeit
Arbeitsuche
Risikoaversion
Schätzung
Italien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Diaz-Serrano, Luis
O'Neill, Donal
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Diaz-Serrano, Luis
- O'Neill, Donal
- Institute for the Study of Labor (IZA)
Entstanden
- 2004
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