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A Note on Risk Aversion and Labour Market Outcomes: Further Evidence from German Survey Data Author info | Abstract | Publisher info | Download info | Related research | Statistics Pfeifer, Christian () (University of Hannover)
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Using the large-scale German Socio-Economic Panel, this note reports direct empirical evidence for significant correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts, employer change, quits, training, wages, and job satisfaction).
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
3523.
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Length: 13 pages
Date of creation: May 2008Date of revision:
Handle: RePEc:iza:izadps:dp3523Contact details of provider: Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany Phone: +49 228 3894 223 Fax: +49 228 3894 180 Web page: http://www.iza.org
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Keywords: employment ; job search ; human capital ; risk aversion ; wages ; Other versions of this item:
Find related papers by JEL classification: J01 - Labor and Demographic Economics - - General - - - Labor Economics: General J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Markus Pannenberg, 2007.
"Risk Aversion and Reservation Wages ,"
SOEPpapers
23, DIW Berlin, The German Socio-Economic Panel (SOEP).
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Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2005.
"Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey ,"
IZA Discussion Papers
1730, Institute for the Study of Labor (IZA).
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Other versions:
Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2005.
"Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey ,"
Discussion Papers of DIW Berlin
511, DIW Berlin, German Institute for Economic Research.
[Downloadable!] Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Juergen Schupp & Gert Wagner, 2005.
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"Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey ,"
Framed Field Experiments
0019, The Field Experiments Website.
[Downloadable!] Dohmen, Thomas J & Falk, Armin & Huffman, David & Schupp, Jürgen & Sunde, Uwe & Wagner, Gert Georg, 2006.
"Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey ,"
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"Risk Aversion and Reservation Wages ,"
IZA Discussion Papers
2806, Institute for the Study of Labor (IZA).
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Feinberg, Robert M, 1977.
"Risk Aversion, Risk, and the Duration of Unemployment ,"
The Review of Economics and Statistics ,
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Laszlo Goerke & Markus Pannenberg, 2008.
"Risk Aversion and Trade Union Membership ,"
Discussion Papers of DIW Berlin
770, DIW Berlin, German Institute for Economic Research.
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Other versions: Levhari, David & Weiss, Yoram, 1974.
"The Effect of Risk on the Investment in Human Capital ,"
American Economic Review ,
American Economic Association, vol. 64(6), pages 950-63, December.
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Pfeifer, Christian, 2008.
"Risk Aversion and Sorting into Public Sector Employment ,"
IZA Discussion Papers
3503, Institute for the Study of Labor (IZA).
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Thomas Cornelißen & John S. Heywood & Uwe Jirjahn, 2008.
"Performance Pay, Risk Attitudes and Job Satisfaction ,"
SOEPpapers
136, DIW Berlin, The German Socio-Economic Panel (SOEP).
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Christian Grund & Dirk Sliwka, 2006.
"Performance Pay and Risk Aversion ,"
IZA Discussion Papers
2012, Institute for the Study of Labor (IZA).
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Other versions:
Christian Grund & Dirk Sliwka, 2006.
"Performance Pay and Risk Aversion ,"
Discussion Papers
101, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
[Downloadable!] Simon Luechinger & Alois Stutzer & Rainer Winkelmann, 2007.
"The Happiness Gains from Sorting and Matching in the Labor Market ,"
SOEPpapers
45, DIW Berlin, The German Socio-Economic Panel (SOEP).
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Other versions: Pissarides, Christopher A, 1974.
"Risk, Job Search, and Income Distribution ,"
Journal of Political Economy ,
University of Chicago Press, vol. 82(6), pages 1255-67, Nov.-Dec..
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