UvA- Author
- Year
- 2009
- Title
- Risk attitude and wage growth: replication and reconstruction
- Number of pages
- 62
- Publisher
- Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)
- Serie
- SOEP Papers
- Volume | Edition (Serie)
- 192
- Document type
- Report
- Faculty
- Faculty of Economics and Business (FEB)
- Institute
- Amsterdam School of Economics Research Institute (ASE-RI)
- Abstract
-
We replicate Shaw (1996) who found that individual wage growth is higher for individuals with greater preference for risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed support for the earlier results. We present and estimate a new model and find that in particular the wage level is sensitive to attitudes towards risk taking.
JEL-Classification:
J24, J30
Keywords:
wage growth, risk, post-school investment
- Link
- Link
- Language
- Undefined/Unknown
- Permalink
- http://hdl.handle.net/11245/1.319823
Disclaimer/Complaints regulations
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.