Risk attitude and wage growth: Replicating Shaw (1996)

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Authors
Publication date 04-2013
Journal Empirical Economics
Volume | Issue number 44 | 2
Pages (from-to) 981-1004
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract We replicate Shaw (J Labor Econ 14(4):626-653, 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 evidence that risk attitudes are relevant but support is mixed at best for the original specifications.
Document type Article
Note With supplementary material
Language English
Published at https://doi.org/10.1007/s00181-012-0549-5
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