Risk attitude and wage growth: replicating Shaw (1996)

We replicate Shaw (J Labor Econ 14(4):626–653, <CitationRef CitationID="CR20">1996</CitationRef>) 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. Copyright The Author(s) 2013

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Year of publication:	2013
Authors:	Budria, Santi ; Diaz-Serrano, Luis ; Ferrer-i-Carbonell, Ada ; Hartog, Joop
Published in:	Empirical Economics. - Department of Economics and Finance Research and Teaching. - Vol. 44.2013, 2, p. 981-1004
Publisher:	Department of Economics and Finance Research and Teaching
Subject:	Wage growth \| Risk \| Post-school investment

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010994396