Berkhout, Peter; Hartog, Joop; Webbink, Dinand - In: Southern Economic Journal (2010) 3, pp. 762-790
We use two large data sets to estimate the Risk Augmented Mincer equation and test for risk compensation in expected earnings. We replicate earlier findings of a positive premium for risk and a negative premium for skew and add confirmation of the key results if we control for individual...