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Income comparisons and non-cognitive skills
Budría, Santiago; Ferrer-i-Carbonell, Ada - 2012
People gain utility from occupying a higher ranked position in the income distribution of the reference group. This …, extraversion. The heterogeneity on the importance of income comparisons needs to be taken into account when, for example …
Persistent link: https://www.econbiz.de/10010282228
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Income comparisons and non-cognitive skills
Budria, Santi; Ferrer-i-Carbonell, Ada - 2012
People gain utility from occupying a higher ranked position in the income distribution of the reference group. This …, extraversion. The heterogeneity on the importance of income comparisons needs to be taken into account when, for example …
Persistent link: https://www.econbiz.de/10010286913
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Risk attitude and wage growth: replication and reconstruction
Budría, Santiago; Diaz-Serrano, Luis; … - 2009
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...
Persistent link: https://www.econbiz.de/10010271888