parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample … anticipate that the market provides compensation for risk, as has been established with Risk Augmented Mincer earnings equations …

frictions that allows us to distinguish between different sources of risk and to estimate their effects. The sources of risk are …. Estimates of productivity risk, once we control for employment risk and for individual labour supply choices, are substantially … lower than estimates that attribute all wage variation to productivity risk. Increases in productivity risk impose a …

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … determining the cyclical properties of labor market risk. -- Life-cycle risk ; uncertainty fluctuations ; business cycle …

policy relevant outcomes and policy effects, that of the wage premia for fatal injury risk. Estimates of the overall hedonic …

in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …