Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of …-occupancy propensities is driven by risk aversion, as it is assumed in most of the theoretical models, or on the contrary it is driven by … Italian Survey of Household Income and Wealth carried out by the Bank of Italy. Our results confirm that in Italy both labor …

In this paper we investigate the effect of labour income uncertainty on the probability of homeownership in Germany and … that highlights the pivotal role of risk attitudes in the housing tenure decisions that also allow us to introduce the … preference for renting while those located in a positively skewed income distribution show a greater propensity for homeownership …

correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts …, employer change, quits, training, wages, and job satisfaction). …

A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …

sizable effect of risk on accumulation and pronounced interactions between wealth and risk. The presented evidence is …

We use a unique firm-level data set merging administrative information on average wages paid by firms by skill level … show that in Italy, like in the US, firms located in geographical areas with a higher stock of human capital pay higher … wages. This evidence is robust to many variants of the econometric specification and to addressing potential endogeneity …

We use two large Dutch datasets 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 … educations but obtain identical risk compensation. Among recent graduates, women receive higher risk compensation than men …

variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new … wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the …

This paper examines the links between gender differences in attitudes towards economic risk and the gender pay gap …. Consistent with the literature on the socio-economic determinants of attitudes towards economic risk, it shows that females are … much more risk averse than males. It then extends this research to show that workers with more favorable attitudes towards …

In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate … following an (exogenous) increase in homeownership rates. We show that (1) Oswald's hypothesis does not always hold as it … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …