), infrastructure indicators (telephone density, electricity consumption), telecommunications pricing measures, and regulatory quality …. With the exception of trade openness and the telecom pricing measures, these variables enter in as statistically …

'returns-based beliefs' approach: the expected returns of a particular strategy in proportion to the total expected returns of …

-care infrastructure concerning children, which either fosters or restricts a sustainable risk management between family and work in the …

stereotype of risk averse and less competitive older employees. …

Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … vocational high school. Accounting for risk does little to change this picture. By contrast, vocational high school is associated …

This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more … the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch … university graduates provides evidence which supports this contention. It thereby raises the possibility that even risk …