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virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …
Persistent link: https://www.econbiz.de/10010352219
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 …
Persistent link: https://www.econbiz.de/10010267699
variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …
Persistent link: https://www.econbiz.de/10010268304
We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty …
Persistent link: https://www.econbiz.de/10010271303
risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed … to attitudes towards risk taking. …
Persistent link: https://www.econbiz.de/10010271888