Bonin, Holger; Constant, Amelie; Tatsiramos, Konstantinos; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006
This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.