In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes …

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 …

, 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 …

variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …

model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals …

This chapter reviews the economics literature on immigrant-native differentials in occupational risk. It begins by … advanced economies, but not all. Finally, most, but not all, immigrants appear to earn risk premiums similar to natives for …