take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …

households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach - termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset … category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …

subjective indicators reveal differences in satisfaction with household income, health, and childcare. In contrast, job …, employability and health-related well-being. Our results indicate that being unemployed has a strong negative effect on life … satisfaction and health. They also, however, highlight the fact that this effect is most prominent among individuals over the age …

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …

excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … financial risk. We also find that families with employer stock are found to express more tolerance of financial risk, have … financial risk does not appear to represent a substantial problem in practice for most employee share owners, a small minority …

We show that people exposed to greater pension risk are less likely to invest in risky assets. We exploit a reform that … links people's future pension benefits to their pension funds' funding ratio - a measure of the fund's financial health …-making funding ratios a fund-specific measure of pension risk. The effect of pension risk is stronger for people who are better …

this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …

This short essay reviews Gary Becker's contributions and influence in health economics. It was originally prepared for …

). These variables include one's state of health, social support and participation, exercise, job satisfaction and satisfaction …

to quarterly British data on chronic health conditions for those of working age over the period 2002-2016. We find strong … and robust counter-cyclical relationships for overall chronic health, and for five broad types of health conditions …. Chronic health conditions therefore increase in poor economic times. There is considerable spatial heterogeneity across local …