larger share of equity in their investment portfolio. This relation holds when we control for economic preferences and … this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …

Risk-taking behavior is highly correlated between parents and their children; however, little is known about the extent … stronger influence on risk-taking by children, and the evidence of a relationship between stock-holding of biological parents … and their adoptive children becomes very weak. We find similar results when we study the share of financial wealth that is …

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 … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …

capital returns using a performance measure and by using tests for mean-variance spanning. A risk-return trade-off is revealed …

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …

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 …

In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension …

Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk … return to education and the risk involved in this investment. It seems that most of the countries fit the pattern well …: higher risk - higher return. …

in the German firm, as wage regressions show. The results are discussed in comparison to prior studies. …