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evidence for compensating wage differentials in Germany so far. Estimating wage regressions with data of the German Socio …-Economic Panel (GSOEP) within individually perceived hazards of work accidents as a risk variable, evidence for compensating wage … differentials in Germany is found even though other effects may partly weaken the existing wage premiums due to risks at work. …
Persistent link: https://www.econbiz.de/10011339080
Persistent link: https://www.econbiz.de/10001906832
, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First … determining the cyclical properties of labor market risk. -- Life-cycle risk ; uncertainty fluctuations ; business cycle …
Persistent link: https://www.econbiz.de/10003896465
There is a large body of literature analyzing the relationship between objective economic conditions and voting behavior, but there is very little evidence of how perceived economic insecurity impacts on political preferences. Using seventeen years of household panel data from the German...
Persistent link: https://www.econbiz.de/10009665560
-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated … with the wage dispersion of an individual's occupation. -- dispersion estimation ; earnings risk ; censoring ; quantile …
Persistent link: https://www.econbiz.de/10009534948
This paper reconsiders the wide agreement that females are more risk averse than males providing a leap forward in its …
Persistent link: https://www.econbiz.de/10010356680
western Germany is still not fully closed. Admittedly, this could not realistically have been expected. Despite the increase … in life satisfaction in eastern Germany, the east-west divide prevails. Evidence of this can be found in the latest data …, which was conducted for the first time in eastern Germany in 1990—shortly before economic, currency, and social union. Other …
Persistent link: https://www.econbiz.de/10010403443
This paper investigates whether risk preferences explain how individuals are sorted into occupations with different … willingness to take risks whose behavioral relevance has been validated in previous work. As a measure of earnings risk, we use … relating earnings risk to the measure of individual risk preference, our evidence shows that individuals with low willingness …
Persistent link: https://www.econbiz.de/10003253467
This paper provides evidence that subjective measures of individual well being can be used to study the impact of income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study: Satisfaction with household income and the income evaluation...
Persistent link: https://www.econbiz.de/10003759346
In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … role that human capital plays in this relationship using a rich, worker-level, longitudinal data set from Germany spanning … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry …
Persistent link: https://www.econbiz.de/10012800579