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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 …
Persistent link: https://www.econbiz.de/10012915178
This paper uses annual data drawn from the GSOEP to estimate individual earnings risk (labor market risk) in Germany … been rising in West Germany in the 1990s and have remained at elevated levels in the 2000s. In contrast, labor market risk … of the observed rise in the permanent component of earnings risk in West Germany are substantial. We argue that the time …
Persistent link: https://www.econbiz.de/10012993952
In this paper, we use 12 waves of the German Socio-Economic Panel to examine the relationship between job insecurity, 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,...
Persistent link: https://www.econbiz.de/10013046671
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10013236401
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/10013321215
This paper argues that the level of financial services provision determines the risk management strategies among the … increases with rising self perception towards risk. Further, we find that it depends highly on the type of risk, if a household …
Persistent link: https://www.econbiz.de/10013138260
chairman and share of women in the boardroom) and firm's risk attitudes measured as variability in four firm outcome variables … than 50 employees, we find extensive evidence of a negative association between female CEO and firm's risk attitudes. This … risk aversion profile and put more effort in monitoring firm activities than men in the financial matter domains. A number …
Persistent link: https://www.econbiz.de/10013075784
exposure to risk. In this paper, we test whether overconfident people underestimate the probability of incurring an avalanche … under different levels of avalanche risk, we measured individual cognitive traits and then used a random effect logit model … overestimate their knowledge are also more likely to take the risk associated with a ski trip exposed to avalanche danger. This …
Persistent link: https://www.econbiz.de/10013023389
entry requirements so as to reduce their risk of not being admitted to any programme. We also find that females favour field … differences in risk management are concentrated amongst high achieving students …
Persistent link: https://www.econbiz.de/10013314733
prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors …
Persistent link: https://www.econbiz.de/10013317671