Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets …

in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …

We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

-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 …

-reported importance of religion and on the risk of youths having early sexual intercourse, drinking underage, trying cigarettes, trying … Probability Weighted Regression Adjustment estimation methods – which provide causal estimates conditional on selection on …

-Economic Panel (GSOEP) within individually perceived hazards of work accidents as a risk variable, evidence for compensating wage …

We study workers' idiosyncratic earnings risk over the life-cycle using a German administrative data set. Positive and … incomplete markets model. Moreover, age-varying risk implies a linear increase in consumption inequality late in working life …

We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply … a life-cycle model with search frictions, we show that the estimated changes in risk can account for 85 percent of the … increase in within group wage inequality. The welfare costs of rising risk are small …

these dynamics, we use the relative tail dependence by means of the spillover index of Diebold and Yilmaz (2009, 2012 …