-occupancy propensities is driven by risk aversion, as it is assumed in most of the theoretical models, or on the contrary it is driven by … driven by households? risk aversion, while credit constraints play no role. …

sizable effect of risk on accumulation and pronounced interactions between wealth and risk. The presented evidence is …

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred … homogeneous with respect to the degree of risk aversion. We allow endogenous schooling attainments to affect the level of risk … experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk …

correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts …

In an open-shop model of trade union membership with heterogeneity in risk attitudes, a worker's relative risk aversion … can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining … outcomes. Using German panel data (GSOEP) and three novel direct measures of individual risk aversion, we find evidence of a …

student questionnaires to analyse the relationship between risk aversion and the choice for public sector employment. Main … results are: (1) more risk averse individuals sort into public sector employment, (2) the impact of career specific and … unemployment risk attitudes is larger than the impact of general risk attitudes, and (3) risk taking is rewarded with higher wages …

We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet … the Internet experiment, and average risk aversion is also lower. Considering the student-like subsample of the Internet … make fewer errors, but do not lead to biased conclusions on risk preferences. These findings point at the usefulness of the …