whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the …

This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … second moments, i.e. the variance of incomes. It provides an assessment that directly connects labor income risk and …. Permanent income risk is defined as variance of shocks to income that do not fade out over time and are assumed to be not self …

on a discrete time competing risks hazard rate model applied to comparable microdata sets. The unemployment risk is … examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … higher risk of entering unemployment whereas the risk, when unemployed, of not getting reemployed is lower than in Germany …