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We relate risk attitudes and patience of young graduates from high-school, college and university, measured around the …
Persistent link: https://www.econbiz.de/10010959744
We relate risk attitudes and patience of young graduates from high-school, college and university, measured around the …
Persistent link: https://www.econbiz.de/10010930949
We present a semiparametric method to estimate group-level dispersion, which is particularly effective in the presence of censored data. We apply this procedure to obtain measures of occupation-specific wage dispersion using top-coded administrative wage data from the German IAB Employment...
Persistent link: https://www.econbiz.de/10011279338
This paper investigates whether risk preferences explain how individuals are sorted into occupations with different earnings variability. We exploit data from the German Socio- Economic Panel, which contains a subjective assessment of willingness to take risks whose behavioral relevance has been...
Persistent link: https://www.econbiz.de/10005763618
We present a semiparametric method to estimate group-level dispersion, which is particularly effective in the presence of censored data. We apply this procedure to obtain measures of occupation-specific wage dispersion using top-coded administrative wage data from the German IAB Employment...
Persistent link: https://www.econbiz.de/10010896235
We relate risk attitudes and patience of young graduates from high-school, collegeand university, measured around the …
Persistent link: https://www.econbiz.de/10011004604
We relate risk attitudes and patience of young graduates from high-school, college and university, measured around the …
Persistent link: https://www.econbiz.de/10011004609
) compared to the fixed payment scheme. Second, this difference is largely driven by productivity sorting. On average, the more … of multi-dimensional sorting, i.e., the tendency for different incentive schemes to systematically attract people with …
Persistent link: https://www.econbiz.de/10005703774
Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … characteristics, such as ability. Using data on German male graduates we show that unobserved heterogeneity indeed matters for … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it …
Persistent link: https://www.econbiz.de/10010957739
The theory of compensating differentials has proven difficult to test with observational data: the consequences of selection, unobserved firm and worker characteristics, and the broader macroeconomic environment complicate most analyses. Instead, we construct experimental, real-effort labor...
Persistent link: https://www.econbiz.de/10011163479