In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension …

In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension …

explain this distinct behavior. -- Nominal wage rigidity ; efficiency wages ; manufacturing and services ; Germany …

This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a … new large German survey of direct individual risk measures to find that first-generation migrants have lower risk …

This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a … new large German survey of direct individual risk measures to find that first-generation migrants have lower risk … attitudes than natives, which only equalize in the second generation. -- risk attitudes ; ethnicity ; native-migrant differences …

This paper investigates whether risk preferences explain how individuals are sorted into occupations with different … willingness to take risks whose behavioral relevance has been validated in previous work. As a measure of earnings risk, we use … relating earnings risk to the measure of individual risk preference, our evidence shows that individuals with low willingness …