Showing 1 - 10 of 151
wages given up as an employee. Information on income from self-employment is of inferior quality and this is not just a … that it is not only the location of an income distribution that matters and that dispersion and (a)symmetry should not be …-employment ; wage-employment ; income distribution ; income risk ; income skew ; income variance ; occupational choice ; labor market …
Persistent link: https://www.econbiz.de/10009522492
Persistent link: https://www.econbiz.de/10009720711
We develop a simple human capital model for optimum schooling length when earnings are stochastic, and highlight the pivotal role of risk attitudes and the schooling gradient of earnings risk. We use Spanish data to document the gradient and to estimate individual response to earnings risk in...
Persistent link: https://www.econbiz.de/10011327826
the compensation paid. In particular, because the degree of risk aversion ought to decrease with income, people should … finds supportive evidence: wages rise with occupational earnings variance and decrease with skewness. In order to identify …
Persistent link: https://www.econbiz.de/10011405939
Persistent link: https://www.econbiz.de/10001672508
ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different … sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social … generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. …
Persistent link: https://www.econbiz.de/10011376647
Persistent link: https://www.econbiz.de/10003792132
Persistent link: https://www.econbiz.de/10003706555
Persistent link: https://www.econbiz.de/10002434032
Persistent link: https://www.econbiz.de/10001726767