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Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
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Using census data for 1996, 2001 and 2007 we study the labor market effect of immigration to South Africa. The paper … of natives to other districts as a consequence of migration, as in Borjas (2006). -- immigration ; labor market effects …
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