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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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This paper examines whether immigrants increase the likelihood of unemployment among native-born workers in the European Union. Earlier papers measure the presence of immigrants in the local labor market by computing the share of the foreigners in specific regions. This paper, instead, utilizes...
Persistent link: https://www.econbiz.de/10001437668
This paper examines whether immigrants increase the likelihood of unemployment among native-born workers in the European Union. Earlier papers measure the presence of immigrants in the local labor market by computing the share of the foreigners in specific regions. This paper, instead, utilizes...
Persistent link: https://www.econbiz.de/10011313919
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The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …
Persistent link: https://www.econbiz.de/10011507980
Living arrangements have undergone considerable change in recent decades. In most Western countries marriage is no longer the exclusive context of family formation. In the United States (US) for instance, the number of unmarried couples nearly doubled in the 1990s, from 3:2 million couples in...
Persistent link: https://www.econbiz.de/10003461270