deviation of wages. Following the procedure proposed by Bonin (2007), this earnings risk measure is used as dependent variable …This study analyzes the relationship of individual risk attitudes and occupational sorting with respect to occupational … earnings risk. By using the German Mikrozensus, a precise measure for earnings risk is computed as the occupation-wide standard …

We test Krugman’s (1991) notion of risk sharing in pooled labor markets as one of the micro-foundations of … pooling. Estimating wage functions we find that job turnover depresses wages at the regional and the firm level, indicating …, suggesting that agglomeration costs exceed the benefits from risk sharing. -- Marshallian Externalities ; Labor Pooling …

-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …

evidence for compensating wage differentials in Germany so far. Estimating wage regressions with data of the German Socio …-Economic Panel (GSOEP) within individually perceived hazards of work accidents as a risk variable, evidence for compensating wage … differentials in Germany is found even though other effects may partly weaken the existing wage premiums due to risks at work …

-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …