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alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …
Persistent link: https://www.econbiz.de/10011628826
alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …
Persistent link: https://www.econbiz.de/10010295833
alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …
Persistent link: https://www.econbiz.de/10011600667
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …
Persistent link: https://www.econbiz.de/10011600883
of income uncertainty. In addition to the usual controls, risk aversion is also taken into account. When using net … in Germany. Not controlling for risk aversion leads to an overestimation of precautionary wealth. This result contradicts … the findings of Fuchs-Schündeln and Schündeln (2005) who suggest that, owing to self-selection, not controlling for risk …
Persistent link: https://www.econbiz.de/10014609180
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …
Persistent link: https://www.econbiz.de/10010271125
Various studies have interpreted a positive correlation between income risk and wealth as evidence for large …. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that this is not due to precautionary … accounts for endogeneity of entrepreneurial choice and heterogeneous risk attitudes. …
Persistent link: https://www.econbiz.de/10010273869
alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …
Persistent link: https://www.econbiz.de/10005083262
alternative measures of income uncertainty in a cross-section of households. In addition to the usual controls, risk aversion is …
Persistent link: https://www.econbiz.de/10005017412
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …
Persistent link: https://www.econbiz.de/10005026828