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We present a sorting model in which workers with greater ability and greater risk tolerance move into performance pay … confirm testable implications drawn from our sorting model. First, prior to controlling for earnings, workers in performance …. While these findings support the sorting model, they would not be suggested by the classic agency model. …
Persistent link: https://www.econbiz.de/10011633499
This study investigates whether the willingness to take income risks revealed by occupational choice is transmitted from parents to their children. Using data from the German Socio-Economic Panel (SOEP), we find that fathers' riskiness of job is a significant determinant of children's...
Persistent link: https://www.econbiz.de/10011601054
, among whom GED recipients earn less than high school graduates but significantly more than dropouts. The effects for natives …
Persistent link: https://www.econbiz.de/10011411097
, among whom GED recipients earn less than high school graduates but significantly more than dropouts. The effects for natives …
Persistent link: https://www.econbiz.de/10013320566
Persistent link: https://www.econbiz.de/10001675922
Using microdata on the 1995 cohort of Italian high school graduates, this paper studies the relationship between the …
Persistent link: https://www.econbiz.de/10013319447
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates....
Persistent link: https://www.econbiz.de/10010282545
In this paper we utilise data from a unique new birth-cohort study to see how the risk preferences of young people are affected by cognitive skills and gender. We find that cognitive ability (measured by the percentile ranking for university entrance at age 18) has no effect on risk preferences...
Persistent link: https://www.econbiz.de/10010289842
Career decisions, that is educational and occupational choice, are not only made by comparing expected incomes, but also by considering non-monetary rewards like social impact, chances of promotion, or the compatibility of work and family. In this paper, I use rich panel data from Germany to...
Persistent link: https://www.econbiz.de/10014293757
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