the changing role of the risk-mitigating social policies looking through the theoretical lenses of the risk society. The … state shifts towards promotion of individual responsibility for risk management. The welfare state policies can produce …, while the traditional mutual support among the household members still plays a major role in the risk management process. …

virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …