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Title: | Is There a Risk-Return Trade-Off across Occupations? : Evidence from Spain |
Keywords: | D8 J3 ddc:330 risk-aversion skewness affection occupational choices compensating wage differentials Lohnstruktur Beruf Risikoaversion Schätzung Spanien |
Issue Date: | 16-Oct-2013 |
Publisher: | |
Description: | We use data from Spain to test for an effect of earnings risk and skewness on individual wages. We carry out separate estimation for men, women, public and private sector employees. In accordance with previous evidence for the US we show the existence of a riskreturn trade-off across occupations in the Spanish labour market. These results are in conformity with preferences of risk-averse individuals with decreasing absolute risk aversion. |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20626 |
Other Identifiers: | http://hdl.handle.net/10419/20626 ppn:475286332 |
Appears in Collections: | EconStor |
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