Risk compensation in wages – a replication

We use data from Germany, The Netherlands, Portugal and Spain to test for the effect of earnings variation on individual earnings. We replicate estimates for the USA and find that the variance of earnings in an occupation affects individual wages positively while the skewness of earnings has a negative effect. Both results are in conformity with wage compensation for risk averse workers. Copyright Springer-Verlag Berlin Heidelberg 2003

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Year of publication:	2003
Authors:	Hartog, Joop ; Plug, Erik ; Serrano, Luis Diaz ; Vieira, Jose
Published in:	Empirical Economics. - Department of Economics and Finance Research and Teaching. - Vol. 28.2003, 3, p. 639-647
Publisher:	Department of Economics and Finance Research and Teaching

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Extent:	text/html
Type of publication:	Article
Classification:	J3 - Wages, Compensation, and Labor Costs ; D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005184231