Díaz-Serrano, Luis; Hartog, Joop - In: Investigaciones Economicas 30 (2006) 2, pp. 353-380
We use data from Spain to test for an effect of earnings variance and skewness on individual wages. We carry out separate estimations for men and women. In accordance with the scant previous evidence mainly focused on the US, we report the existence of a risk-return trade-off across educational...