differences in risk aversion play no significant role in competitive (tournament) vs. piece-rate job choices and consequent gender … wage gaps. Subjects in the treatment experiments are sorted into relatively more and relatively less risk averse groupings …. Relatively less risk averse subjects are assigned to a risky job track involving a known constant probability of unemployment in …

In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry … exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …

Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on …

) we vary three payoff indices. Indices of risk and temptation capture the unilateral incentives to defect against … reduces cooperation. In neither study, nor in either subject pool of our second study, do we find a significant effect of risk …

heterogeneous income risk, liquid and illiquid assets, price adjustment costs, and in which households differ by their occupation … occupation-specific infection risk and a ZLB policy and study the impact of occupational and aggregate labor supply shocks. We …

We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply … a life-cycle model with search frictions, we show that the estimated changes in risk can account for 85 percent of the … increase in within group wage inequality. The welfare costs of rising risk are small …

We study workers' idiosyncratic earnings risk over the life-cycle using a German administrative data set. Positive and … incomplete markets model. Moreover, age-varying risk implies a linear increase in consumption inequality late in working life …

take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …