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-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …
Persistent link: https://www.econbiz.de/10010282144
We investigate the causal effect of financial literacy on financial assets, exploiting banks information policies for identification. In Italy, banks who belong to the PattiChiari consortium have implemented policies aimed at increasing transparency and procedural simplification. These policies...
Persistent link: https://www.econbiz.de/10010289931
This paper examines changes in the wage structure in urban India during the past two decades (1983-2004) across the … increasing effects of tertiary education suggests that wage inequality in urban India may increase further in the near future as …
Persistent link: https://www.econbiz.de/10010269103
rural India across the entire welfare distribution. The paper establishes that the disadvantage suffered by two historically … the SC and the ST households must remain a focus of attention besides promoting a more active labor market in rural India. …
Persistent link: https://www.econbiz.de/10010330097
India is a country characterized by a huge informal sector. At the same time, it is a country where the extent of …
Persistent link: https://www.econbiz.de/10010278797
Son preference in countries like India results in higher female infant mortality rates and differentially lower access …
Persistent link: https://www.econbiz.de/10010290009
Many policy makers and economists argue that financial literacy is key to financial well-being. But why do many individuals remain financially illiterate despite the apparent importance of being financially informed? This paper presents results of a field study linking individual decisions to...
Persistent link: https://www.econbiz.de/10010276778
individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions … ask for the reservation price of a hypothetical lottery and self-assessment of risk attitude on a 0-10 scale. We confirm … familiar findings: risk aversion dominates, women are more risk averse than men, risk aversion decreases with increasing …
Persistent link: https://www.econbiz.de/10010269679
Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability … prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10010277023
controlling for differential risk attitudes. Our empirical investigation is based on a dataset drawn from the 1989-2006 Bank of …
Persistent link: https://www.econbiz.de/10010268972