Risk attitudes and reservation wages of unemployed workers: Evidence from panel data

被引:28
作者
Pannenberg, Markus [1 ,2 ,3 ]
机构
[1] Univ Appl Sci Bielefeld, Dept Business Adm Econ & Hlth, D-33615 Bielefeld, Germany
[2] DIW Berlin, Berlin, Germany
[3] IZA Bonn, Bonn, Germany
关键词
Risk attitudes; Reservation wages; Job search; Panel data; SEARCH;
D O I
10.1016/j.econlet.2009.12.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper studies risk attitudes of unemployed job seekers and their relationship to self-reported reservation wages. We find that Fisk aversion is prevalent, and that reservation wages decrease slightly over time. Furthermore, risk aversion and reservation wages are negatively correlated. (c) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:223 / 226
页数:4
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