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    Is thre a Risk-Return Trade-off accross Occupations? Evidence from Spain


    Diaz-Serrano, Luis and Hartog, Joop (2004) Is thre a Risk-Return Trade-off accross Occupations? Evidence from Spain. UNSPECIFIED. (Unpublished)

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    Abstract

    We use data from Spain to test for an effect of earnings risk and skewness on individual wages. We carry out seperate estimation for men, women, public and private sector employees. In accordance with previous evidence for the US we ahow the existence of a risk-return trade-off across occupations in the Spanish labour market. These results are in conformity with preferences of risk-averse individuals with dcreasing absolute risk aversion.

    Item Type: Other
    Additional Information: Department of Economics Working Paper seriesN144/10/04
    Keywords: Risk-aversion, skewness affecton, occupational choices, compensating wage differentials.
    Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
    Item ID: 149
    Depositing User: Ms Sandra Doherty
    Date Deposited: 19 Oct 2004
    Refereed: No
    URI:

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