Is there a risk-return trade-off across occupations?
Subtitle: evidence from Spain
By: by Luis Diaz-Serrano, Joop Hartog.
Contributors: Hartog, Joop.
Series: Discussion paper ;; no. 1355; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1355
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Wages -- Effect of education on -- Spain -- Statistics.; Occupations -- Spain.; Labor market -- Spain.
Genres: Statistics.
Description: "We use data from Spain to test for an effect of earnings risk and skewness on individual wages. We carry out separate estimation for men, women, public and private sector employees. In accordance with previous evidence for the US we show the existence of a riskreturn trade-off across occupations in the Spanish labour market. These results are in conformity with preferences of risk-averse individuals with decreasing absolute risk aversion"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.