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Risk Attitudes and Migration

Mehtap Akgüç (), Xingfei Liu, Max Tani and Klaus Zimmermann ()
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Mehtap Akgüç: European Trade Union Institute (ETUI)

No 9347, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: To contribute to a scarce literature, in particular for developing and emerging economies, we study the nature of measured risk attitudes and their consequences for migration. We also investigate whether substantial changes in the risk environment influences risk tolerance. Using the 2009 RUMiC data for China, we find that rural-urban migrants and their family members are substantially less risk-averse than stayers. We further provide evidence that individual risk attitudes are unaffected by substantial changes in the environment and that risk tolerance is correlated across generations.

Keywords: risk aversion; risk attitudes; migration; China (search for similar items in EconPapers)
JEL-codes: D81 J61 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2015-09
New Economics Papers: this item is included in nep-cna, nep-mig, nep-tra and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Published - published in: China Economic Review, 2016, 37, 166 - 176

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Journal Article: Risk attitudes and migration (2016) Downloads
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