Direct Evidence on Risk Attitudes and Migration

David Jaeger, Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde and Holger Bonin ()

The Review of Economics and Statistics, 2010, vol. 92, issue 3, 684-689

Abstract: It has long been hypothesized that individuals' migration propensities depend on their risk attitudes, but the empirical evidence has been limited and indirect. We use newly available data from the German Socio-Economic Panel to measure directly the relationship between migration and risk attitudes. We find that individuals who are more willing to take risks are more likely to migrate. Our estimates are substantial compared to unconditional migration probabilities, as well the effects of conventional determinants of migration, and are robust to controlling for a variety of demographic characteristics. We find no evidence that our results are the result of reverse causality. © 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (280)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00020 link to full text (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Direct evidence on risk attitudes and migration (2010)
Working Paper: Direct evidence on risk attitudes and migration (2008)
Working Paper: Direct Evidence on Risk Attitudes and Migration (2007)
Working Paper: Direct Evidence on Risk Attitudes and Migration (2007)
Working Paper: Direct Evidence on Risk Attitudes and Migration (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:92:y:2010:i:3:p:684-689

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().