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

Markus Pannenberg

Economics Letters, 2010, vol. 106, issue 3, 223-226

Abstract: This paper studies risk attitudes of unemployed job seekers and their relationship to self-reported reservation wages. We find that risk aversion is prevalent, and that reservation wages decrease slightly over time. Furthermore, risk aversion and reservation wages are negatively correlated.

Keywords: Risk; attitudes; Reservation; wages; Job; search; Panel; data (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (40)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:106:y:2010:i:3:p:223-226

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