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Risk compensation in wages – a replication

Joop Hartog, Erik Plug (), Luis Diaz-Serrano () and José Vieira

Empirical Economics, 2003, vol. 28, issue 3, 639-647

Abstract: We use data from Germany, The Netherlands, Portugal and Spain to test for the effect of earnings variation on individual earnings. We replicate estimates for the USA and find that the variance of earnings in an occupation affects individual wages positively while the skewness of earnings has a negative effect. Both results are in conformity with wage compensation for risk averse workers. Copyright Springer-Verlag Berlin Heidelberg 2003

Keywords: JEL code: J3; D8 (search for similar items in EconPapers)
JEL-codes: D8 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (49)

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DOI: 10.1007/s001810200150

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