Native-Migrant Differences in Risk Attitudes

Klaus Zimmermann (), Holger Bonin (), Amelie Constant and Konstantinos Tatsiramos

No 5587, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.

Keywords: Risk attitudes; Ethnicity; Native-migrant differences; Gender differences; Second-generation effects (search for similar items in EconPapers)
JEL-codes: D1 D81 F22 J15 J16 J31 J62 J82 (search for similar items in EconPapers)
Date: 2006-03
New Economics Papers: this item is included in nep-upt
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Native-migrant differences in risk attitudes (2009)
Working Paper: Native-Migrant Differences in Risk Attitudes (2006)
Working Paper: Native-Migrant Differences in Risk Attitudes (2006)
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