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Risk Attitudes and Migration

Mehtap Akgüc (), Xingfei Liu, Max Tani and Klaus Zimmermann ()
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Mehtap Akgüc: 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: J61 D81 (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 (2) Track citations by RSS feed

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

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