Add to ORKGWe examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect crucially depends on the income risk. The interaction effect between both risk measures is negative. Using administrative panel data from Germany we confirm the theoretically predicted signs for both risks and their interaction effect
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore disti...
We examine the impact of lay-off risks on wages. Portfolio as well as search theoretic modelling pre...
This paper re-examines the comparative statics effects of increases in both the lump-sum and proport...
As a new approach we study individual wage compensations due to income risks measured by the varianc...
We use data from Germany, The Netherlands, Portugal and Spain to test for the effect of earnings var...
Assessing the importance of uninsurable wage risk for individual financial choices faces two challen...
This paper decomposes the sources of risk to income that individuals face over their lifetimes. We d...
Workers in less secure jobs are often paid less than identical-looking workers in more secure jobs. ...
We specify a structural life-cycle model of consumption, labour supply and job mobility in an econom...
We specify a structural life-cycle model of consumption, labour supply and job mobility in an econom...
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income sh...
Workers in less secure jobs are often paid less than identical-looking workers in more secure jobs. ...
We use two large data sets to estimate the Risk Augmented Mincer equation and test for risk compensa...
Is risk priced in the labor market? We document a strong, robust, and positive correlation between a...
This paper analyses the effects of unemployment insurance (UI) in a model with two sectors where one...
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore disti...
We examine the impact of lay-off risks on wages. Portfolio as well as search theoretic modelling pre...
This paper re-examines the comparative statics effects of increases in both the lump-sum and proport...
As a new approach we study individual wage compensations due to income risks measured by the varianc...
We use data from Germany, The Netherlands, Portugal and Spain to test for the effect of earnings var...
Assessing the importance of uninsurable wage risk for individual financial choices faces two challen...
This paper decomposes the sources of risk to income that individuals face over their lifetimes. We d...
Workers in less secure jobs are often paid less than identical-looking workers in more secure jobs. ...
We specify a structural life-cycle model of consumption, labour supply and job mobility in an econom...
We specify a structural life-cycle model of consumption, labour supply and job mobility in an econom...
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income sh...
Workers in less secure jobs are often paid less than identical-looking workers in more secure jobs. ...
We use two large data sets to estimate the Risk Augmented Mincer equation and test for risk compensa...
Is risk priced in the labor market? We document a strong, robust, and positive correlation between a...
This paper analyses the effects of unemployment insurance (UI) in a model with two sectors where one...
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore disti...
We examine the impact of lay-off risks on wages. Portfolio as well as search theoretic modelling pre...
This paper re-examines the comparative statics effects of increases in both the lump-sum and proport...