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- W1567222067 abstract "In this paper we use a direct measure of individual risk-aversion to examine the relationship between risk-aversion and unemployment. The traditional search model predicts that more risk-averse individuals have lower reservation wages and thus are less likely to be observed in unemployment. Our findings, however, do not support this prediction: on the contrary our data suggest that more risk-averse individuals are more likely to be unemployed." @default.
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- W1567222067 date "2004-07-01" @default.
- W1567222067 modified "2023-10-18" @default.
- W1567222067 title "The Relationship between Unemployment and Risk-Aversion" @default.
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