Risk compensation in wages - a replication

Authors	J. Hartog E. Plug L. Diaz Serrano J. Vieira
Publication date	2003
Journal	Empirical Economics
Volume | Issue number	28 | 3
Pages (from-to)	639-647
Organisations	Faculty of Law (FdR) - Amsterdam Institute for Advanced Labour Studies (AIAS) Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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.
Document type	Article
Language	English
Published at	https://doi.org/10.1007/s001810200150
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