DP5587 Native-Migrant Differences in Risk Attitudes
|Author(s):||Holger Bonin, Amelie Constant, Konstantinos Tatsiramos, Klaus F Zimmermann|
|Publication Date:||March 2006|
|Keyword(s):||ethnicity, gender differences, native-migrant differences, risk attitudes, second-generation effects|
|JEL(s):||D1, D81, F22, J15, J16, J31, J62, J82|
|Programme Areas:||Labour Economics|
|Link to this Page:||www.cepr.org/active/publications/discussion_papers/dp.php?dpno=5587|
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.