| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7999 |
| DP7999 Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education | |
| Bent E Sørensen; Maria Jose Luengo-Prado; Dmytro Hryshko | |
| 发表日期 | 2010-09-23 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We study the determinants of individual attitudes towards risk and, in particular, why some individuals exhibit extremely high risk aversion. Using data from the Panel Study of Income Dynamics we find that a policy induced increase in high school graduation rates leads to significantly fewer individuals being highly risk averse in the next generation. Other significant determinants of risk aversion are age, sex, and parents' risk aversion. We verify that risk aversion matters for economic behavior in that it predicts individuals' volatility of income. |
| 主题 | International Macroeconomics |
| 关键词 | High school movement Intergenerational transmission |
| URL | https://cepr.org/publications/dp7999 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536836 |
| 推荐引用方式 GB/T 7714 | Bent E Sørensen,Maria Jose Luengo-Prado,Dmytro Hryshko. DP7999 Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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