Maynooth University

Maynooth University ePrints and eTheses Archive

Maynooth University Library

An Empirical Note on the Relationship between Unemployment and Risk-Aversion

Diaz-Serrano, Mr. Luis and O'Neill, Dr. Donal (2004) An Empirical Note on the Relationship between Unemployment and Risk-Aversion. UNSPECIFIED. (Unpublished)

[img] Download (52kB)

Abstract

In this paper we use a direct measure of individual risk-aversion to examine the relationship between risk-aversion and unemployment. Contrary to what the simple search model perdicts, we observe that more risk-averse individuals are more lkiley to be unemployed. We present extensions of the search model that can reconcile the theory with the relationships observed in the data.

Item Type: Other
Keywords: Unemployment, job-search, risk-aversion
Subjects: Social Sciences > Economics
Item ID: 141
Depositing User: Ms Sandra Doherty
Date Deposited: 16 Sep 2004
Refereed: No
URI:

    Repository Staff Only(login required)

    View Item Item control page

    Document Downloads

    More statistics for this item...