Native-Migrant Differences in Risk Attitudes
12 Pages Posted: 8 Mar 2006
Date Written: March 2006
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.
Keywords: risk attitudes, ethnicity, native-migrant differences, gender differences
JEL Classification: D1, D81, F22, J15, J16, J31, J62, J82
Suggested Citation: Suggested Citation