Native-Migrant Differences in Risk Attitudes

12 Pages Posted: 8 Mar 2006

See all articles by Klaus F. Zimmermann

Klaus F. Zimmermann

Global Labor Organization (GLO); UNU-MERIT; Maastricht University, Department of Economics; Free University Berlin; University of Bonn; Centre for Economic Policy Research (CEPR); Journal of Population Economics

Holger Bonin

IZA Institute of Labor Economics; ZEW – Leibniz Centre for European Economic Research

Amelie F. Constant

Princeton University; UNU-MERIT; CESifo

Konstantinos Tatsiramos

University of Luxembourg; Luxembourg Institute of Socio-Economic Research (LISER)

Multiple version iconThere are 2 versions of this paper

Date Written: March 2006

Abstract

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

Zimmermann, Klaus F. and Bonin, Holger and Constant, Amelie F. and Tatsiramos, Konstantinos, Native-Migrant Differences in Risk Attitudes (March 2006). IZA Discussion Paper No. 1999, Available at SSRN: https://ssrn.com/abstract=889061

Klaus F. Zimmermann (Contact Author)

Global Labor Organization (GLO) ( email )

Bonn
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UNU-MERIT ( email )

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Centre for Economic Policy Research (CEPR)

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Holger Bonin

IZA Institute of Labor Economics ( email )

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Amelie F. Constant

Princeton University ( email )

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Konstantinos Tatsiramos

University of Luxembourg ( email )

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Luxembourg

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11, Porte des Sciences
Campus Belval – Maison des Sciences Humaines
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