Skip to main content
SpringerLink
Log in

Risk compensation in wages – a replication

  • Published:
Empirical Economics Aims and scope Submit manuscript

Abstract.

We use data from Germany, The Netherlands, Portugal and Spain to test for the effect of earnings variation on individual earnings. We replicate estimates for the USA and find that the variance of earnings in an occupation affects individual wages positively while the skewness of earnings has a negative effect. Both results are in conformity with wage compensation for risk averse workers.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

Author information

Authors and Affiliations

  1. University of Amsterdam, Department of Economics, SCHOLAR, Roetersstraat 11, 1018 WB Amsterdam, the Netherlands, , , , , , NL

    Joop Hartog & Erik Plug

  2. Universitat de Barcelona, C/Baldiri Reixac, 4-6, 08028 Barcelona, Spain, , , , , , ES

    Luis Diaz Serrano

  3. Universidade dos Acores, Rua Mae de Deus, 9500 Ponta Delgada, Portugal, , , , , , PT

    Jose Vieira

Authors
  1. Joop Hartog
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Erik Plug
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Luis Diaz Serrano
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. Jose Vieira
    View author publications

    You can also search for this author in PubMed Google Scholar

Additional information

First version received: March 2001/Final version received: July 2002

We are grateful to two anonymous referees for valuable comments.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Hartog, J., Plug, E., Serrano, L. et al. Risk compensation in wages – a replication. Empirical Economics 28, 639–647 (2003). https://doi.org/10.1007/s001810200150

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/s001810200150

Search

Navigation