Risk-attitudes and Socio-economic Characteristics of Economic Migrants: An Empirical Analysis of U.S. Interstate Migration
In order to estimate individuals' risk-attitudes of economic migrants a static one-period decision model is developed and applied to U.S. interstate migration data. Risk-attitudes are estimated by non-linaer optimiziation. It turns out that economic migrants are significantly risk-averse in tak...
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Формат: | Dissertation |
Хэл сонгох: | англи |
Хэвлэсэн: |
Philipps-Universität Marburg
2014
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Онлайн хандалт: | PDF-н бүрэн текст |
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Тойм: | In order to estimate individuals' risk-attitudes of economic migrants a static one-period decision model is developed and applied to U.S. interstate migration data. Risk-attitudes are estimated by non-linaer optimiziation. It turns out that economic migrants are significantly risk-averse in taking economic migration decisions. A statistically significant relation of risk-attitudes and socio-economic characteristics like gender, age, and education can only be found for certain specifications of the model. |
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DOI: | 10.17192/z2014.0333 |