Native-Migrant Differences in Risk Attitudes
Refereed Journal // 2009This 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.
Bonin, Holger, Amelie Constant, Konstantinos Tatsiramos and Klaus F. Zimmermann (2009), Native-Migrant Differences in Risk Attitudes, Applied Economics Letters 16(15) , 1581-1586