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Freiburger Diskussionspapiere zur Ordnungsökonomik, Universität Freiburg >

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dc.contributor.authorLeuermann, Andreaen_US
dc.contributor.authorNecker, Sarahen_US
dc.description.abstractThis study investigates whether the willingness to take income risks revealed by occupational choice is transmitted from parents to their children. Using data from the German Socio-Economic Panel (SOEP), we find that fathers' riskiness of job is a significant determinant of children's occupational risk, in particular sons' (excluding parent-child pairs with identical occupations). This is the first piece of evidence for intergenerational transmission of risk attitudes relying on real world behavior. It shows that not only individuals' own assessments of their risk attitudes correlate across generations (found by previous studies) but also risk preferences shown in exactly the same situation.en_US
dc.publisherInst. für Allg. Wirtschaftsforschung, Abt. für Wirtschaftspolitik Freiburg i. Br.en_US
dc.relation.ispartofseriesFreiburger Diskussionspapiere zur Ordnungsökonomik 11/4en_US
dc.subject.keywordrisk preferencesen_US
dc.subject.keywordintergenerational transmissionen_US
dc.subject.keywordoccupational choiceen_US
dc.titleIntergenerational transmission of risk attitudes: A revealed preference approachen_US
dc.typeWorking Paperen_US
Appears in Collections:Freiburger Diskussionspapiere zur Ordnungsökonomik, Universität Freiburg

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