Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/124864 
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers No. 9347
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
To contribute to a scarce literature, in particular for developing and emerging economies, we study the nature of measured risk attitudes and their consequences for migration. We also investigate whether substantial changes in the risk environment influences risk tolerance. Using the 2009 RUMiC data for China, we find that rural-urban migrants and their family members are substantially less risk-averse than stayers. We further provide evidence that individual risk attitudes are unaffected by substantial changes in the environment and that risk tolerance is correlated across generations.
Subjects: 
migration
risk attitudes
risk aversion
China
JEL: 
J61
D81
Document Type: 
Working Paper

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