Bonin, Holger Constant, Amelie F. Tatsiramos, Konstantinos Zimmermann, Klaus F.
Year of Publication:
IZA Discussion Papers 1999
This 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.