Identifying idiosyncratic career taste and skill with income risk

DOI10.3982/QE424MaRDI QIDQ4586255zbMATH OpenOpenAlexFDO

Authors Daniel Barth, Stephen H. Shore, Shane T. Jensen

Publication date 12 September 2018

Published in Quantitative Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial 4.0 International

Full work available at URL https://doi.org/10.3982/qe424

zbMATH Keywords

occupational choiceincome riskcareer choiceidiosyncratic taste and skill

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• Risky matching
• Career concerns and ambiguity aversion
• Measuring how risk tradeoffs adjust with income
• Risk aversion and rising wage inequality
• A dynamic model of personality, schooling, and occupational choice

Cited in

(1)

• The role of heterogeneous risk preferences, discount rates, and earnings expectations in college major choice

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