Native-Migrant Differences in Risk Attitudes
by Holger Bonin, Amelie F. Constant, Konstantinos Tatsiramos, Klaus F. Zimmermann
(March 2006)
published in: Applied Economics Letters, 2009, 16 (15), 1581-1586

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.
Text: See Discussion Paper No. 1999