Award Date

1-1-2006

Degree Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

First Committee Member

Thomas Carroll

Number of Pages

28

Abstract

Risk could be considered both a disagreeable characteristic of employment (i.e. the risk of death, injury) or, as noted previously, a factor in the probability, or more importantly, the improbability of success (i.e. the greater the risk in success, the less stable future earnings and employment). Accordingly, the inclusion of future wage risk in a study of compensating wage differentials is a logical step and, thus, the focus of this study; Drawing a corollary between the theoretical framework of compensating wage differentials and the theory of risk aversion, this paper seeks to measure whether or not wage risk has an effect on observed wage rates in a hedonic wage equation.

Keywords

Compensating; Differential; Equation; Hedonic; Risk; Wage

Controlled Subject

Economics

File Format

pdf

File Size

788.48 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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