| dc.contributor | Balsa, Ana Inés. Universidad de Montevideo, Uruguay | |
| dc.contributor | Gandelman, Néstor. Universidad ORT, Uruguay | |
| dc.contributor | González, Nicolás. Universidad de Montevideo, Uruguay | |
| dc.creator | Balsa, Ana Inés | |
| dc.creator | Gandelman, Néstor | |
| dc.creator | González, Nicolás | |
| dc.date.accessioned | 2022-04-01T16:38:09Z | |
| dc.date.accessioned | 2023-08-24T17:17:40Z | |
| dc.date.available | 2022-04-01T16:38:09Z | |
| dc.date.available | 2023-08-24T17:17:40Z | |
| dc.date.created | 2022-04-01T16:38:09Z | |
| dc.date.issued | 2012 | |
| dc.identifier | https://hdl.handle.net/20.500.12806/1322 | |
| dc.identifier.uri | https://repositorioslatinoamericanos.uchile.cl/handle/2250/8424878 | |
| dc.description.abstract | Using data onUruguayan adolescents, we estimate peer effects in risk attitudes. Relative risk aversion is elicited in an experimental setting. Identification is based on parents not being able to choose the class within the school of their choice. After controlling for school-grade fixed effect andaddressingendogeneity due to simultaneity, we finda significant and quantitative large impact of peers on individuals risk aversion. An increase in one standard deviation of the group risk aversion produces anincrease in 44-64% on an individual risk aversion. These findings enhance the importance of multiplicative effects related to risk behavior. | |
| dc.publisher | Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía | |
| dc.relation | Documentos de trabajo del Departamento de Economía; UM_CEE_2012_05 | |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internacional | |
| dc.rights | http://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.rights | Abierto | |
| dc.subject | Risk aversion | |
| dc.subject | Peer effects | |
| dc.subject | Instrumental variables | |
| dc.title | Peer effects in risk aversion | |
| dc.type | Documentos de trabajo | |
