“...We replicate Shaw (J Labor Econ 14(4):626-653, 1996) who found that individual wage growth is higher for individuals with greater preference for risk taking...”

“...We replicate Shaw (1996) who found that individual wage growth is higher for individuals with greater preference for risk taking. Expanding her dataset with...”

“...People gain utility from occupying a higher ranked position in the income distribution of the reference group. This paper investigates whether these gains...”