Online First Review of Economic Studies Online 2 Jul 2026Subjective Earnings RiskAndrew Caplin · Victoria Gregory · Eungik Lee · Søren Leth-Petersen · Johan SæverudThe paper introduces a survey instrument — fielded in the Copenhagen Life Panel in January 2021 to about 10,900 employed Danes aged 20-65 — that measures how much earnings risk workers subjectively …