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Accident Risk, Gender, Family Status and Occupational Choice in the UK

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  • Grazier, Suzanne

    ()
    (Swansea University)

  • Sloane, Peter J.

    ()
    (Swansea University)

Abstract

Many studies show that women are more risk averse than men. In this paper, following DeLeire and Levy (2004) for the US, we use family structure as a proxy for the degree of risk aversion to test the proposition that those with strong aversion to risk will make occupational choices biased towards safer jobs. In line with DeLeire and Levy we find that women are more risk averse than men and those married with children are more risk averse than those without. However, the effect on the degree of gender segregation is much smaller than for the US.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2302.

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Length: 40 pages
Date of creation: Sep 2006
Date of revision:
Publication status: published in: Labour Economics, 2008, 15(5), 938-957
Handle: RePEc:iza:izadps:dp2302

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Keywords: family status; gender segregation; accident risk; occupational choice;

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References

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  1. Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2005. "Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey," Discussion Papers of DIW Berlin 511, DIW Berlin, German Institute for Economic Research.
  2. Peter J. Dolton & Michael P. Kidd, 1994. "Occupational Access And Wage Discrimination," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(4), pages 457-474, November.
  3. Sarah Brown, Karl Taylor & Karl Taylor, 2004. "Wage Growth, Human Capital And Risk Preference," Royal Economic Society Annual Conference 2004 131, Royal Economic Society.
  4. Sandy, Robert & R. F. Elliot & W. S. Siebert & X. D. Wei, 2001. " Measurement Error and the Effects of Unions on the Compensating Differentials for Fatal Workplace Risks," Journal of Risk and Uncertainty, Springer, vol. 23(1), pages 33-56, July.
  5. Hausman, Jerry & McFadden, Daniel, 1984. "Specification Tests for the Multinomial Logit Model," Econometrica, Econometric Society, vol. 52(5), pages 1219-40, September.
  6. Marie-Claire Villeval & Nabanita Datta Gupta & Anders Poulsen, 2005. "Male and Female Competitive Behavior - Experimental Evidence," Working Papers 0512, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
  7. Thomas DeLeire & Helen Levy, 2004. "Worker Sorting and the Risk of Death on the Job," Journal of Labor Economics, University of Chicago Press, vol. 22(4), pages 925-954, October.
  8. Xiangdong Wei & Steve Russell & Robert Sandy, 2005. "Analysing workplace safety policies in hong kong with a simulation method," International Economic Journal, Taylor & Francis Journals, vol. 19(2), pages 321-353.
  9. Ekelund, Jesper & Johansson, Edvard & Jarvelin, Marjo-Riitta & Lichtermann, Dirk, 2005. "Self-employment and risk aversion--evidence from psychological test data," Labour Economics, Elsevier, vol. 12(5), pages 649-659, October.
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Cited by:
  1. Cobb-Clark, Deborah A. & Tan, Michelle, 2011. "Noncognitive skills, occupational attainment, and relative wages," Labour Economics, Elsevier, vol. 18(1), pages 1-13, January.
  2. Konstantinos, Pouliakas & Ioannis, Theodossiou, 2010. "An Inquiry Into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety At Work," MPRA Paper 20336, University Library of Munich, Germany.
  3. Nils Braakmann, 2013. "What Determines Wage Inequality Among Young German University Graduates?," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 233(2), pages 130-158, March.
  4. Nikolaos Georgantzis & Efi Vasileiou, 2012. "Are dangerous jobs paid better? European evidence," Working Papers 2012/18, Economics Department, Universitat Jaume I, Castellón (Spain).
  5. Antecol, Heather & Cobb-Clark, Deborah A., 2013. "Do psychosocial traits help explain gender segregation in young people's occupations?," Labour Economics, Elsevier, vol. 21(C), pages 59-73.
  6. Wells, Robert, 2010. "An examination of the utility bearing characteristics of occupations: A factor analytical approach," Economics Letters, Elsevier, vol. 108(3), pages 296-298, September.

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