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Accident risk, gender, family status and occupational choice in the UK

  • Grazier, S.
  • Sloane, P.J.

Many studies show that women are more risk averse than men. In this paper, following DeLeire and Levy [Deleire T. and Levy H. (2004) 'Worker Sorting and the Risk of Death on the Job', Journal of Labor Economics, Vol. 22, No. 4, pp. 210-217.] 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 that are single with children are more risk averse than those without. The effect on the degree of gender segregation is somewhat smaller than for the US.

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Article provided by Elsevier in its journal Labour Economics.

Volume (Year): 15 (2008)
Issue (Month): 5 (October)
Pages: 938-957

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Handle: RePEc:eee:labeco:v:15:y:2008:i:5:p:938-957
Contact details of provider: Web page: http://www.elsevier.com/locate/labeco

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  1. 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.
  2. 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.
  3. 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.
  4. Dolton, Peter J & Kidd, Michael P, 1994. "Occupational Access and Wage Discrimination," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(4), pages 457-74, November.
  5. Hausman, Jerry & McFadden, Daniel, 1984. "Specification Tests for the Multinomial Logit Model," Econometrica, Econometric Society, vol. 52(5), pages 1219-40, September.
  6. 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.
  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. Sarah Brown, Karl Taylor & Karl Taylor, 2004. "Wage Growth, Human Capital And Risk Preference," Royal Economic Society Annual Conference 2004 131, Royal Economic Society.
  9. 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.
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