Arbeitspapier
Occupational Sorting of School Graduates: The Role of Economic Preferences
We relate risk attitudes and patience of young graduates from high-school, college and university, measured around the time that they start their labor market career in a large representative survey, to the riskiness and timing of earnings in the occupations they choose to work in. We find a systematic positive and significant relation between willingness to take risks and measures of occupational earnings risks and employment risk that we derive from a large administrative data set. Patient individuals are significantly more likely to choose for occupations with a steep earnings profile. Individuals whose economic preferences are not well aligned with the riskiness and timing of earnings in their initial occupation are more likely to change to an occupation that better matches their economic preferences.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 8355
- Klassifikation
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Microeconomic Behavior: Underlying Principles
- Thema
-
risk preferences
earnings risk
sorting
occupational choice
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fouarge, Didier
Kriechel, Ben
Dohmen, Thomas
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fouarge, Didier
- Kriechel, Ben
- Dohmen, Thomas
- Institute for the Study of Labor (IZA)
Entstanden
- 2014
Ähnliche Objekte (12)
Performance Pay and Multidimensional Sorting - Productivity, Preferences and Gender
Performance pay and multi-dimensional sorting: productivity, preferences and gender
Ergebnisse der Strahlentherapie beim inoperablen, nicht-kleinzelligen Bronchialkarzinom
Do professionals choke under pressure?
Behavioural Labour Economics: Advances and Future Directions
Individual risk attitudes: new evidence from a large, representative, experimentally-validated survey
Accounting For Individual-Specific Reliability of Self-Assessed Measures of Economic Preferences and Personality Traits
Accounting for individual-specific reliability of self-assessed measures of economic preferences and personality traits
Cross-sectional earnings risk and occupational sorting: the role of risk attitudes
Parental investment and the intergenerational transmission of economic preferences and attitudes
Parental Investment and the Intergenerational Transmission of Economic Preferences and Attitudes
A note on salience of own preferences and the consensus effect
Performance Pay and Multidimensional Sorting - Productivity, Preferences and Gender
Performance pay and multi-dimensional sorting: productivity, preferences and gender
Ergebnisse der Strahlentherapie beim inoperablen, nicht-kleinzelligen Bronchialkarzinom
Do professionals choke under pressure?
Behavioural Labour Economics: Advances and Future Directions
Individual risk attitudes: new evidence from a large, representative, experimentally-validated survey
Accounting For Individual-Specific Reliability of Self-Assessed Measures of Economic Preferences and Personality Traits
Accounting for individual-specific reliability of self-assessed measures of economic preferences and personality traits
Cross-sectional earnings risk and occupational sorting: the role of risk attitudes
Parental investment and the intergenerational transmission of economic preferences and attitudes
Parental Investment and the Intergenerational Transmission of Economic Preferences and Attitudes
A note on salience of own preferences and the consensus effect
Performance Pay and Multidimensional Sorting - Productivity, Preferences and Gender
Performance pay and multi-dimensional sorting: productivity, preferences and gender
Ergebnisse der Strahlentherapie beim inoperablen, nicht-kleinzelligen Bronchialkarzinom
Do professionals choke under pressure?
Behavioural Labour Economics: Advances and Future Directions
Individual risk attitudes: new evidence from a large, representative, experimentally-validated survey
Accounting For Individual-Specific Reliability of Self-Assessed Measures of Economic Preferences and Personality Traits
Accounting for individual-specific reliability of self-assessed measures of economic preferences and personality traits
Cross-sectional earnings risk and occupational sorting: the role of risk attitudes
Parental investment and the intergenerational transmission of economic preferences and attitudes
Parental Investment and the Intergenerational Transmission of Economic Preferences and Attitudes