Adolescents’ attitudes to risk and their employment sector choices in adulthood: Evidence from longitudinal data

Yen-Ling Lin ()
Additional contact information
Yen-Ling Lin: Department of Economics, Tamkang University, 151 Yingzhuan Road, Tamsui District, New Taipei City, Taiwan 25137, R.O.C.

Acta Oeconomica, 2020, vol. 70, issue 1, 105-121

Abstract: I investigated the effects of adolescents’ attitudes toward risk on their choice of employment sector in adulthood. I employed a joint model of employment sector choice and three-dimensional background characteristics to demonstrate that employment preference is an inverse function of the degree of relative risk aversion. Empirical data was obtained from longitudinal data, and a logit model was applied to estimate the effects of the three-dimensional background characteristics on the risk-taking attitudes and employment choices. I observed that individuals with a higher tendency to engage in risky experiences exhibit low risk aversion, and thus, tend to choose a riskier employment sector.

Keywords: employment sector; personality; risk aversion; logit model (search for similar items in EconPapers)
JEL-codes: C33 I25 J21 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1556/032.2020.00006 (application/pdf)
subscription

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aka:aoecon:v:70:y:2020:i:1:p:105-121

Ordering information: This journal article can be ordered from
Akadémiai Kiadó Zrt., P. O. Box 245, H-1519 Budapest, Hungary
https://akjournals.com/

Access Statistics for this article

Acta Oeconomica is currently edited by Mihályi, Péter

More articles in Acta Oeconomica from Akadémiai Kiadó, Hungary
Bibliographic data for series maintained by Kriston, Orsolya ().