Linking risk aversion and type of employment

Carmela Di Mauro () and Rosy Musumeci

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2011, vol. 40, issue 5, 490-495

Abstract: Employees whose incomes have a variable component should exhibit lower risk aversion than fixed-income earners. This hypothesis is tested on 258 individuals interviewed in Italy, aged between 25 and 40 in the course of face-to-face-interviews. We find that the probability of being a variable income earner decreases with risk-aversion. Further, we investigate the link between risk preferences and job insecurity and find that women in temporary jobs are more risk averse than women in permanent ones.

Keywords: Risk-aversion; Temporary employment; Job insecurity; Gender (search for similar items in EconPapers)
JEL-codes: D81 J24 J60 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:40:y:2011:i:5:p:490-495

DOI: 10.1016/j.socec.2010.12.001

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