Attitudes towards Economic Risk and the Gender Pay Gap

Anh Le, Paul Miller, Wendy S. Slutske () and Nicholas G. Martin ()
Additional contact information
Wendy S. Slutske: University of Missouri-Columbia
Nicholas G. Martin: Queensland Institute of Medical Research

No 5393, IZA Discussion Papers from IZA Network @ LISER

Abstract: This paper examines the links between gender differences in attitudes towards economic risk and the gender pay gap. Consistent with the literature on the socio-economic determinants of attitudes towards economic risk, it shows that females are much more risk averse than males. It then extends this research to show that workers with more favorable attitudes towards risk are associated with higher earnings, and that gender differences in attitudes towards economic risk can account for a small, though important, part of the standardized gender pay gap.

Keywords: wages; gender; risk; wage gap (search for similar items in EconPapers)
JEL-codes: J31 J71 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2010-12
New Economics Papers: this item is included in nep-lab, nep-ltv and nep-upt
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Published - published in: Labour Economics, 2011, 18 (4), 555-561

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Journal Article: Attitudes towards economic risk and the gender pay gap (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp5393

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