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Author: Tzachrista, Foteini
Resulting in 1 citation.
1. Tzachrista, Foteini
Three Essays in Behavioral Economics
Ph.D. Dissertation, Department of Economics, University of South Carolina, 2022
Cohort(s): NLSY79, NLSY97
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): Gender Differences; Risk-Taking; Wage Growth

Permission to reprint the abstract has not been received from the publisher.

In the second essay titled "Date to Switch? Gender Risk Preference Differences on Mobility and Other Labor Outcomes", I study the effect of risk preferences on job mobility. Job mobility in early career stages is established as one of the most important determinants of wage growth. However, the determinants of job mobility are understudied. I use the 1979 National Longitudinal Survey of Youth (NLSY79) and 1997 National Longitudinal Survey of Youth (NLSY97) surveys, that record labor market activity, individuals' skills and risk preferences, to investigate the role of risk preferences in forming gender differences in early career stages. I find that females are more risk averse than males in the task they are assigned to in the survey. There is also suggestive evidence that taste for risk increases job mobility for both males and females, especially in the NLY79 cohort. Mobility seems to be motivated by wage growth and better match quality. Individuals who switch experience a greater wage growth and an improved match quality in their occupations in both cohorts. Collectively, gender risk preference differences seem to be significantly correlated with gender differences in job mobility that can lead to differences in other labor market outcomes such as wage growth and employee-employer match.
Bibliography Citation
Tzachrista, Foteini. Three Essays in Behavioral Economics. Ph.D. Dissertation, Department of Economics, University of South Carolina, 2022.