ERIC Number: EJ1241597
Record Type: Journal
Publication Date: 2020
Pages: 22
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: N/A
Risk Aversion and the Teaching Profession: An Analysis Including Different Forms of Risk Aversion, Different Control Groups, Selection and Socialization Effects
Ayaita, Adam; Stürmer, Kathleen
Education Economics, v28 n1 p4-25 2020
Risk aversion might affect current and potential teachers' reaction to reforms, such as payment reforms. However, evidence on teachers' risk aversion in comparison to other occupations is limited. The present study is based on twelve waves of a representative German data set (N = 18,381) and shows that teaching relates positively to risk aversion, especially to risk aversion with respect to occupational career. Teachers score higher in risk aversion even than other civil servants. Our results suggest that risk-averse individuals are attracted to teaching, while we find no evidence for a socialization effect during the career.
Descriptors: Risk, Teaching (Occupation), Foreign Countries, Socialization, Career Choice, Teacher Characteristics, Teaching Experience
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Germany
Grant or Contract Numbers: N/A