東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Earnings risk and occupational choice.

The University of Texas at Dallas.

Linked to FindBook

Google Book

Amazon

博客來

Earnings risk and occupational choice.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Earnings risk and occupational choice./
Author:	Singh, Priyanka.
Description:	190 p.
Notes:	Adviser: Wim P. Vijverberg.
Contained By:	Dissertation Abstracts International69-03A.
Subject:	Economics, Labor. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3305864
ISBN:	9780549527176

Earnings risk and occupational choice.
Singh, Priyanka.

Earnings risk and occupational choice. - 190 p.

Adviser: Wim P. Vijverberg.

Thesis (Ph.D.)--The University of Texas at Dallas, 2008.

The question of how do people choose occupations has puzzled economists. Occupational choice has been analyzed in terms of a variety of factors. However, occupational choices have not been analyzed fully in the context of risk. Individuals differ in their risk preferences and one of the risks associated with an occupation is the earnings risk, which is defined as the variance of wages within an occupation. The literature on earnings risk is relatively new and provides evidence in support of a positive compensating wage differential associated with earnings risk. Yet, none of these studies examine how earnings risk affects occupational choices. In my dissertation I look at how earnings risk affects occupational choice. A model of compensating wage differential and workers occupational choice and sorting in the light of earnings risk is developed. This model is tested empirically using conditional logit technique on the data from the Merged Outgoing Rotation Group File (CPS-NBER Extract) and the Dictionary of Occupational Titles (DOT). The empirical evidence supports the hypothesis that earnings risk has a negative effect on occupational choice. The effect of predicted wages on occupational choice is positive. The study also examines the effect of various occupational attributes. Among occupational attributes intellect requirement has a negative effect on occupational choice, while specific vocational preparation has a positive effect on occupational choice. Environmental condition is found to adversely affect occupational choice; however, physical demand has a positive effect on occupational choice. The dissertation also controls for the issue of self-selection in calculating earnings risk and assess the bias in the earnings risk premium that arises due to omission of self-selection. It is found that risk premium is underestimated if self-selection is ignored. The results of the model are quite interesting and appealing. In future the plan is to extend the study by including a measure of skewness of the wage distribution and unemployment risk in the occupational choice model.

ISBN: 9780549527176Subjects--Topical Terms:

1019135
Economics, Labor.

Earnings risk and occupational choice.
LDR:02947nmm 2200265 a 45 001 891092
005 20101111
008 101111s2008 ||||||||||||||||| ||eng d
020 $a 9780549527176
035 $a (UMI)AAI3305864
035 $a AAI3305864
040 $a UMI $c UMI
100 1 $a Singh, Priyanka. $3 1065076
245 1 0 $a Earnings risk and occupational choice.
300 $a 190 p.
500 $a Adviser: Wim P. Vijverberg.
500 $a Source: Dissertation Abstracts International, Volume: 69-03, Section: A, page: 1104.
502 $a Thesis (Ph.D.)--The University of Texas at Dallas, 2008.
520 $a The question of how do people choose occupations has puzzled economists. Occupational choice has been analyzed in terms of a variety of factors. However, occupational choices have not been analyzed fully in the context of risk. Individuals differ in their risk preferences and one of the risks associated with an occupation is the earnings risk, which is defined as the variance of wages within an occupation. The literature on earnings risk is relatively new and provides evidence in support of a positive compensating wage differential associated with earnings risk. Yet, none of these studies examine how earnings risk affects occupational choices. In my dissertation I look at how earnings risk affects occupational choice. A model of compensating wage differential and workers occupational choice and sorting in the light of earnings risk is developed. This model is tested empirically using conditional logit technique on the data from the Merged Outgoing Rotation Group File (CPS-NBER Extract) and the Dictionary of Occupational Titles (DOT). The empirical evidence supports the hypothesis that earnings risk has a negative effect on occupational choice. The effect of predicted wages on occupational choice is positive. The study also examines the effect of various occupational attributes. Among occupational attributes intellect requirement has a negative effect on occupational choice, while specific vocational preparation has a positive effect on occupational choice. Environmental condition is found to adversely affect occupational choice; however, physical demand has a positive effect on occupational choice. The dissertation also controls for the issue of self-selection in calculating earnings risk and assess the bias in the earnings risk premium that arises due to omission of self-selection. It is found that risk premium is underestimated if self-selection is ignored. The results of the model are quite interesting and appealing. In future the plan is to extend the study by including a measure of skewness of the wage distribution and unemployment risk in the occupational choice model.
590 $a School code: 0382.
650 4 $a Economics, Labor. $3 1019135
690 $a 0510
710 2 $a The University of Texas at Dallas. $3 1018411
773 0 $t Dissertation Abstracts International $g 69-03A.
790 $a 0382
790 1 0 $a Vijverberg, Wim P., $e advisor
791 $a Ph.D.
792 $a 2008
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3305864