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Risk attitudes and labor mobility

Student: Dorogova Galina

Supervisor: Vladimir E. Gimpelson

Faculty: Faculty of Economic Sciences

Educational Programme: Bachelor

Year of Graduation: 2014

<p>This paper attempts to explain the differences in the people&rsquo;s behavior on the labor market by exogenous agents&#39; preferences of risk and uncertainty.&nbsp;The subject of this research is the Russians&#39; labor mobility in the context of their individual attitude towards risk. Estimates of&nbsp;various measures of labor mobility and willingness to take risk were obtained from the additional&nbsp;questionnaire RLMS -2009 &#39;Choice Strategy&#39;. The descriptive and regression analysis of the&nbsp;relationship between individual labor mobility and personal risk attitude&nbsp; were made on the base of RLMS 2006-2012&nbsp;dataset&nbsp;. The significance and robustness of coefficients in the regression verify that personal risk attitudes affects personal labor mobility.</p>

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