ABSTRACT 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.

中文翻译：

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风险规避和教学专业：包括不同形式的风险规避，不同控制组，选择和社会化效果的分析

摘要风险规避可能会影响当前和潜在的教师对薪酬改革等改革的反应。但是，与其他职业相比，教师对风险规避的证据有限。本研究基于具有代表性的德国数据集的十二次波动（N = 18,381），并且表明教学与风险规避（尤其是职业生涯的风险规避）正相关。与其他公务员相比，教师在风险规避方面得分更高。我们的研究结果表明，厌恶风险的人被教学所吸引，而我们没有发现在职业生涯中产生社交效应的证据。