Titelaufnahme

Titel
Does society influence the gender gap in risk attitudes? Evidence from East and West Germany / Cornelia Chadi (University of Trier), Uwe Jirjahn (University of Trier and IZA) ; IZA Institute of Labor Economics
VerfasserStruewing, Cornelia ; Jirjahn, Uwe
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, January 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (43 Seiten)
SerieDiscussion paper ; no. 12100
URNurn:nbn:de:hbz:5:2-179746 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Does society influence the gender gap in risk attitudes? Evidence from East and West Germany [0.42 mb]
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Zusammenfassung (Englisch)

Previous international research has shown that women are more risk averse than men. This gives rise to the question whether the gender gap in risk attitudes is shaped by the social environment. We address this question by examining risk attitudes among East and West Germans. Originated from different family policies during Germany's separation, East Germans have more equal gender roles than West Germans. Thus, if the gender gap reflects socially constructed norms, it should be smaller among East Germans. Using data of the German Socio-Economic Panel (SOEP), our empirical analysis confirms this prediction. Specifically with respect to career and financial matters, the gender gap in risk tolerance is smaller among East Germans. We find no evidence that the East German gender gap has converged to the higher West German level after reunification. By contrast, the West German gap has narrowed over time.