金融发展与职业选择——基于风险规避动机的研究

Financial Development and Occupation Choice——A Study Based on Risk Aversion Motivation

通过构建职业选择模型,可以研究金融发展对个人职业选择的影响,此外,利用西南财经大学中国家庭金融调查(CHFS)数据可以验证理论模型的推论。研究结果表明,金融发展水平越高的地区,个人选择稳定性职业的概率越低,这样的影响可归因于个人风险规避动机。这种结论在一系列内生性讨论和稳健性检验后依然成立。进一步研究表明,相较于资产规模较小或较大的家庭,在资产规模中等的家庭中,金融发展对个人选择稳定性工作概率的影响更为显著。以上研究丰富了金融发展与职业选择的关系,以及职业选择动因研究方面的文献,在现实意义上为如何调动个人求职活力提供启发。

An occupational choice model is constructed to explore the influence of financial development on personal occupation choice,and inferences gained from the theoretical model are further verified against the data of Chinese Household Finance Survey(CHFS)of Southwestern University of Finance and Economics.The results show that the higher the level of financial development,the lower the probability of individuals choosing stable occupation.Such an effect can be attributed to personal risk aversion motivation.This conclusion persisted after a series of endogeneity discussions and robustness tests.Further research shows that the impact of financial development on stable occupation choice is more significant for households with medium assets than for those with small or large assets.This study supplements the research on the relationship between financial development and occupation choice and the motivation of occupation choice,and provides inspiration on how to mobilize individual job-hunting vitality in a practical sense.