Risk Aversion and Worker Sorting into Public Sector Employment

Christian Pfeifer

Risk Aversion and Worker Sorting into Public Sector Employment

Christian Pfeifer

Leibniz Universität Hannover

Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere

Abstract

This research note uses two German data sets – the large-scale German Socio-Economic
Panel and unique data from own student questionnaires – to analyse the relationship
between risk aversion and the choice for public sector employment. Main results are: (1)
more risk averse individuals sort into public sector employment, (2) the impact of career
specific and unemployment risk attitudes is larger than the impact of general risk attitudes,
and (3) risk taking is rewarded with higher wages in the private but not in the public sector.

Originalsprache	Englisch
Erscheinungsort	Bonn
Verlag	Forschungsinstitut zur Zukunft der Arbeit
Seitenumfang	22
Publikationsstatus	Erschienen - 2008
Extern publiziert	Ja

UN SDGs

Dieser Output leistet einen Beitrag zu folgendem(n) Ziel(en) für nachhaltige Entwicklung

SDG 8 – Anständige Arbeitsbedingungen und wirtschaftliches Wachstum

Fachgebiete und Schlagwörter

Volkswirtschaftslehre
Gender und Diversity

Zugriff auf Dokument

1 Zeitschriftenaufsätze

Risk Aversion and Sorting into Public Sector Employment
Pfeifer, C., 01.02.2011, in: German Economic Review. 12, 1, S. 85-99 15 S.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › Begutachtung
91 Zitate (Scopus)

Dieses zitieren

@techreport{c7b0d94206584e26ae8525032161eb30,

title = "Risk Aversion and Worker Sorting into Public Sector Employment",

abstract = "This research note uses two German data sets – the large-scale German Socio-Economic Panel and unique data from own student questionnaires – to analyse the relationship between risk aversion and the choice for public sector employment. Main results are: (1) more risk averse individuals sort into public sector employment, (2) the impact of career specific and unemployment risk attitudes is larger than the impact of general risk attitudes, and (3) risk taking is rewarded with higher wages in the private but not in the public sector.",

keywords = "Economics, wage differentials, public sector, risk aversion, sorting, Gender and Diversity",

author = "Christian Pfeifer",

year = "2008",

language = "English",

series = "IZA Discussion Paper",

publisher = "Forschungsinstitut zur Zukunft der Arbeit",

number = "3503",

type = "WorkingPaper",

institution = "Forschungsinstitut zur Zukunft der Arbeit",

}

TY - UNPB

T1 - Risk Aversion and Worker Sorting into Public Sector Employment

AU - Pfeifer, Christian

PY - 2008

Y1 - 2008

N2 - This research note uses two German data sets – the large-scale German Socio-Economic Panel and unique data from own student questionnaires – to analyse the relationship between risk aversion and the choice for public sector employment. Main results are: (1) more risk averse individuals sort into public sector employment, (2) the impact of career specific and unemployment risk attitudes is larger than the impact of general risk attitudes, and (3) risk taking is rewarded with higher wages in the private but not in the public sector.

AB - This research note uses two German data sets – the large-scale German Socio-Economic Panel and unique data from own student questionnaires – to analyse the relationship between risk aversion and the choice for public sector employment. Main results are: (1) more risk averse individuals sort into public sector employment, (2) the impact of career specific and unemployment risk attitudes is larger than the impact of general risk attitudes, and (3) risk taking is rewarded with higher wages in the private but not in the public sector.

KW - Economics

KW - wage differentials

KW - public sector

KW - risk aversion

KW - sorting

KW - Gender and Diversity

M3 - Working papers

T3 - IZA Discussion Paper

BT - Risk Aversion and Worker Sorting into Public Sector Employment

PB - Forschungsinstitut zur Zukunft der Arbeit

CY - Bonn

ER -

Risk Aversion and Worker Sorting into Public Sector Employment

Abstract

UN SDGs

Fachgebiete und Schlagwörter

Zugriff auf Dokument

Fingerprint

Publikationen

Risk Aversion and Sorting into Public Sector Employment

Dieses zitieren