Abstract
This research note uses two German datasets - the large-scale German Socioeconomic 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.
| Original language | English |
|---|---|
| Journal | German Economic Review |
| Volume | 12 |
| Issue number | 1 |
| Pages (from-to) | 85-99 |
| Number of pages | 15 |
| ISSN | 1465-6485 |
| DOIs | |
| Publication status | Published - 01.02.2011 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 8 Decent Work and Economic Growth
Research areas and keywords
- Economics
- J24
- J31
- J45
- Public sector
- Risk aversion
- Sorting
- Wage differentials
- Gender and Diversity
ASJC Scopus Subject Areas
- Economics and Econometrics
Fingerprint
Dive into the research topics of 'Risk Aversion and Sorting into Public Sector Employment'. Together they form a unique fingerprint.Research output
- 90 Citations
- 1 Working papers
-
Risk Aversion and Worker Sorting into Public Sector Employment
Pfeifer, C., 2008, Bonn: Forschungsinstitut zur Zukunft der Arbeit, 22 p. (IZA Discussion Paper; no. 3503).Research output: Working paper › Working papers
Open Access
Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver