Risk Aversion and Worker Sorting into Public Sector Employment

Christian Pfeifer

Risk Aversion and Worker Sorting into Public Sector Employment

Christian Pfeifer

Leibniz University Hannover

Research output: Working paper › Working papers

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.

Original language	English
Place of Publication	Bonn
Publisher	Forschungsinstitut zur Zukunft der Arbeit
Number of pages	22
Publication status	Published - 2008
Externally published	Yes

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
wage differentials
public sector
risk aversion
sorting
Gender and Diversity

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1 Journal articles

Risk Aversion and Sorting into Public Sector Employment
Pfeifer, C., 01.02.2011, In: German Economic Review. 12, 1, p. 85-99 15 p.
Research output: Journal contributions › Journal articles › Research › peer-review
91 Citations (Scopus)

Cite this

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KW - Economics

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KW - public sector

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KW - sorting

KW - Gender and Diversity

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Risk Aversion and Worker Sorting into Public Sector Employment

Abstract

UN SDGs

Research areas and keywords

Access to Document

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Research output

Risk Aversion and Sorting into Public Sector Employment

Cite this