Risk Aversion and Worker Sorting into Public Sector Employment

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Authors

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.
OriginalspracheEnglisch
ErscheinungsortBonn
VerlagForschungsinstitut zur Zukunft der Arbeit
Anzahl der Seiten22
PublikationsstatusErschienen - 2008
Extern publiziertJa

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Forschende

  1. Stephan Lassen

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