Risk Aversion and Worker Sorting into Public Sector Employment
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- 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.
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 |
| Anzahl der Seiten | 22 |
| Publikationsstatus | Erschienen - 2008 |
| Extern publiziert | Ja |
- Volkswirtschaftslehre
- Gender und Diversity