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Risk Aversion and Sorting into Public Sector Employment

Research output: Journal contributions › Journal articles › Research › peer-review

Standard

Risk Aversion and Sorting into Public Sector Employment. / Pfeifer, Christian.
In: German Economic Review, Vol. 12, No. 1, 01.02.2011, p. 85-99.

Research output: Journal contributions › Journal articles › Research › peer-review

Harvard

Pfeifer, C 2011, 'Risk Aversion and Sorting into Public Sector Employment', German Economic Review, vol. 12, no. 1, pp. 85-99. https://doi.org/10.1111/j.1468-0475.2010.00505.x

APA

Pfeifer, C. (2011). Risk Aversion and Sorting into Public Sector Employment. German Economic Review, 12(1), 85-99. https://doi.org/10.1111/j.1468-0475.2010.00505.x

Vancouver

Pfeifer C. Risk Aversion and Sorting into Public Sector Employment. German Economic Review. 2011 Feb 1;12(1):85-99. doi: 10.1111/j.1468-0475.2010.00505.x

Bibtex

@article{40eae98589af452ca1d61716b2dcc611,
title = "Risk Aversion and Sorting into Public Sector Employment",
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.",
keywords = "Economics, J24, J31, J45, Public sector, Risk aversion, Sorting, Wage differentials, Gender and Diversity",
author = "Christian Pfeifer",
year = "2011",
month = feb,
day = "1",
doi = "10.1111/j.1468-0475.2010.00505.x",
language = "English",
volume = "12",
pages = "85--99",
journal = "German Economic Review",
issn = "1465-6485",
publisher = "Walter de Gruyter GmbH",
number = "1",

}

RIS

TY - JOUR

T1 - Risk Aversion and Sorting into Public Sector Employment

AU - Pfeifer, Christian

PY - 2011/2/1

Y1 - 2011/2/1

N2 - 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.

AB - 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.

KW - Economics

KW - J24

KW - J31

KW - J45

KW - Public sector

KW - Risk aversion

KW - Sorting

KW - Wage differentials

KW - Gender and Diversity

UR - https://www.scopus.com/record/display.uri?eid=2-s2.0-79951832856&origin=inward&txGid=0

U2 - 10.1111/j.1468-0475.2010.00505.x

DO - 10.1111/j.1468-0475.2010.00505.x

M3 - Journal articles

VL - 12

SP - 85

EP - 99

JO - German Economic Review

JF - German Economic Review

SN - 1465-6485

IS - 1

ER -

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