Risk Aversion and Worker Sorting into Public Sector Employment

Christian Pfeifer

Risk Aversion and Worker Sorting into Public Sector Employment

Research output: Working paper › Working papers

Standard

Risk Aversion and Worker Sorting into Public Sector Employment. / Pfeifer, Christian.
Bonn: Forschungsinstitut zur Zukunft der Arbeit, 2008. (IZA Discussion Paper; No. 3503).

Research output: Working paper › Working papers

Harvard

Pfeifer, C 2008 'Risk Aversion and Worker Sorting into Public Sector Employment' IZA Discussion Paper, no. 3503, Forschungsinstitut zur Zukunft der Arbeit, Bonn. <http://ftp.iza.org/dp3503.pdf>

APA

Pfeifer, C. (2008). Risk Aversion and Worker Sorting into Public Sector Employment. (IZA Discussion Paper; No. 3503). Forschungsinstitut zur Zukunft der Arbeit. http://ftp.iza.org/dp3503.pdf

Vancouver

Pfeifer C. Risk Aversion and Worker Sorting into Public Sector Employment. Bonn: Forschungsinstitut zur Zukunft der Arbeit. 2008. (IZA Discussion Paper; 3503).

Bibtex

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title = "Risk Aversion and Worker Sorting into Public Sector Employment",

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.",

keywords = "Economics, wage differentials, public sector, risk aversion, sorting, Gender and Diversity",

author = "Christian Pfeifer",

year = "2008",

language = "English",

series = "IZA Discussion Paper",

publisher = "Forschungsinstitut zur Zukunft der Arbeit",

number = "3503",

type = "WorkingPaper",

institution = "Forschungsinstitut zur Zukunft der Arbeit",

}

RIS

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T1 - Risk Aversion and Worker Sorting into Public Sector Employment

AU - Pfeifer, Christian

PY - 2008

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N2 - 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.

AB - 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.

KW - Economics

KW - wage differentials

KW - public sector

KW - risk aversion

KW - sorting

KW - Gender and Diversity

M3 - Working papers

T3 - IZA Discussion Paper

BT - Risk Aversion and Worker Sorting into Public Sector Employment

PB - Forschungsinstitut zur Zukunft der Arbeit

CY - Bonn

ER -