This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Risk Aversion and Sorting into Public Sector Employment Author info | Abstract | Publisher info | Download info | Related research | Statistics Pfeifer, Christian () (University of Hannover)
Additional information is available for the following
registered author(s):
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.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
3503.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 22 pages
Date of creation: May 2008Date of revision:
Handle: RePEc:iza:izadps:dp3503Contact details of provider: Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany Phone: +49 228 3894 223 Fax: +49 228 3894 180 Web page: http://www.iza.org
Order Information: Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany Email:
For technical questions regarding this item, or to correct its listing, contact: (Mark Fallak).
Keywords: public sector ; risk aversion ; sorting ; wage differentials ; Other versions of this item:
Find related papers by JEL classification: J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Don Bellante & Albert N. Link, 1981.
"Are public sector workers more risk averse than private sector workers? ,"
Industrial and Labor Relations Review ,
ILR Review, ILR School, Cornell University, vol. 34(3), pages 408-412, April.
Markus Pannenberg, 2007.
"Risk Aversion and Reservation Wages ,"
SOEPpapers
23, DIW Berlin, The German Socio-Economic Panel (SOEP).
[Downloadable!]
Pederson, P. J. & Schmidt-Sorensen, J. B. & Smith, N. & Westergard-Nielsen, N., 1990.
"Wage differentials between the public and private sectors ,"
Journal of Public Economics ,
Elsevier, vol. 41(1), pages 125-145, February.
[Downloadable!] (restricted)
Markus Pannenberg, 2007.
"Risk Aversion and Reservation Wages ,"
IZA Discussion Papers
2806, Institute for the Study of Labor (IZA).
[Downloadable!]
Feinberg, Robert M, 1977.
"Risk Aversion, Risk, and the Duration of Unemployment ,"
The Review of Economics and Statistics ,
MIT Press, vol. 59(3), pages 264-71, August.
[Downloadable!] (restricted)
Rebecca M. Blank, 1985.
"An analysis of workers' choice between employment in the public and private sectors ,"
Industrial and Labor Relations Review ,
ILR Review, ILR School, Cornell University, vol. 38(2), pages 211-224, January.
Simon Luechinger & Alois Stutzer & Rainer winkelmann, 2006.
"The Happiness Gains From Sorting and Matching in the Labor Market ,"
IEW - Working Papers
iewwp275, Institute for Empirical Research in Economics - IEW.
[Downloadable!]
Other versions: George J. Borjas, 2002.
"The Wage Structure and the Sorting of Workers into the Public Sector ,"
NBER Working Papers
9313, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Clark, Andrew E & Postel-Vinay, Fabien, 2005.
"Job Security and Job Protection ,"
CEPR Discussion Papers
4927, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Clark, Andrew & Postel-Vinay, Fabien, 2005.
"Job Security and Job Protection ,"
IZA Discussion Papers
1489, Institute for the Study of Labor (IZA).
[Downloadable!] Andrew Clark & Fabien Postel-Vinay, 2005.
"Job Security and Job Protection ,"
CEP Discussion Papers
dp0678, Centre for Economic Performance, LSE.
[Downloadable!] Andrew E. Clark & Fabien Postel-Vinay, 2004.
"Job security and job protection ,"
DELTA Working Papers
2004-16, DELTA (Ecole normale supérieure).
[Downloadable!] Andrew Clark & Fabien Postel-Vinay, 2009.
"Job security and job protection ,"
Oxford Economic Papers ,
Oxford University Press, vol. 61(2), pages 207-239, April.
[Downloadable!] (restricted) Gregory, Robert G. & Borland, Jeff, 1999.
"Recent developments in public sector labor markets ,"
Handbook of Labor Economics ,
in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 53, pages 3573-3630
Elsevier.
[Downloadable!] (restricted)
Dustmann, Christian & van Soest, Arthur, 1998.
"Public and private sector wages of male workers in Germany ,"
European Economic Review ,
Elsevier, vol. 42(8), pages 1417-1441, September.
[Downloadable!] (restricted)
Other versions: James M. Poterba & Kim S. Rueben, 1994.
"The Distribution of Public Sector Wage Premia: New Evidence Using Quantile Regression Methods ,"
NBER Working Papers
4734, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Levhari, David & Weiss, Yoram, 1974.
"The Effect of Risk on the Investment in Human Capital ,"
American Economic Review ,
American Economic Association, vol. 64(6), pages 950-63, December.
[Downloadable!] (restricted)
Blaise Melly, 2005.
"Public-private sector wage differentials in Germany: Evidence from quantile regression ,"
Empirical Economics ,
Springer, vol. 30(2), pages 505-520, 09.
[Downloadable!] (restricted)
Christian Dustmann & Arthur Van Soest, 1997.
"Wage structures in the private and public sectors in West Germany ,"
Fiscal Studies ,
Institute for Fiscal Studies, vol. 18(3), pages 225-247, August.
[Downloadable!]
Mueller, Richard E., 1998.
"Public-private sector wage differentials in Canada: evidence from quantile regressions ,"
Economics Letters ,
Elsevier, vol. 60(2), pages 229-235, August.
[Downloadable!] (restricted)
Pissarides, Christopher A, 1974.
"Risk, Job Search, and Income Distribution ,"
Journal of Political Economy ,
University of Chicago Press, vol. 82(6), pages 1255-67, Nov.-Dec..
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Baron, Juan & Cobb-Clark, Deborah, 2008.
"Occupational Segregation and the Gender Wage Gap in Private- and Public-Sector Employment: A Distributional Analysis ,"
IZA Discussion Papers
3562, Institute for the Study of Labor (IZA).
[Downloadable!]
Pfeifer, Christian, 2008.
"A Note on Risk Aversion and Labour Market Outcomes: Further Evidence from German Survey Data ,"
IZA Discussion Papers
3523, Institute for the Study of Labor (IZA).
[Downloadable!]
Chzhen, Yekaterina & Mumford, Karen A., 2009.
"Gender Gaps across the Earnings Distribution in Britain: Are Women Bossy Enough? ,"
IZA Discussion Papers
4331, Institute for the Study of Labor (IZA).
[Downloadable!]
Access and
download statistics Did you know? There are over 21000 authors registered on RePEc Author Service .
This page was last updated on 2009-11-23.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .