Individual Risk Aversion and Public Sector Socialization: Evidence From a Longitudinal Study
Review of Public Personnel Administration: The Journal of Public Human Resource Management
Published online on January 06, 2026
Abstract
Review of Public Personnel Administration, Ahead of Print.
Does working in the public sector make people more risk averse? Using longitudinal data from the German Socio-Economic Panel (SOEP, 2008–2018), this study examines whether public sector work experience influences individual risk aversion over time. Fixed-...
Does working in the public sector make people more risk averse? Using longitudinal data from the German Socio-Economic Panel (SOEP, 2008–2018), this study examines whether public sector work experience influences individual risk aversion over time. Fixed-...