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Workers make job choices based in part on their income risk preferences. But how important is risk matching for long-run job satisfaction? Empirical research has been limited because job choices are endogenous, hindering identification of causal effects. We circumvent these problems by using data from the natural experiment of German Reunification. Pre-reunification East Germans chose jobs in a socialist environment without market income risk. These jobs were then exposed to market risksdoi:10.1016/j.socec.2016.08.003 fatcat:likpauyrpna4tj4ksw6reneq5e