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From Lifetime Jobs to Churning?

Author

Listed:
  • Sylvain Weber
  • Giovanni Ferro Luzzi
Abstract
Using data over 1991–2008 for Switzerland, we investigate job stability through a series of Cox proportional hazards models. Our baseline results show that employment has become less stable for older male workers, with less noticeable change for other groups. However, when destination states are considered in the model, results indicate that younger workers face more transitions towards unemployment than before, whereas older male workers’ greater instability is caused by an increase in transitions to inactivity. It thus appears that the situation of young workers has deteriorated, while the evolution of older men’s job stability is at least partly explained by the increasing number of early retirements. For women, our results are largely consistent with their increasing participation rate and attachment to the labor market.

Suggested Citation

  • Sylvain Weber & Giovanni Ferro Luzzi, 2014. "From Lifetime Jobs to Churning?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 150(III), pages 227-260, September.
    • Handle: RePEc:ses:arsjes:2014-iii-3
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    References listed on IDEAS

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    Cited by:

    1. Bussolo Maurizio & Capelle Damien & Lokshin Michael M. & Torre Iván & Winkler Hernan, 2023. "Explaining the Evolution of Job Tenure in Europe, 1995–2020," IZA Journal of Labor Policy, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 13(1), pages 1-32, January.
    2. Maurizio Bussolo & Michael M. Lokshin & Nicolás Oviedo & Iván Torre, 2024. "The evolution of job tenure in transition economies," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 32(2), pages 449-471, April.

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    More about this item

    Keywords

    job stability; tenure; lifetime jobs; duration models; Switzerland;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies

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