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Do Job Security Guarantees Work?

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Author Info
Alex Bryson
Lorenzo Cappellari
Claudio Lucifora

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Abstract

We investigate the effect of employer job security guarantees on employee perceptions of jobsecurity. Using linked employer-employee data from the 1998 British Workplace EmployeeRelations Survey, we find job security guarantees reduce employee perceptions of jobinsecurity. This finding is robust to endogenous selection of job security guarantees byemployers engaging in organisational change and workforce reductions. Furthermore, thereis no evidence that increased job security through job guarantees results in greater workintensification, stress, or lower job satisfaction.

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Publisher Info
Paper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0661.

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Date of creation: Nov 2004
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Handle: RePEc:cep:cepdps:dp0661

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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP

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Related research
Keywords: Job insecurity; job guarantees; linked employer-employee data;

Other versions of this item:

Find related papers by JEL classification:
J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions
J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs

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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.:
  1. Stephen Nickell & Patricia Jones & Glenda Quintini, 2002. "A Picture of Job Insecurity Facing British Men," Economic Journal, Royal Economic Society, vol. 112(476), pages 1-27, January. [Downloadable!] (restricted)
    Other versions:
  2. Akerlof, George A, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, MIT Press, vol. 97(4), pages 543-69, November. [Downloadable!] (restricted)
  3. Charles F. Manski, 2004. "Measuring Expectations," Econometrica, Econometric Society, vol. 72(5), pages 1329-1376, 09. [Downloadable!] (restricted)
  4. J Doling & J Ford, 1996. "The new homeownership: the impact of labour market developments on attitudes toward owning your own home," Environment and Planning A, Pion Ltd, London, vol. 28(1), pages 157-172, January. [Downloadable!] (restricted)
  5. Heckman, James J, 1978. "Dummy Endogenous Variables in a Simultaneous Equation System," Econometrica, Econometric Society, vol. 46(4), pages 931-59, July. [Downloadable!] (restricted)
    Other versions:
  6. Green, Francis & Felstead, Alan & Burchell, Brendan, 2000. " Job Insecurity and the Difficulty of Regaining Employment: An Empirical Study of Unemployment Expectations," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 62(0), pages 855-83, Special I. [Downloadable!] (restricted)
  7. Francis Green, 2003. "The Rise and Decline of Job Insecurity," Studies in Economics 0305, Department of Economics, University of Kent. [Downloadable!]
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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.)

  1. Alex Bryson & Michael White, 2006. "Unions, Within-Workplace Job Cuts and Job Security Guarantees," CEP Discussion Papers dp0733, Centre for Economic Performance, LSE. [Downloadable!]
  2. Alex Bryson & Michael White, 2006. "Unions, Job Reductions and Job Security Guarantees: the Experience of British Employees," CEP Discussion Papers dp0745, Centre for Economic Performance, LSE. [Downloadable!]
  3. Olmo Silva, 2004. "Entrepreneurship: Can the Jack-of-All-Trades Attitude be Aquired?," CEP Discussion Papers dp0665, Centre for Economic Performance, LSE. [Downloadable!]
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This page was last updated on 2009-12-13.

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