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Is There Still A Chance Of Finding A Stable Job? Evidence From A University In Southern Italy

Listed author(s):
  • Rosetta Lombardo


  • Giuliana De Luca


  • Giovanni Passarelli


    (Dipartimento di Economia e Statistica, Università della Calabria)

Registered author(s):

    Differing characteristics in the labour market and educational system may lead to different outcomes both in terms of the speed of finding a job and of the job’s stability. We investigate whether having occupational specific human capital, as measured by the field of study, is associated with a higher probability of finding a stable job in a labour market which is flexible as regards atypical jobs but highly protective regarding stable jobs. We apply a discrete-time hazard model, taking into account unobservable heterogeneity, to analyse the transition to a stable job of students who graduated from the University of Calabria in 2004, at one, three and five years distance. Main findings indicate that, after controlling for a wide range of characteristics, Economics and Business graduates have a lower probability of finding a stable job than graduates in Engineering, followed by those with a degree in Sciences, Political Science, and Humanities. These results confirm that, even in a deprived area, investing in occupational specific human capital can be seen as an “insurance” against the risk of unemployment or unstable jobs.

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    File Function: First version, 2010-11
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    Paper provided by Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF in its series Working Papers with number 201021.

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    Length: 28 pages
    Date of creation: Nov 2010
    Handle: RePEc:clb:wpaper:201021
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    Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania", Ponte Pietro Bucci, Cubo 0/C, I-87036 Arcavacata di Rende, CS, Italy

    Phone: +39 0984 492413
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