Is There Still A Chance Of Finding A Stable Job? Evidence From A University In Southern Italy
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.
|Date of creation:||Nov 2010|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +39 0984 492413
Fax: +39 0984 492421
Web page: http://www.unical.it/portale/strutture/dipartimenti_240/disesf/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:clb:wpaper:201021. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Giovanni Dodero)
If references are entirely missing, you can add them using this form.