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Health Effects of Stress and Insecurity among Employees in the Banking Sector - Comparison with Employees in other Sectors


  • Gianfranco Domenighetti
  • Jacqueline Quaglia
  • Annamaria Fahrlaender
  • Michele Tomamichel
  • Alain Kiener


This study measures, on a representative sample of employees in the banking sector (N=428), the prevalence of 18 work condition factors which may have an influence on the levels of stress and insecurity. The analysis then points out the relationship between these two latter factors and 16 health indicators of subjective morbidity and medical consumption. The main results show a significant increase in the prevalence of subjective morbidity and medical consumption with the increase in exposure to a "medium to high" level of fear of dismissal and to a continuous level of stress in the previous 12 months. The comparative analysis carried out on a representative sample of employees in other economic sectors (N=859) shows that employees in the banking sector declare higher levels of stress and insecurity and show evidence of significantly worse health indicators with respect to those of employees working in other sectors.

Suggested Citation

  • Gianfranco Domenighetti & Jacqueline Quaglia & Annamaria Fahrlaender & Michele Tomamichel & Alain Kiener, 2004. "Health Effects of Stress and Insecurity among Employees in the Banking Sector - Comparison with Employees in other Sectors," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 04.14, Université de Lausanne, Faculté des HEC, DEEP.
  • Handle: RePEc:lau:crdeep:04.14

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    economic development; labour market; unemployment; job insecurity; deprivation; health; public health; health impact assessment;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • K2 - Law and Economics - - Regulation and Business Law
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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