From Lifetime Jobs to Churning?

Swiss Journal of Economics and Statistics, 150(3): 227-260

Posted: 11 Dec 2010 Last revised: 16 Dec 2014

See all articles by Giovanni Ferro-Luzzi

Giovanni Ferro-Luzzi

University of Geneva

Sylvain Weber

University of Neuchatel - Institute for Research in Economics (IRENE)

Date Written: 2014

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.

Keywords: job stability, tenure, lifetime jobs, duration models, Switzerland.

JEL Classification: J63, J62, C41

Suggested Citation

Ferro-Luzzi, Giovanni and Weber, Sylvain, From Lifetime Jobs to Churning? (2014). Swiss Journal of Economics and Statistics, 150(3): 227-260, Available at SSRN: https://ssrn.com/abstract=1723282 or http://dx.doi.org/10.2139/ssrn.1723282

Giovanni Ferro-Luzzi

University of Geneva ( email )

Fac SES-DSE (Unimail)
40, Boulevard du Pont-d'Arve
Genève 4, CH - 1211
Switzerland
+41223798266 (Phone)
+41223798293 (Fax)

HOME PAGE: http://www.unige.ch/ses/ecopo/Staff/maitresass/ferroluzzig.html

Sylvain Weber (Contact Author)

University of Neuchatel - Institute for Research in Economics (IRENE) ( email )

A.-L. Breguet 2
Neuchatel, 2000
Switzerland
+41327181442 (Phone)

HOME PAGE: http://www2.unine.ch/irene/lang/en/collaborateurs/sylvain_weber

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