%0 Report
        %A Cappellari, Lorenzo
%A Leonardi, Marco
        %T Earnings Instability and Tenure
        %D 2006
        %8 2006 Dec
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 2527
        %U https://www.iza.org/index.php/publications/dp2527
        %X This paper develops a tractable empirical approach to estimate the effect of on-the-job tenure on the permanent and the transitory variance of earnings. The model is also used to evaluate earnings instability associated with fixed-term contracts (short-tenure contracts) in Italy. Our results indicate that each year of tenure on the job reduces earnings instability on average by 15%. Workers on a fixed-term contract on average have an earnings instability 10% higher than workers on a permanent contract. Workers who spend their entire working life on fixed-term contracts can expect an earnings instability twice as high.
        %K temporary contracts
%K tenure
%K earnings dynamics
%K earnings instability
%K minimum distance estimation