@TechReport{iza:izadps:dp2527,
            	author={Cappellari, Lorenzo and Leonardi, Marco},
            	title={Earnings Instability and Tenure},
            	year={2006},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2527},
            	url={https://www.iza.org/publications/dp2527},
	abstract={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.},
	keywords={temporary contracts;tenure;earnings dynamics;earnings instability;minimum distance estimation},
            }