Job Security and Job Protection

Andrew Clark () and Fabien Postel-Vinay ()

No 4927, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and OECD summary measures of Employment Protection Legislation (EPL) strictness on one hand, and Unemployment Insurance Benefit (UIB) generosity on the other. We find that, after controlling for selection into job types, workers feel most secure in permanent public sector jobs, least secure in temporary jobs, with permanent private sector jobs occupying an intermediate position. We also find that perceived job security in both permanent private and temporary jobs is positively correlated with UIB generosity, while the relationship with EPL strictness is negative: workers feel less secure in countries where jobs are more protected. These correlations are absent for permanent public jobs, suggesting that such jobs are perceived, by and large, to be insulated from labour market fluctuations.

Keywords: employment protection legislation; perceived job security; unemployment insurance benefits (search for similar items in EconPapers)
JEL-codes: I31 J28 J65 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec, nep-lab, nep-ltv and nep-reg
Date: Written
View list of references View citations in EconPapers

Downloads: (external link)
http://www.cepr.org/pubs/dps/DP4927.asp (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: Job Security and Job Protection (2005)
Working Paper: Job Security and Job Protection (2005)
Working Paper: Job security and job protection (2004)
Journal Article: Job security and job protection (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cpr:ceprdp:4927

Ordering information: This working paper can be ordered from
http://www.cepr.org/pubs/dps/DP4927.asp

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers
Address: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG
Series data maintained by ().