Cappellari, Lorenzo; Leonardi, Marco - Dipartimenti e Istituti di Scienze Economiche, … - 2007
transitory variance of earnings. The model is also used to evaluate the earnings instability associated with fixed-term contract … (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 …