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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6966 |
来源ID | Working Paper 6966 |
Has Job Security Vanished in Large Corporations? | |
Steven G. Allen; Robert L. Clark; Sylvester J. Schieber | |
发表日期 | 1999-02-01 |
出版年 | 1999 |
语种 | 英语 |
摘要 | The prevailing wisdom in media accounts is that job stability has vanished, especially for those in large corporations. Academic studies of job stability have found little difference between the 1990s and earlier decades, but these studies have not been able to focus on large firms. This paper provides the first detailed analysis of job stability in large corporations in the 1990s using a sample of 51 firms that are clients of Watson Wyatt Worldwide. We find that mean tenure and the percentage of employees with 10 or more years of service have actually increased in our sample. Even in large firms with shrinking employment, the odds that a worker would be with the same employer five years later were higher than the same odds for the labor market as a whole. There is no evidence that mid-career employees have been singled out in downsizing decisions; their turnover rate is the same in both growing and downsizing firms. Regression analysis shows that the impact of downsizing is still being borne by the most junior workers and that there is no evidence that rising wage differentials by experience are encouraging firms to substitute junior for senior workers. |
主题 | Labor Economics ; Unemployment and Immigration ; Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w6966 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564481 |
推荐引用方式 GB/T 7714 | Steven G. Allen,Robert L. Clark,Sylvester J. Schieber. Has Job Security Vanished in Large Corporations?. 1999. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w6966.pdf(134KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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