%0 Journal Article
%T Field of Study and Transition into a Stable Job: The Case of a University in Southern Italy
%A Rosetta Lombardo
%A Giuliana De Luca
%A Giovanni Passarelli
%J International Journal of Economics and Finance
%D 2012
%I 
%R 10.5539/ijef.v4n2p69
%X In this paper, we investigate the relationship between a graduate¡¯s field of study and probability of finding a stable job in a labor market which is flexible as regards atypical jobs but highly protective regarding stable jobs. We apply a discrete-time hazard model, taking into account unobservable heterogeneity, to analyze the transition to a stable job of students who graduated from the University of Calabria in 2004, at one, three and five years distance. Main findings indicate that, after controlling for a wide range of characteristics, Engineering graduates have a higher probability of finding a stable job than graduates in Economics and Business followed by those with a degree in Sciences, Political Science, and Humanities. These results confirm that, even in a deprived area, investing in occupational specific human capital can be seen as an ¡°insurance¡± against the risk of unemployment or an unstable job.
%U http://www.ccsenet.org/journal/index.php/ijef/article/view/14234