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Part-Time Work, Fixed-Term Contracts, and the Returns to Experience

Listed author(s):
  • Daniel Fernández-Kranz
  • Marie Paul
  • Núria Rodríguez-Planas

type="main" xml:id="obes12073-abs-0001"> Using data from Spanish Social Security records, we investigate the returns to experience for female workers in different flexible work arrangements. Our model consists of four random-effects equations simultaneously estimated using Markov Chain Monte Carlo techniques. We find a large negative wage effect of working part-time (PT), which differs by motherhood status and contract type. We also find that working PT involves lower returns to experience than standard full-time employment and thus a substantial negative wage effect accumulates over time for those employed PT. Finally, our simulations reveal that working PT also raises the probability of working under a fixed-term contract.

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File URL: http://hdl.handle.net/10.1111/obes.2015.77.issue-4
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Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics and Statistics.

Volume (Year): 77 (2015)
Issue (Month): 4 (08)
Pages: 512-541

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Handle: RePEc:bla:obuest:v:77:y:2015:i:4:p:512-541
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