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

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  • Daniel Fernández-Kranz
  • Marie Paul
  • Núria Rodríguez-Planas

Abstract

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.

Suggested Citation

  • Daniel Fernández-Kranz & Marie Paul & Núria Rodríguez-Planas, 2015. "Part-Time Work, Fixed-Term Contracts, and the Returns to Experience," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(4), pages 512-541, August.
  • Handle: RePEc:bla:obuest:v:77:y:2015:i:4:p:512-541
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    File URL: http://hdl.handle.net/10.1111/obes.2015.77.issue-4
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. J. Ignacio García-Pérez & Ioana Marinescu & Judit Vall Castello, 2014. "Can Fixed-Term Contracts Put Low Skilled Youth on a Better Career Path? Evidence from Spain," Working Papers 2014-08, FEDEA.
    2. Fagan, Colette. & Norman, Helen. & Smith, Mark. & Gonzalez Menendez, María C., 2014. "In search of good quality part-time employment," ILO Working Papers 994839683402676, International Labour Organization.
    3. Ramos, Raul & Sanromá, Esteban & Simón, Hipólito, 2015. "An Analysis of Wage Differentials between Full- and Part-Time Workers in Spain," IZA Discussion Papers 9257, Institute for the Study of Labor (IZA).
    4. Paul, Marie & Fernandez-Kranz, Daniel & Rodriguez-Planas, Nuria, 2014. "The Wage Effects of Fixed-term Contract Employment Revisited: an Investigation Based on Social Security Records," Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100324, Verein für Socialpolitik / German Economic Association.
    5. repec:ilo:ilowps:483968 is not listed on IDEAS

    More about this item

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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