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Employment and Unemployment Transitions in Spain from 1996 to 2005

Author

Listed:
  • Sáez, Felipe

    (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

  • Sánchez-Romero, Miguel

    (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

  • Vera, Joaquín

    (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

Abstract

In this paper, we have studied the employment and nonemployment transitions in Spain from 1996 to 2005. To do so, we have used a multi-state multiepisode duration model and a censored continuous-time Markovian matrix. By using the censored Markovian matrix, we have been able to balance the negative effect that censore has on the estimated parameters. The results obtained suggest that women have a probability of employment six percent lower than men. In addition, we have been able to show that Spanish employees experience three different stages of employment during their first decade in the labor market.

Suggested Citation

  • Sáez, Felipe & Sánchez-Romero, Miguel & Vera, Joaquín, 2007. "Employment and Unemployment Transitions in Spain from 1996 to 2005," Working Papers in Economic Theory 2007/09, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    • Handle: RePEc:uam:wpaper:200709
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    More about this item

    Keywords

    Employment and Nonemployment Transitions; Multi-state Multi-episode Duration Model; Hazard Rate; Censored Continuous-time Markovian Matrix;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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