New job matches and their stability before and during the crisis
Nagore Garcia,Amparo van Soest,Arthur
Nagore Garcia,Amparo
van Soest,Arthur
Abstract
Purpose Using administrative data from the Spanish Social Security Administration, the purpose of this paper is to analyse the nature and stability of job matches starting during the economic boom in 2005 and during the recession in 2009. Design/methodology/approach The authors compare the individual, job, and firm characteristics in the two samples and estimate a competing risk model distinguishing job-to-job, job-to-unemployment, and other transitions. Findings The authors find that job-to-job transitions are pro-cyclical, while unemployment transitions are counter-cyclical. Individuals most affected by the economic crisis tend to be young males, living in regions with high unemployment rates, with low qualifications and working in manual occupations (particularly construction), and (especially Spanish speaking) immigrants. Originality/value The positive relation between job stability and firm size is stronger during the recession than during the boom.
Description
Date
2017
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Volume Title
Publisher
Research Projects
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Keywords
business cycle, job tenure, job-separations, SDG 1 - No Poverty, SDG 8 - Decent Work and Economic Growth
Citation
Nagore Garcia, A & van Soest, A 2017, 'New job matches and their stability before and during the crisis', International Journal of Manpower, vol. 38, no. 7, pp. 975-995. https://doi.org/10.1108/IJM-05-2017-0104