Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/126665 
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers No. 9574
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Using administrative records data from the Spanish Social Security Administration, we analyse the nature and stability of job matches starting in two different years: during the economic boom in 2005, and during the recession in 2009. We compare the individual and job and firm characteristics in the two samples and estimate Mixed Proportional Hazard Models distinguishing job-to-job, job-to-unemployment, and other transitions. We 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. The positive relation between job stability and firm size is stronger during the recession.
Subjects: 
job tenure
business cycle
employment transitions
destination states
job-separation rate
JEL: 
J64
C41
E32
Document Type: 
Working Paper

Files in This Item:
File
Size
1.06 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.