Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20994
Authors: 
Saint-Paul, Gilles
Year of Publication: 
2000
Series/Report no.: 
IZA Discussion paper series 144
Abstract: 
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much higher, putting Spain half-way between France and the US. This suggests that while Spain has borne the full cost of its labor market reforms in terms of job precarity, the benefits in terms of job creation have been quite modest. We hypothesize that this has been due to the reform's credibility being imperfect, which leads to expectation of reversal.
Subjects: 
Unemployment
flexibility
temporary contracts
unemployment duration
unemployment recurrence
on the job search
labor force composition
JEL: 
J20
J21
J23
J63
J41
J42
E24
Document Type: 
Working Paper

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