Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51919 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5815
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Using data from Spanish Social Security records, we investigate the returns to experience in different flexible work arrangements, including part-time and full-time work, and permanent and fixed-term contracts. We use a trivariate random effects model which consists of a three-equation system that is estimated simultaneously by Markov Chain Monte Carlo techniques. Our results indicate that there is a large pay gap for working part-time which persists many years after having resumed full-time work. We also find that working part-time involves lower returns to experience than standard full-time employment and thus a substantial negative wage differential for those employed part-time accumulates over time. Finally, we find that heterogeneity exist by contract type and motherhood status.
Subjects: 
fixed-term and permanent contracts
part-time employment
returns to experience of differential work histories
random effects models
MCMC
motherhood
JEL: 
J16
J24
J31
J41
C11
C33
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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