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New job matches and their stability before and during the crisis

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 individua...

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Bibliographic Details
Published in:International journal of manpower 2017-01, Vol.38 (7), p.975-995
Main Authors: Nagore, Amparo García, Soest, Arthur van
Format: Article
Language:English
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Summary: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.
ISSN:0143-7720
1758-6577
DOI:10.1108/IJM-05-2017-0104