Abstract:
We investigate the determinants of exit rates from unemployment to permanent and temporary jobs. First, we present a theoretical model to discuss the effects of reservation wages, unemployment benefits and job offers on the exit probabilities to permanent and temporary jobs. Then, using micro data from the Spanish Labour Force Survey we estimate a multinomial duration model, including unemployment benefits, the cycle and personal characteristics. Important differential effects are unmasked by distinguishing by type of employment. The negative impact of receiving benefits dominates the combined effect of business cycle variables in exits to temporary employment but not to permanent jobs. (Copyright: Fundación SEPI)
Investigaciones Economicas is edited by Antonio Cabrales and Pedro Mira
More articles in Investigaciones Economicas from Fundación SEPI Address: Investigaciones Economicas Fundación SEPI Quintana, 2 (planta 3) 28008 Madrid Spain Series data maintained by Isabel Sánchez-Seco ().
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