Dual labor markets in Spain: a firm-side perspective

Iván Auciello-Estévez, Josep Pijoan-Mas, Pau Roldan-Blanco and Federico Tagliati
Additional contact information
Iván Auciello-Estévez: Banco de España

No 2310, Occasional Papers from Banco de España

Abstract: Using comprehensive balance-sheet data for Spain, we document the use of fixed-term and open-ended contracts by firms over the period 2004-2019. We show that the use of temporary contracts is very heterogeneous across firms, with the distribution of the temporary share being severely right-skewed: the median share of temporary employment is only 3%, while the average is 18%. Part of this variation is related to the sector and region where firms operate as well as to the macroeconomic cycle. However, around 80% of the variation reflects differences across firms operating in the same industry, in the same location and at the same point of the business cycle. At the individual level, even after controlling for sector and region, we observe that larger and younger firms make more extensive use of temporary contracts.

Keywords: dual labor markets; temporary contracts; unemployment (search for similar items in EconPapers)
JEL-codes: D83 E24 J41 L11 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2023-04
New Economics Papers: this item is included in nep-eur and nep-lma
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.bde.es/f/webbde/SES/Secciones/Publicac ... 23/Files/do2310e.pdf First version, April 2023 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bde:opaper:2310

DOI: 10.53479/29869

Access Statistics for this paper

More papers in Occasional Papers from Banco de España Contact information at EDIRC.
Bibliographic data for series maintained by Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España ().