CAN FIXED-TERM CONTRACTS PUT LOW SKILLED YOUTH ON A BETTER CAREER PATH? EVIDENCE FROM SPAIN

• 成果类型: Article
• 署名作者: Ignacio Garcia-Perez, J.; Marinescu, Ioana; Vall Castello, Judit
• 署名单位: University of Pennsylvania; National Bureau of Economic Research; University of Barcelona; University of Barcelona
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/ecoj.12621
• 发表日期: 2019
• 页码: 1693-1730
• 关键词: labor-market reform; temporary-help jobs; regression discontinuity; permanent employment; transitions; Europe; work

摘要

By reducing the commitmentmade by employers, fixed-term contracts can help low-skilled youth find a first job. However, the long-term impact of fixed-term contracts on these workers' careers may be negative. Using Spanish social security data, we analysed the impact of a large liberalisation in the regulation of fixed-term contracts in 1984. Using a cohort regression discontinuity design, we find that over the first 10 years in the labour market, the reform reduced the number of days worked (by 4.9%) and earnings (by 9.8%). Over 27 years of labour market career, yearly earnings losses amount to a persistent 7.3%.