New Job Matches and their Stability before and during the Crisis

A. Nagore Garcia, Arthur van Soest

Research output: Working paperDiscussion paperOther research output

Abstract

Using administrative data from the Spanish Social Security Administration, we analyse the nature and stability of job matches starting during the economic boom in 2005 and during the recession in 2009. We 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. We 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. The positive relation between job stability and firm size is stronger during the recession than during the boom.
LanguageEnglish
Place of PublicationTilburg
PublisherEconometrics
Number of pages35
Volume2016-033
Publication statusPublished - 1 Sep 2016

Publication series

NameCentER Discussion Paper
Volume2016-033

Fingerprint

Unemployment
Recession
Social security administration
Individual characteristics
Immigrants
Firm size
Competing risks model
Firm characteristics
Unemployment rate
Economics
Economic crisis
Job characteristics
Administrative data
Qualification

Keywords

  • job tenure
  • business cycle
  • job-separations

Cite this

Nagore Garcia, A., & van Soest, A. (2016). New Job Matches and their Stability before and during the Crisis. (CentER Discussion Paper; Vol. 2016-033). Tilburg: Econometrics.
Nagore Garcia, A. ; van Soest, Arthur. / New Job Matches and their Stability before and during the Crisis. Tilburg : Econometrics, 2016. (CentER Discussion Paper).
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Nagore Garcia, A & van Soest, A 2016 'New Job Matches and their Stability before and during the Crisis' CentER Discussion Paper, vol. 2016-033, Econometrics, Tilburg.

New Job Matches and their Stability before and during the Crisis. / Nagore Garcia, A.; van Soest, Arthur.

Tilburg : Econometrics, 2016. (CentER Discussion Paper; Vol. 2016-033).

Research output: Working paperDiscussion paperOther research output

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AU - van Soest, Arthur

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N2 - Using administrative data from the Spanish Social Security Administration, we analyse the nature and stability of job matches starting during the economic boom in 2005 and during the recession in 2009. We 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. We 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. The positive relation between job stability and firm size is stronger during the recession than during the boom.

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KW - job-separations

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Nagore Garcia A, van Soest A. New Job Matches and their Stability before and during the Crisis. Tilburg: Econometrics. 2016 Sep 1. (CentER Discussion Paper).