Part-time work, fixed-term contracts, and the returns to experience

Arbeitspapier

Using data from Spanish Social Security records, we investigate the returns to experience in different flexible work arrangements, including part-time and full-time work, and permanent and fixed-term contracts. We use a trivariate random effects model which consists of a three-equation system that is estimated simultaneously by Markov Chain Monte Carlo techniques. Our results indicate that there is a large pay gap for working part-time which persists many years after having resumed full-time work. We also find that working part-time involves lower returns to experience than standard full-time employment and thus a substantial negative wage differential for those employed part-time accumulates over time. Finally, we find that heterogeneity exist by contract type and motherhood status.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 5815

Classification and Topics

• Classification: Wirtschaft ; Economics of Gender; Non-labor Discrimination ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials ; Labor Contracts ; Bayesian Analysis: General ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
• Subject: fixed-term and permanent contracts ; part-time employment ; returns to experience of differential work histories ; random effects models ; MCMC ; motherhood

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fernández-Kranz, Daniel ; Paul, Marie ; Rodriguez-Planas, Nuria
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/51919
• URN: urn:nbn:de:101:1-201107042642
• Last update: 10.03.2025, 11:42 AM CET