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Title: Gross Worker Flows: How Does the Spanish Evidence Fit the Stylized Facts?

Author(s): Pablo Antolin

Publication Date: May 1996

Keyword(s): Unemployment and Employment Dynamics

Programme Area(s): Human Resources

Abstract: This paper examines gross worker flows in Spain. Unemployment inflows are counter-cyclical while outflows are a-cyclical. Changes introduced in the Spanish labour market have increased the magnitude and variability of both flows, in particular inflows, without affecting the a-cyclical behaviour of outflows. Engagements and flows into employment from non-employment are pro-cyclical. Separations are a-cyclical, while flows out of employment to non-employment are counter-cyclical. Hence job-to-job movements must be pro-cyclical. Engagements and separations have responded positively to a wider variety of contractual forms. The Spanish evidence seems to be reasonably explained by the existence of a dual labour market between workers under permanent and fixed-term job contracts.

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Bibliographic Reference

Antolin, P. 1996. 'Gross Worker Flows: How Does the Spanish Evidence Fit the Stylized Facts?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1398