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LABOR CONTRACTS AND FLEXIBILITY: EVIDENCE FROM A LABOR MARKET REFORM IN SPAIN

机译:劳动合同和灵活性:西班牙劳动力市场改革的证据

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This paper evaluates the effects of a labor market reform in Spain that removed restrictions on fixed-term or temporary contracts. Our empirical results are based on longitudinal firm-level data that cover observations before and after the reform. We posit and estimate a dynamic labor demand model with indefinite and fixed-term labor contracts, and a general structure of labor adjustment costs. Experiments using the estimated model show important positive effects of the reform on total employment (i.e., a 3.5% increase) and job turnover. There is a strong substitution of permanent by temporary workers (i.e., a 10% decline in permanent employment). The effects on labor productivity and the value of firms are very small. In contrast, a counterfactual reform that halved all firing costs would produce the same employment increase as the actual reform, but much larger improvements in productivity and in the value of firms. (JEL J23, J32, J41)
机译:本文评估了西班牙劳动力市场改革的效果,该改革取消了对定期合同或临时合同的限制。我们的实证结果是基于纵向公司层面的数据,涵盖了改革前后的观察结果。我们提出并估计具有不确定和固定期限的劳动合同以及劳动力调整成本的一般结构的动态劳动力需求模型。使用估算模型的实验表明,改革对总就业(即增长3.5%)和工作流失具有重要的积极影响。临时工大力替代了长期工(即永久性就业人数减少了10%)。对劳动生产率和企业价值的影响很小。相比之下,将所有解雇成本减少一半的反事实性改革将产生与实际改革相同的就业增长,但是生产率和企业价值的提高幅度更大。 (JEL J23,J32,J41)

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  • 来源
    《Economic inquiry》 |2014年第2期|930-957|共28页
  • 作者单位

    Department of Economics, University of Toronto, Toronto, Ontario M5S 3G7, Canada;

    Department of Economics, Universidad Carlos III de Madrid, Madrid 28229, Spain;

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