The Path to Labor Stability for Young Spanish Workers during the Great Recession

  1. Moreno Raymundo, Gloria 1
  2. Cebrián López, Inmaculada 1
  1. 1 Universidad de Alcalá
    info

    Universidad de Alcalá

    Alcalá de Henares, España

    ROR https://ror.org/04pmn0e78

Journal:
Cuadernos de economía ( Santafé de Bogotá )

ISSN: 0121-4772

Year of publication: 2024

Volume: 43

Issue: 91

Pages: 195-229

Type: Article

DOI: 10.15446/CUAD.ECON.V43N91.97625 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

More publications in: Cuadernos de economía ( Santafé de Bogotá )

Abstract

The Great Recession (2008-2013) worsened the labor market position of young Spaniards. despite governments launched labor market reforms in 2010 y 2012 to improve labor stability, permanent employment accounted for only 10 percent of total new contracts. This paper tries to disentangle which factors are hindering the promotion of open-ended contracts to stabilize Spanish young workers into permanent employment. These analysis use panel data from the MCVL (Muestra Continua de Vidas Laborales). The results indicate that, although having an open-ended contract increases the probability of being employed after two years, only 50 percent of these initial contracts survive. The structure of labor demand explains this instability.

Bibliographic References

  • AIReF (2018). Spending review. Study on the active labour market policies programme. https://www.airef.es/en/document-center/studies-document-center/active-labour-market-policies-programme/
  • Arulampalam, W., Gregg, P., & Gregory, M. (2001). Introduction: Unemployment scarring. The Economic Journal, 111(475), 577-584. http://www.jstor.org/stable/798306
  • Ayllón, S. (2014): Youth poverty, employment, and leaving the parental home in Europe. Review of Income and Wealth International Association for Research in Income and Wealth, 61(4), 651-676. https://doi.org/10.1111/roiw.12122
  • Bell, D. N. F., & Blanchflower, D. G. (2011). Young people and the Great Recession. Oxford Review of Economic Policy, 27(2), 241-267. http://www.jstor.org/stable/43744473
  • Bentolila, S., Felgueroso, F., Jansen, M. y Jimeno, J. F. (2021). Lost in Recession: Youth Employment and Earnings in Spain (Nº eee2021- 12). FEDEA. Recuperado de: https://documentos.fedea.net/pubs/eee/eee2021-12.pdf
  • Bentolila, S., Dolado, J. J., Franz, W., & Pissarides, C. (1994). Labour flexibility and wages: Lessons from Spain. Economic Policy, 9(18), 53-99.
  • Bosca, J. E., Domenech, R., Ferri, J., Pallardó, V., & Ulloa, C. (2023). La economía española en el primer año de la guerra de Ucrania. Observatorio sobre el Ciclo Económico en España Estudios sobre la Economía Española 2023/12.
  • Cahuc, P. (2014). Search, flows, job creations and destructions (IZA Discussion Papers, No. 8173). http://dx.doi.org/10.2139/ssrn.2441469
  • Cantó, O., Cebrián, I., & Moreno, G. (2022). Youth living arrangements and household employment deprivation: Evidence from Spain. Journal of Family Research, 34(2), 724-756. https://doi.org/10.20377/jfr-729
  • Cebrián, I., & Moreno, G. (2015). La efectividad de las reformas laborales en el empleo de los jóvenes. Revista de Economía Laboral, 12(1), 128-163.
  • Cebrián, I., Moreno, G., & Toharia, L. (2011). La estabilidad laboral y los programas de fomento de la contratación indefinida. Hacienda Pública Española, 198, 103-130. https://hpe-rpe.org/published-articles/#16-74-wpfd-198-3-2011
  • Cebrián, I., & Toharia, L. (2008). La entrada en el mercado de trabajo español: un análisis basado en la Muestra Continua de Vidas Laborales. Revista de Economía Aplicada, 16, 137-172. https://www.revecap.alde.es/revista/default.html
  • Conde-Ruiz, J. I., Felgueroso, F., & García-Pérez, J. I. (2011) Una primera evaluación y propuestas de mejora. Revista de Economía Aplicada, 19, 147-180. https://www.revecap.alde.es/revista/numeros/57/conde_felgueroso_garcia.html
  • Countouris, N., Deakin, S., Freedland, M., Koukiadaki, A., & Prassl, J. (2016). Report on Temporary Employment Agencies and Temporary 222 Cuadernos de Economía, 43(91), enero-junio 2024 Agency Work. International Labour Office, http://www.ilo.org/global/about-the-ilo/how-the-ilo-works/departments-and-offices/governance/WCMS_541655/lang--en/index.htm
  • Cox, D. R. (1972). Regression models and life tables (with discussion). Journal of the Royal Statitistical Society Series B, 34, 187-220.
  • Escudero, R. (2016). Jóvenes y empleo. Una mirada desde el derecho, la sociología y la economía. Centro Reina Sofía sobre Adolescencia y Juventud, https://www.centroreinasofia.org/publicacion/jovenes-y-empleo-una-mirada-desde-el-derecho-la-sociologia-y-la-economia/
  • European Comision (2017). Investment in human capital - Assessing the efficiency of public spending on education ares http://www.eib.org/attachments/general/events/european-network-for-research-on-investment-session4-voigt-ec-dgecfin.pdf
  • Febrero, E., & Uxó, J. (2011). Constraints and alternatives for employment and output growth: Spain during the Great Recession. Journal of Contemporary. European Studies, 19, 63-81. https://doi.org/10.1080/14782804.2011.554194
  • Felgueroso, F., García-Pérez, J. I., Jansen, M., & Troncoso-Ponce, D. (2018). The surge in short-duration dontracts in Spain. De Economist, 166, 503-534. http://link.springer.com/10.1007/s10645-018-9319-x
  • Fundación BBVA-IVIE (2019). Temporalidad laboral en las regiones españolas. Esenciales, 35.
  • García-Pérez, J. I., Marinescu, I., & Castello, J. V. (2019). Can fixedterm contracts put low skilled youth on a better career path? Evidence from Spain. The Economic Journal, 129, 1693-1730. http://hdl.handle.net/10.1111/ecoj.12621
  • García-Pérez, J. I., & Muñoz-Bullón, F. (2011). Transitions into permanent employment in Spain: An empirical analysis for young workers. British Journal of Industrial Relations, 49, 103-143 http://hdl.handle.net/10.1111/j.1467-8543.2009.00750.x
  • Gregg, P., Scutella, R., & Wadsworth, J. (2004). Reconciling workless measures at the individual and household level: Theory and evidence from the United States, Britain, Germany, Spain and Australia (CEP Discussion Paper 635). http://eprints.lse.ac.uk/19954/1/Reconciling_Workless_Measures_at_the_Individual_and_Household_Level_Theory_and_Evidence_from_the_United_States%2C_Britain%2C_Germany%2C_Spain_and_Australia.pdf
  • Güell, M., & Petrongolo, B. (2007). How binding are legal limits? Transitions from temporary to permanent work in Spain. Labour Economics, 14, 153-183 http://dx.doi.org/10.1016/j.labeco.2005.09.001
  • Hernández-Díez, E., & Gentile, A. (2015). Diseño y aplicación de la garantía juvenil en España. Ponencia en el V Congreso de la Red Española de Política Social
  • ILO (2014). Global Employment Trends for Youth 2013. https://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_212423.pdf
  • López Ahumada, J. E. (2021). Reflexiones sobre la situación del empleo juvenil y el fomento de su empleabilidad mercado de trabajo y políticas de empleo en la Unión europea y España,: Estudios Latinoamericanos de Relaciones Laborales y Protección Social, 12, 21-37.
  • O’Higgins, N. (2012). This time it’s different? Youth labour markets during ‘The Great Recession’ Comparative Economic Studies, Palgrave Macmillan; Association for Comparative Economic Studies, 54(2), 395-412. https://ideas.repec.org/s/pal/compes.html
  • OECD. (2014). Employment Outlook 2014. OECD.
  • Picatoste, X., Novo-Corti, I., & Membiela-Pollán, M. (2022). Calidad del empleo juvenil en el contexto de la OCDE. Revista de Economía Mundial, (62), 125-150. https://doi.org/10.33776/rem.vi62.6944
  • Rebollo-Sanz, Y. F., & García-Pérez, J. I. (2009). Do wage subsidies affect the subsequent employment stability of permanent workers?: [sic] The case of Spain. Moneda y Crédito, 228, 65-103. https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&doi=f0fc59601805007145fec143a967aaabf0ce4c7c
  • Rocha, F.(2012) Youth unemployment in Spain: Situation and policy recommendations. Friedrich-Ebert-Stiftung International Dialogue.
  • Ruesga, S., Valdés, F,. , Gómez, V., Cruz, J., Pérez-Infante, J. I., Sala, T., & Cebrián, I. (2016). Reformas Laborales en la Gran Recesión, Tirant lo Blanch.
  • Toharia, L., & Cebrián, I, (2007). La temporalidad en el empleo: atrapamiento y trayectorias. Ministerio de Trabajo y Asuntos Sociales.
  • Úbeda, M., Cabasés, M. À., Sabaté, M., & Strecker, T. (2020). The deterioration of the spanish youth labour market (1985-2015): An interdisciplinary case study. Young, 28(5), 544-563. https://doi.org/10.1177/1103308820914838