The perfect storm: graduating in a recession in a segmented labor market.

Autor/inn/en	Fernández-Kranz, Daniel; Rodríguez-Planas, Núria
Titel	The perfect storm: graduating in a recession in a segmented labor market. Gefälligkeitsübersetzung: Der perfekte Sturm: Beendigung der Ausbildung während einer Rezession auf einem segmentierten Arbeitsmarkt.
Quelle	In: ILR review, 71 (2018) 2, S. 492-524 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0019-7939; 2162-271X
DOI	10.1177/0019793917714205
Schlagwörter	Arbeitslosigkeit; Arbeitsmarkt; Befristeter Arbeitsvertrag; Spanien; Ausbildung; Berufsanfänger; Schulabgänger; Mindestlohn; Rezession; Segmentierung; Tarifverhandlung; Absolvent; Segmentierung; Beschäftigungseffekt; Einkommenseffekt; Mindestlohn; Rezession; Tarifverhandlung; Ausbildung; Arbeitslosigkeit; Arbeitsmarkt; Arbeitsmarktchance; Qualifikationsniveau; Befristeter Arbeitsvertrag; Konjunkturabhängigkeit; Hochschulabsolvent; Absolvent; Berufsanfänger; Schulabgänger; Spanien
Abstract	"Using Spanish Social Security data merged with Labor Force Survey data, this article analyzes the effects of entry labor market conditions on workers' careers two to three decades after graduating in Spain, a country well known for its highly segmented labor market and rigid labor market institutions. In contrast to more flexible labor markets such as in the United States or Canada, the authors find that following a recession the annual earnings losses of individuals without a university degree are greater and more persistent than those of college graduates. For workers without a college degree, the effect is driven by a lower likelihood of employment. For college graduates, the negative impact on earnings is driven by both a higher probability of non-employment and employment in jobs with fixed-term contracts. Although a negative shock increases mobility of college graduates across firms and industries, no earnings recovery occurs for the individual, just secondary labor market job churning. Results are consistent with the tight regulations of the Spanish labor market, such as binding minimum wages and downward wage rigidity caused by collective bargaining agreements." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2018/1