Oxford Bulletin of Economics and Statistics · 2014 · 35 citations · 37 references
Social SciencesEconomicsContract TheoryLabor EconomicsLabor Market AnalysisEmploymentFixed-term EmploymentFixed-term Employment ContractsGender And WorkPart-time EmploymentPersonnel EconomicsFixed-term Part-time EmploymentMarkov Chain Monte Carlo EstimationMarkov Chain Monte Carlo InferencePart-time Employment ContractsPart-time Work AgreementsPart-time Work AnalysisPart-time Work ContractsWork Experience Returns
Abstract Using data from Spanish Social Security records, we investigate the returns to experience for female workers in different flexible work arrangements. Our model consists of four random‐effects equations simultaneously estimated using Markov Chain Monte Carlo techniques. We find a large negative wage effect of working part‐time (PT), which differs by motherhood status and contract type. We also find that working PT involves lower returns to experience than standard full‐time employment and thus a substantial negative wage effect accumulates over time for those employed PT. Finally, our simulations reveal that working PT also raises the probability of working under a fixed‐term contract.
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On the Pooling of Time Series and Cross Section Data
Yair Mundlak · Econometrica · 1978 · 5.2K citations