%0 Report
        %A Fenoll, Ainoa Aparicio
        %T The Effect of Product Market Competition on Job Instability
        %D 2011
        %8 2011 Apr
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 5669
        %U https://www.iza.org/index.php/publications/dp5669
        %X This paper assesses the impact of product market competition on job instability as proxied by the use of fixed-term labor contracts. Using both worker data from the Spanish Labor Force Survey and firm data from the Spanish Business Strategies Survey, I show that job instability rises with competition. In particular, a one standard deviation increase in competition in an economic sector decreases the probability that a fixed-term worker gets an open-ended contract within that sector in a given year by more than 30%. The effect is identified by means of exogenous shifts in competition brought about by changes in legislation.
        %K product market competition
%K fixed-term employment
%K labor contract