%0 Report
        %A Fernández-Kranz, Daniel
%A Paul, Marie Elina
%A Rodríguez-Planas, Núria
        %T Part-Time Work, Fixed-Term Contracts, and the Returns to Experience
        %D 2011
        %8 2011 Jun
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 5815
        %U https://www.iza.org/index.php/publications/dp5815
        %X Using data from Spanish Social Security records, we investigate the returns to experience in different flexible work arrangements, including part-time and full-time work, and permanent and fixed-term contracts. We use a trivariate random effects model which consists of a three-equation system that is estimated simultaneously by Markov Chain Monte Carlo techniques. Our results indicate that there is a large pay gap for working part-time which persists many years after having resumed full-time work. We also find that working part-time involves lower returns to experience than standard full-time employment and thus a substantial negative wage differential for those employed part-time accumulates over time. Finally, we find that heterogeneity exist by contract type and motherhood status.
        %K returns to experience of differential work histories
%K random effects models
%K fixed-term and permanent contracts
%K MCMC
%K part-time employment
%K motherhood