TY  - RPRT
        AU  - Saint-Paul, Gilles
        TI  - Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?
        PY  - 2000/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 144
        UR  - https://www.iza.org/publications/dp144
        AB  - In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much higher, putting Spain half-way between France and the US. This suggests that while Spain has borne the full cost of its labor market reforms in terms of job precarity, the benefits in terms of job creation have been quite modest. We hypothesize that this has been due to the reform’s credibility being imperfect, which leads to expectation of reversal.
        KW  - labor market flows
KW  - job finding
KW  - job loss
KW  - flexibility
KW  - temporary contracts
KW  - labor market reform
KW  - Unemployment
KW  - unemployment duration
KW  - unemployment recurrence
KW  - on the job search
KW  - labor force composition
        ER  -