Table 1 Distribution of observations (a)
From: Real wage responsiveness to unemployment in Spain: asymmetries along the business cycle
Recession | Expansion | Expansion | Recesion | ||
|---|---|---|---|---|---|
Total | Unemp. High | Unemp. High | Unemp. Low | Unemp. Low | |
(1) | (2) | (3) | (4) | ||
New hires | 17.7 | 13.7 | 20.4 | 18.8 | 15.4 |
Job movers | 13.1 | 8.2 | 11.4 | 16.3 | 11.0 |
Tenure 1-2 | 14.3 | 11.6 | 13.9 | 15.4 | 15.4 |
Tenure 2-4 | 17.6 | 18.2 | 15.5 | 17.7 | 19.8 |
Tenure 4-6 | 10.9 | 13.8 | 9.9 | 10.1 | 11.0 |
Tenure 6+ | 26.4 | 34.4 | 28.9 | 21.7 | 27.5 |
Permanent | 68. | 78.6 | 70.6 | 62.9 | 74.2 |
Fixed-term | 31.1 | 21.4 | 29.4 | 37.1 | 25.8 |
16-29 | 27.6 | 18.2 | 32.3 | 30.6 | 24.3 |
30-45 | 46.8 | 51.1 | 44.7 | 45.3 | 49.0 |
45+ | 25.6 | 30.7 | 23.0 | 24.1 | 26.8 |
Number of observations (First stage) | 12,473,369 | 2,716,514 | 2,340,325 | 6,203,384 | 1,213,146 |
Number of individuals (First stage) | 163,447 | 99,295 | 76,317 | 138,472 | 94,739 |