Carneiro, Anabela; Portugal, Pedro; Varejão, José - Institute for the Study of Labor (IZA) - 2013
In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage …, and the labor market segmentation channel. We uncover what we believe is convincing evidence that the severity of credit … net job creation and higher failure rates of firms. Finally, labor market segmentation seems to have favored a stronger …