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Wage inequality in Portugal increased over the last quarter of century. The period from 1982 to 1995 witnessed strong …
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Real exchange rate movements are important drivers of the reallocation of resources between sectors of the economy. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition and with the technology level. This paper...
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This study investigates real wage cyclicality in Portugal for the years of 1986-98, addressing the heterogeneity in …
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jobs. We illustrate the methodology by applying it to data from an annual census of employers in Portugal over the period … 1982-2007. We find that real entry wages in Portugal over this period tend to be about 1.8 percent higher when the …
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