all workers, a wage-productivity elasticity of 1.2, slightly above the one-for-one response predicted by the Mortensen …

This paper provides estimates of the union wage gap in Portugal, a nation until recently lacking independent data on … union density at firm level. Having estimated nonlinear and linear estimates of the effect of union density on the wage gap … sources of the union wage gap. A generalization of this technique is applied for the nonlinear case. We find evidence of a …

In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage … document the very large increase in the incidence of minimum wage earners and nominal wage freezes. We explore three different … channels that may have amplified the employment response to the great recession: the credit channel, the wage rigidity channel …

This paper estimates a wage equation with three high-dimensional fixed effects, using a longitudinal matched employer …-employee dataset covering virtually all Portuguese wage earners over a little more than two decades. The variation in log real hourly … unobserved) and a residual component.It is found that worker permanent heterogeneity is the most important source of wage …

In Portugal, as in many other countries in continental Europe, the collective wage agreements between trade unions and … employer associations that define wage floors for specific job titles are systematically extended to the whole industry. This …-agreed bargained wages. With some trepidation, we call this phenomenon upward nominal wage rigidity, in close symmetry with the …

determinants of union density at firm level are first modeled. Next, we draw upon a very recent study of the union wage premium to … provide summary estimates of the union wage gap for different ranges of union density. Since these estimates fully reflect the … and extensions is viewed as an aspect of downward nominal wage rigidity in deflationary times (the counterpart of "upward …

wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and … after displacement. Potential wage losses of displaced workers can be related to firm, job title, and match heterogeneity in … that enables us to decompose the sources of the wage losses into the contribution of firm, job title, and match fixed …

This paper provides comprehensive and detailed empirical regression analyses of the sources of wage persistence …. Exploring a rich matched employer-employee data set and the estimation of a dynamic panel wage equation with high …-dimensional fixed effects, our empirical results show that permanent unobserved heterogeneity plays a key role in driving wage dynamics …

This study investigates real wage cyclicality in Portugal for the years of 1986-98, addressing the heterogeneity in … procyclical than current wages. This empirical evidence suggests that even micro-data estimates of real wage cyclicality may … conceal a strong procyclical wage behavior, when heterogeneity on wages responses to aggregate conditions between employed …