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In the aftermath of the Global and Financial Crisis (GFC), between 2013 and 2015, the Portuguese government revoked four holidays for both public sector and private employees. We test whether the revocation had an effect on labour productivity in State-Owned Enterprises (SOEs) in Portugal....
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the share of hospital labour costs in the total economy on hospital production, wages and technical change. From the raw … data, we observe a modest growth in hospital production over the whole research period. Strikingly, hospital wages … underwent explosive growth compared to wages in other sectors of the economy in the same timeframe, seemingly disproving the …
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