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Wage inequality in Portugal increased over the last quarter of century. The period from 1982 to 1995 witnessed strong increases in both upper- and lower-tail inequality. A shortage of skills combined with skill-biased technological changes are at the core of this evolution. Since 1995,...
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Portuguese firms engage in intense reallocation, most employers simultaneously hire andseparate from workers, resulting in a large heterogeneity of flows and excess turnover. Largeand older firms have lower flows, but high excess turnover rates. In small firms, hires andseparations move...
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This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and...
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