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Changes in the legislation in the mid-80s in Portugal provide remarkably good conditions for analysis of the employment …
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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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In this paper we document the patterns of employment adjustment at the micro-level. We find clear evidence of lumpy adjustment consistent with the presence of non-convexities in the adjustment technology - inaction is pervasive, action spells are short-lived, extreme adjustment episodes occur...
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reform introduced in Portugal in 1994: women's LRA was gradually increased from 62 to 65 years while men's LRA stayed …
Persistent link: https://www.econbiz.de/10003847144
Over the last 15 years, Portugal and the United States have had the same average unemployment rate, about 6.5%. But … behind these similar rates hide two very different labor markets. Unemployment duration in Portugal is more than three times … that of the United States. Symmetrically, the flow of workers into unemployment in Portugal is, in proportion to the labor …
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