Using a longitudinal matched employer-employee data set for Portugal over the 1986-2005 period, this study analyzes the heterogeneity in wages responses to aggregate labor market conditions for newly hired workers and existing workers. Accounting for both worker and firm heterogeneity, the data...

There is a renewed interest in the dynamic effects of tax cuts on government revenue. The possibility of tax cuts paying for themselves over time definitely seems like an attractive option for policy makers. This paper looks at what conditions are required for reductions in capital taxes to be...

Why is there greater variability in individual longevity in some populations than in others? We propose a decomposition method designed to address that question by quantifying the effects of population differences in the spread, allocation, and timing of the principal causes of death. Applying...

En la zona del euro, la composición del empleo experimentó variaciones significativas desde el comienzo de la crisis financiera, particularmente en lo referente a la edad y al nivel educativo de los asalariados, así como en la incidencia de la contratación temporal. En este trabajo se...