Using linked employer-employee data, this paper estimates the effect of collective bargaining coverage on wages over an interval of continuing decline in unionism. Unobserved firm and worker heterogeneity is dealt with using two establishment sub-samples, comprising collective bargaining joiners...

The end of the 19th century was marked by several events which were extremely important to Portugal. The consequences of these events would later be responsible for the fall of the Monarchy and, thus, for the birth of the Republic. The first Republic was officially proclaimed on the 5th October...

One of the main implications of the basic target zone model developed by Krugman (1991) is that there is a trade-off between exchange rate volatility and interest rate differential volatility. Using an M-GARCH model we find evidence that such a trade-off existed, prior to the introduction of the...

The Subjective Well-Being status has gained a growing research attention in social sciences during the last decades. The attention given by the academic world to this issue has been followed by the community in general. This line of research is still undeveloped in Portugal, and therefore needs...

Using data from the National Longitudinal Survey of Youth (NLSY79), this paper considers the role of gender in promotion and subsequent earnings development and how this evolves over a career. In its use of three career stages, the study builds on earlier work using the NLSY79 that considers...

This paper analyzes the effects of voter turnout on the vote shares received by the incumbent government. A system of simultaneous equations is estimated using a panel dataset of 278 Portuguese municipalities, for the period 1979-2005, covering 10 legislative elections. The results indicate that...

This study aims to describe the size distribution of Portuguese firms, as measured by annual sales and total assets, between 2006 and 2012, giving an economic interpretation for the evolution of the distribution along the time. Three distributions are fitted to data: the lognormal, the Pareto...

Por razões de natureza política, sem fundamentação económica, a atual crise que se vive em Portugal é apontada como tendo por causa exclusiva a crise financeira internacional. Aos argumentos de responsabilização externa juntam-se, por vezes, os argumentos, também de natureza política,...

As despesas públicas em educação e saúde constituem, em muitos países, dois dos principais instrumentos através dos quais o Estado exerce as suas funções sociais, sendo todavia identificadas por vários autores como incompatíveis com um bom desempenho económico, tendo por base, entre...

The aim of this paper is to analyze the links between health status, education and economic growth in Portugal. Focus is given to the achievements made in infant mortality rate which represents the most significant reduction among the OECD countries in the last decades. While this very positive...