Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/44363
Título: | Financing constraints and fixed-term employment: Evidence from the 2008-9 financial crisis |
Autor(es): | Fernandes, Ana P. Ferreira, Priscila |
Palavras-chave: | Financial Constraints Financial crisis Firm-level Employment Fixed-term Contracts |
Data: | Fev-2017 |
Editora: | Elsevier 1 |
Revista: | European Economic Review |
Citação: | Fernandes, A. P., & Ferreira, P. (2017). Financing constraints and fixed-term employment: Evidence from the 2008-9 financial crisis. European Economic Review, 92, 215-238. doi: 10.1016/j.euroecorev.2016.12.009 |
Resumo(s): | This paper investigates the effect of the 2008–9 financial crisis on firms’ employment composition decision when it is possible to choose between permanent and fixed-term workers. We use linked employer-employee data for the universe of private sector firms in Portugal, and exploit precrisis variation in financial vulnerability across industries for identification. We find that firms in more financially constrained industries hire a larger proportion of fixed-term workers with respect to permanent workers after the 2008-9 crisis, relative to less financially vulnerable firms. At the worker-level, workers hired by firms in industries that require significant external financing are more likely to be hired with a fixed-term contract after the crisis than comparable workers hired by other firms. Our results suggest that the crisis induced financially constrained firms to use the more flexible fixed-term contracts more intensively. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/44363 |
DOI: | 10.1016/j.euroecorev.2016.12.009 |
ISSN: | 0014-2921 |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIMA - Artigos/Papers |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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FF_EER92_2017.pdf Acesso restrito! | 521,63 kB | Adobe PDF | Ver/Abrir |