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https://hdl.handle.net/1822/77250
Registo completo
Campo DC | Valor | Idioma |
---|---|---|
dc.contributor.author | Alexandre, Fernando | por |
dc.contributor.author | Bação, P. | por |
dc.contributor.author | Cerejeira, João | por |
dc.contributor.author | Costa, H. | por |
dc.contributor.author | Portela, Miguel | por |
dc.date.accessioned | 2022-04-27T10:34:40Z | - |
dc.date.issued | 2022 | - |
dc.identifier.issn | 0927-5371 | por |
dc.identifier.uri | https://hdl.handle.net/1822/77250 | - |
dc.description.abstract | Since late 2014, Portuguese Governments adopted ambitious minimum wage policies. Using linked employer-employee data, we provide an econometric evaluation of the impact of those policies. Our estimates suggest that minimum wage increases reduced employment growth and profitability, in particular for financially distressed firms. We also conclude that minimum wage increases had a positive impact on firms’ exit, again amplified for financially distressed firms. According to these results, minimum wage policies may have had a supply side effect by accelerating the exit of low profitability and low productivity firms and, thus, contributing to improve aggregate productivity through a cleansing effect. | por |
dc.description.sponsorship | This work is financed by National Funds of the FCT – Portuguese Foundation for Science and Technology, projects UID/ECO/03182/2020, UIDB/05037/2020 and PTDC/EGE-ECO/29822/2017 (‘It’s All About Productivity: contributions to the understanding of the sluggish performance of the Portuguese economy’). Hélder Costa acknowledges the funding by FCT, scholarship 2020.04643.BD. | por |
dc.language.iso | eng | por |
dc.publisher | Elsevier 1 | por |
dc.relation | UID/ECO/03182/2020 | por |
dc.relation | UIDB/05037/2020 | por |
dc.relation | PTDC/EGE-ECO/29822/2017 | por |
dc.rights | restrictedAccess | por |
dc.subject | Financially distressed firms | por |
dc.subject | Minimum wages | por |
dc.subject | Productivity | por |
dc.subject | JEL classification J38 | por |
dc.subject | L25 | por |
dc.title | Minimum wage and financially distressed firms: Another one bites the dust | por |
dc.type | article | - |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | https://www.sciencedirect.com/science/article/pii/S0927537121001238 | por |
oaire.citationVolume | 74 | por |
dc.date.updated | 2022-04-06T13:07:57Z | - |
dc.identifier.doi | 10.1016/j.labeco.2021.102088 | por |
dc.date.embargo | 10000-01-01 | - |
dc.subject.wos | Social Sciences | por |
sdum.export.identifier | 11095 | - |
sdum.journal | Labour Economics | por |
dc.subject.jel | L25 | - |
dc.subject.jel | J38 | - |
oaire.version | AM | por |
dc.subject.ods | Erradicar a pobreza | por |
Aparece nas coleções: | EEG - Artigos em revistas de circulação internacional com arbitragem científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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AnotherOneBitesTheDust_ABCCP_september19_2021.pdf Acesso restrito! | Author's Accepted Manuscript | 569,05 kB | Adobe PDF | Ver/Abrir |