Miniatura

Fitxers

872335.pdf (1.18 MB)

Tipus de document

Article

Versió

Versió acceptada

Data de publicació

2025-10-01
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/222927

Wage cyclicality and labour market institutions

Títol de la revista

Autors

ISSN de la revista

Títol del volum

Resum

Do labor institutions influence how wages respond to the business cycle? Such responsiveness can then shape several economic outcomes, including unemployment. In this paper, we examine the role of two key labor market institutions—collective bargaining and temporary contracts—upon wage cyclicality. Our evidence is drawn from rich, 2002–2020 matched data from Portugal. We find that workers not covered by collective agreements exhibit much higher wage cyclicality, especially new hires, compared to covered workers. In contrast, workers under temporary contracts do not exhibit sizable differences in cyclicality compared to counterparts under permanent (open-ended) contracts. Our findings highlight a novel angle through which labor institutions influence the labor market and the economy

Descripció

Matèries

Institucions, Política salarial, Mercat de treball

Matèries (anglès)

Institutions, Wage policy, Labor market

Citació

Col·leccions

Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

Citació

PEREIRA, João, RAMOS LOBO, Raúl, MARTINS, Pedro s.. Wage cyclicality and labour market institutions. _Industrial Relations_. 2025. Vol. 64, núm. 4, pàgs. 598-615. [consulta: 24 de novembre de 2025]. ISSN: 0019-8676. [Disponible a: https://hdl.handle.net/2445/222927]

Exportar metadades

JSON - METS

Compartir registre