Author(s):
Addison, John T. 
; Teixeira, Paulino
Date: 2005
Persistent ID: http://hdl.handle.net/10316/7922
Origin: Estudo Geral - Universidade de Coimbra
Document details
Employment adjustment in two countries with poor reputations: Analysis of aggre...
Description
This paper supplements aggregate time-series analysis of the speed of employment adjustment with evidence from firm panel and flow data for two countries – Portugal and Germany – sharing unenviable labor market reputations. The Portuguese labor market is often portrayed as terminally inert, while that of Germany as badly ailing. We report broad consistency in the results across data sets in favor of Portugal. In benchmarking Portugal against Germany, the adverse reputation of the former – if not necessarily that of the latter country – may have been exaggerated in contemporary policy debate. http://dx.doi.org/10.1007/s10368-004-0025-6
This paper supplements aggregate time-series analysis of the speed of employment adjustment with evidence from firm panel and flow data for two countries – Portugal and Germany – sharing unenviable labor market reputations. The Portuguese labor market is often portrayed as terminally inert, while that of Germany as badly ailing. We report broad consistency in the results across data sets in favor of Portugal. In benchmarking Portugal against Germany, the adverse reputation of the former – if not necessarily that of the latter country – may have been exaggerated in contemporary policy debate. http://dx.doi.org/10.1007/s10368-004-0025-6
Document Type
Article
Language English
Language English
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