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Manufacturing employment and exchange rates in the Portuguese economy : the rol...

Alexandre, Fernando; Bação, Pedro; Silva, João C. Cerejeira da; Portela, Miguel

Integration into the world economy, specialization in low-technology sectors and labour market rigidity have been singled out as structural features of the Portuguese economy that are crucial for the understanding of its performance. In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination of the effect of the exchange rate on the dynamics of employm...


Young employment, job-skill composition and minimum wages : evidence from a “na...

Silva, João C. Cerejeira da

Empirically very little is known about the impact of an increase in the minimum wage of young workers on the job-skill composition. This is an important question because small (or zero) effects on teenage employment may mask a substitution of more for less-skilled teenagers. Therefore, the estimation of the elasticity of substitution between skilled and unskilled workers is required. This paper will consider the...


Young employment, job-skill composition and minimum wages : evidence from a 'na...

Silva, João C. Cerejeira da

Empirically very little is known about the impact of an increase in the minimum wage of young workers on the job-skill composition. This is an important question because small (or zero) effects on teenage employment may mask a substitution of more for less-skilled teenagers. Therefore, the estimation of the elasticity of substitution between skilled and unskilled workers is required. This paper will consider th...


Young employment, job-skill composition and minimum wages : evidence from a "na...

Silva, João C. Cerejeira da

Empirically very little is known about the impact of an increase in the minimum wage of young workers on the job-skill composition. This is an important question because small (or zero) effects on teenage employment may mask a substitution of more for less-skilled teenagers. Therefore, the estimation of the elasticity of substitution between skilled and unskilled workers is required. This paper will consider th...


Searching, matching and education: a note

Silva, João C. Cerejeira da

In this paper the individual optimal level of education is set in a frictional labor market, where matching is not perfect. Also search frictions are a function of the average education of the labor force. Therefore, an increase in the average education can improve economic efficiency, not only through improvements in workers productivity, but also making the matching process more e¢ cient, and thus reducing th...


Estimating the employer size-wage premium in a panel data model with comparativ...

Silva, João C. Cerejeira da

This paper considers the estimation of the employer-size wage e?ect using a panel of employer-employee matched data. We test for the possibility of different returns to observable human capital variables as well as examine the role played by unmeasured skills in driving the allocation of workers across firms of di?erent sizes. Our results show that some of the observed skills; namely, education, age, and tenure...


A Wage based measure of regional aggregate human capital

Silva, João C. Cerejeira da

The role of the accumulation of human capital to per capita income growth has been sharply debated among economists and policy makers. One open question of this debate is how to measure human capital. The standard approach is to use the average years of education of the labour force or the school enrolment rates as proxies for the stock of human capital. However, formal schooling achievement does not fully capt...


Estimating the employer size-wage premium in a panel data model with comparativ...

Silva, João C. Cerejeira da

This paper considers the estimation of the employer-size wage effect using a panel of employer-employee matched data. We test for the possibility of different returns to observable human capital variables as well as examine the role played by unmeasured skills in driving the allocation of workers across firms of different sizes. Our results show that some of the observed skills; namely, education, age, and tenure ...


Local human capital externalities or sorting? evidence from a displaced workers...

Silva, João C. Cerejeira da

In this paper we want to assess if the positive association between individual earnings and local average education is due to human capital externalities or just reflects some ommitted factors. Using a sample of displaced workers, we take into account firm characteristics as well as individual fixed e.ects. We find that, on average educational externalities are quite small, however it seems that these externali...


Identification of the Portuguese industrial districts

Silva, João C. Cerejeira da

Some authors have tried to define a methodology of identification of the local production systems, namely in terms of the operationalization of the notion of industrial district. For the Portuguese case, there is no previous work, using of a systematic methodology of the identification, on the identification of the industrial districts, in spite of the existence of some case studies. In this paper we p...


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    Financiadores do RCAAP

Fundação para a Ciência e a Tecnologia Universidade do Minho   Governo Português Ministério da Educação e Ciência Programa Operacional da Sociedade do Conhecimento União Europeia