Resource title

Employment Adjustment in Portugal: Evidence from Aggregate and Firm Data

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Resource description

This paper examines the pattern of employment adjustment in Portugal. First, the issue is addressed using a long time series of aggregate data. Although the employment data show persistence, there is nonetheless a fairly rapid rate of employment adjustment. Second, a much shorter time series of firm data is used to check the persistence detected at aggregate level, and also to examine the contribution of atypical work over the cycle. Consistent with the aggregate evidence, and despite stronger employment inertia, there is no suggestion in the firm panel that labour demand is cyclically unstable.

Resource author

John T. Addison, Paulino Teixeira

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/21251

Resource license

Adapt according to the presented license agreement and reference the original author.