Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/13718
Título: | Microfoundations for wage flexibility : wage insurance at the firm level |
Autor(es): | Cardoso, Ana Rute Portela, Miguel |
Palavras-chave: | Wage shocks Risk sharing Rent sharing C33 D21 J33 J41 |
Data: | Mar-2009 |
Editora: | Wiley |
Revista: | The Scandinavian Journal of Economics |
Resumo(s): | To what extent do firms insulate their workers' wages from fluctuations in product markets? Which firm and worker attributes are associated with wage flexibility at the micro level? We first rely on Guiso, Pistaferri and Schivardi (2005) to estimate dynamic models of sales and wages, finding that in Portugal, workers' wages respond to permanent shocks on firm performance, as opposed to transitory shocks. We then explore the factors associated with wage flexibility, finding that collective bargaining and minimum wages are associated with higher wage insurance by the firm, while the threat of firm bankruptcy reduces it. Managers receive less protection against permanent shocks than other workers. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/13718 |
DOI: | 10.1111/j.1467-9442.2008.01553.x |
ISSN: | 0347-0520 |
Versão da editora: | http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9442.2008.01553.x/full |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Microfoundations for Wage Flexibility Wage Insurance at the Firm Level.pdf Acesso restrito! | Microfoundations for Wage Flexibility: Wage Insurance at the Firm Level | 496,5 kB | Adobe PDF | Ver/Abrir |