Utilize este identificador para referenciar este registo: http://hdl.handle.net/1822/23990

TítuloFirm entry deregulation, competition and returns to education and skill
Autor(es)Ferreira, Priscila
Fernandes, Ana P.
Winters, L. Alan
Palavras-chaveEntry
Deregulation
Product market competition
Wage structure
Re-turns to education
Data26-Abr-2013
EditoraUniversidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)
Resumo(s)This paper studies the effect of firm entry deregulation on the returns to skill and education. We use matched employer-employee data for the universe of workers and firms in Portugal and exploit a comprehensive episode of entry deregulation, unique in the industrialized world, as a quasi-natural experiment to investigate how increased competition affects wages. We find that after the reform the returns to a university degree increased by around 5 percent and the returns to skills increased by around 3 percent. We include match (worker-firm) fixed effects and thus identify the effect from individuals who stay in the same firm after the reform. Results are therefore not driven by changes in employment composition, and are supportive of education and skill becoming more valuable after the reform.
TipoworkingPaper
URIhttp://hdl.handle.net/1822/23990
Arbitragem científicano
AcessoopenAccess
Aparece nas coleções:NIMA - Documentos de Trabalho/Working Papers

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