Firms' Wage Policies and the Rise in Labor Market Inequality

The Case of Portugal

Bibliographic Data

ID4573392
AuthorsAna Rute Cardoso (0000-0002-6168-8959, corresponding author)
Year1999
Volume53
Issue1
Pages87
Publication date1999-10-01
Open AccessNo
TypeARTICLE
VenueIndustrial and Labor Relations Review (JOURNAL)
Journal identifiersISSN: 0019-7939 • E-ISSN: 2162-271X
PublisherJSTOR (PUBLISHER)
DOI10.2307/2696163
OpenAlexW4250293205, W2080704842
LanguageEN
Citations received5
References cited21

Applying a multi-level wage regression model to a matched employer-employee data set for the years 1983 and 1992, the author investigates whether changes in company wage policies can account for the sharp rise in labor market inequality in Portugal. The results suggest that traditional wage progression mechanisms based on seniority lost influence between the two years, whereas general skills became more valued by employers. Changes in the returns to tenure at the micro level thus had an equalizing impact on the distribution, but sharply increased returns to education, as well as a rising wage disadvantage for women relative to men, increased overall inequality

Demographic economics · Disadvantage · Distribution (mathematics) · Economics · Efficiency wage · Inequality · Labour economics · Political science · Seniority · Wage · Wage Inequality · Wage share · Firm Innovation and Growth · Labor market dynamics and wage inequality · Retirement, Disability, and Employment

Tools

Open DOISci-Hub