The link between productivity and wages: the role of the minimum wage in Portugal
| Main Author: | |
|---|---|
| Publication Date: | 2023 |
| Format: | Master thesis |
| Language: | eng |
| Source: | Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) |
| Download full: | http://hdl.handle.net/10362/167750 |
Summary: | An increase in the Portuguese minimum wage has been positively correlated with the relationship between productivity and wages on the 90-10 and 50-10 percentile differences, respectively. Applying a fixed effects regression, this paper shows that the minimum wage, measured through the relative minimum wage, had two reverse but complementary effects: it has led to a compression of the wage distribution through its wage biting effects and, simultaneously, led to strengthening of the correlation between wages and productivity dispersions, between-firms within each sector. The results found are being driven by the service sector of the economy. |
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The link between productivity and wages: the role of the minimum wage in PortugalMinimum wageWage inequalityFixed effectsWage dispersionProductivity dispersionPublic policyDomínio/Área Científica::Ciências Sociais::Economia e GestãoAn increase in the Portuguese minimum wage has been positively correlated with the relationship between productivity and wages on the 90-10 and 50-10 percentile differences, respectively. Applying a fixed effects regression, this paper shows that the minimum wage, measured through the relative minimum wage, had two reverse but complementary effects: it has led to a compression of the wage distribution through its wage biting effects and, simultaneously, led to strengthening of the correlation between wages and productivity dispersions, between-firms within each sector. The results found are being driven by the service sector of the economy.Peralta, SusanaSanta, Sílvia FonteRUNAfonso, João Pedro De Oliveira2024-05-24T08:22:00Z2023-06-012023-05-172023-06-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/167750TID:203516095enginfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-27T01:42:11Zoai:run.unl.pt:10362/167750Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T17:52:28.033445Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse |
| dc.title.none.fl_str_mv |
The link between productivity and wages: the role of the minimum wage in Portugal |
| title |
The link between productivity and wages: the role of the minimum wage in Portugal |
| spellingShingle |
The link between productivity and wages: the role of the minimum wage in Portugal Afonso, João Pedro De Oliveira Minimum wage Wage inequality Fixed effects Wage dispersion Productivity dispersion Public policy Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| title_short |
The link between productivity and wages: the role of the minimum wage in Portugal |
| title_full |
The link between productivity and wages: the role of the minimum wage in Portugal |
| title_fullStr |
The link between productivity and wages: the role of the minimum wage in Portugal |
| title_full_unstemmed |
The link between productivity and wages: the role of the minimum wage in Portugal |
| title_sort |
The link between productivity and wages: the role of the minimum wage in Portugal |
| author |
Afonso, João Pedro De Oliveira |
| author_facet |
Afonso, João Pedro De Oliveira |
| author_role |
author |
| dc.contributor.none.fl_str_mv |
Peralta, Susana Santa, Sílvia Fonte RUN |
| dc.contributor.author.fl_str_mv |
Afonso, João Pedro De Oliveira |
| dc.subject.por.fl_str_mv |
Minimum wage Wage inequality Fixed effects Wage dispersion Productivity dispersion Public policy Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| topic |
Minimum wage Wage inequality Fixed effects Wage dispersion Productivity dispersion Public policy Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| description |
An increase in the Portuguese minimum wage has been positively correlated with the relationship between productivity and wages on the 90-10 and 50-10 percentile differences, respectively. Applying a fixed effects regression, this paper shows that the minimum wage, measured through the relative minimum wage, had two reverse but complementary effects: it has led to a compression of the wage distribution through its wage biting effects and, simultaneously, led to strengthening of the correlation between wages and productivity dispersions, between-firms within each sector. The results found are being driven by the service sector of the economy. |
| publishDate |
2023 |
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2023-06-01 2023-05-17 2023-06-01T00:00:00Z 2024-05-24T08:22:00Z |
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info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/masterThesis |
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masterThesis |
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http://hdl.handle.net/10362/167750 TID:203516095 |
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eng |
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openAccess |
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