Rent-sharing in Portuguese banking

Detalhes bibliográficos
Autor(a) principal: Monteiro, Natália
Data de Publicação: 2007
Outros Autores: Portela, Miguel
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/1822/6969
Resumo: Using the fixed effects estimator and the dynamic panel data system-GMM estimator, on a sample of 75 banks, covering the period 1988-2005, this paper estimates how wages in the Portuguese banking sector depend on the employers ability to pay. The results indicate that wages are strongly positively correlated with profits even after controlling for firm and workforce characteristics. The Lester’s range of wages due to rent-sharing is 46% - 75% of the mean wage in the Portuguese banking sector.
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spelling Rent-sharing in Portuguese bankingRent-sharingPortuguese banking industryDynamic panel dataUsing the fixed effects estimator and the dynamic panel data system-GMM estimator, on a sample of 75 banks, covering the period 1988-2005, this paper estimates how wages in the Portuguese banking sector depend on the employers ability to pay. The results indicate that wages are strongly positively correlated with profits even after controlling for firm and workforce characteristics. The Lester’s range of wages due to rent-sharing is 46% - 75% of the mean wage in the Portuguese banking sector.Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoMonteiro, NatáliaPortela, Miguel20072007-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/6969enginfo: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:RCAAP2024-05-11T06:42:44Zoai:repositorium.sdum.uminho.pt:1822/6969Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T16:02:04.628616Repositórios 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 Rent-sharing in Portuguese banking
title Rent-sharing in Portuguese banking
spellingShingle Rent-sharing in Portuguese banking
Monteiro, Natália
Rent-sharing
Portuguese banking industry
Dynamic panel data
title_short Rent-sharing in Portuguese banking
title_full Rent-sharing in Portuguese banking
title_fullStr Rent-sharing in Portuguese banking
title_full_unstemmed Rent-sharing in Portuguese banking
title_sort Rent-sharing in Portuguese banking
author Monteiro, Natália
author_facet Monteiro, Natália
Portela, Miguel
author_role author
author2 Portela, Miguel
author2_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Monteiro, Natália
Portela, Miguel
dc.subject.por.fl_str_mv Rent-sharing
Portuguese banking industry
Dynamic panel data
topic Rent-sharing
Portuguese banking industry
Dynamic panel data
description Using the fixed effects estimator and the dynamic panel data system-GMM estimator, on a sample of 75 banks, covering the period 1988-2005, this paper estimates how wages in the Portuguese banking sector depend on the employers ability to pay. The results indicate that wages are strongly positively correlated with profits even after controlling for firm and workforce characteristics. The Lester’s range of wages due to rent-sharing is 46% - 75% of the mean wage in the Portuguese banking sector.
publishDate 2007
dc.date.none.fl_str_mv 2007
2007-01-01T00:00:00Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/1822/6969
url http://hdl.handle.net/1822/6969
dc.language.iso.fl_str_mv eng
language eng
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dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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repository.mail.fl_str_mv info@rcaap.pt
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