Recursos de colección

Repositorio da Universidade dos Açores (9.269 recursos)

O Repositório Institucional da Universidade dos Açores desenvolvido no âmbito do projecto RCAAP.

CEEAplA Working Paper Series 2004

Mostrando recursos 1 - 5 de 5

  1. On the effects of economic fluctuations on productivity growth

    Menezes, António Gomes de
    We analyze the productivity effects of shocks to the real interest rate and to demand and supply conditions in a world where productivity enhancing activities are disruptive. The model predicts that temporary demand downturns may have positive productivity effects if the real interest rate is not too countercyclical, and that supply shocks do not affect productivity growth. The model is used to derive refined novel empirical tests on the so-called Opportunity Cost View of recessions (Aghion and Saint-Paul (1998)) vis a vis the competing theories of learning-by-doing and capital market imperfections.
    - 24-mar-2015

  2. Demand shocks and productivity growth

    Menezes, António Gomes de
    This paper presents evidence on the relationship between cyclical shocks and productivity growth, for 20 2-digit SIC US manufacturing industries and a set of monetary policy, fiscal policy, and oil price shocks. The paper uses as a measure of productivity change a Solow residual corrected for a wide range of non-technological effects due to imperfect-competition, non-constant returns to scale, and cyclical utilization rates of capital and labor services. The empirical framework identifies policy shocks independently of productivity measurement issues via a two-step procedure. While the typical industry shows weak responses of productivity to the shocks considered, in some industries temporary...
    - 24-mar-2015

  3. Determinantes da participação dos beneficiários no programa do Rendimento Mínimo Garantido no mercado de trabalho

    Fortuna, Mário; Faria, Sandra Dias; Vieira, José Cabral; Menezes, António Gomes de
    We present micro econometric evidence on the determinants of the probability that beneficiaries of the Minimum Guaranteed Income (MGI) participate in market production or in home production. We use a micro data set which covers all the beneficiaries of the MGI, up to 2001, for the Portuguese Region with the highest incidence of this program, namely, the Azores. We find striking diferences between women’s and men’s behaviour with respect to labour market participation decisions, with women heavily specialized in home production and men in market production. The probability of participating decreases with income support. Moreover, there are several aspects of...
    - 24-mar-2015

  4. Low-pay higher pay and job quality : empirical evidence for Portugal

    Vieira, José Cabral; Menezes, António Gomes de; Gabriel, Patrícia
    This paper examines to what extent low pay jobs can be considered of low quality. For this purpose, we use three waves (1997-1999) of the European Community Household Panel (ECHP) for Portugal. The results indicate that low pay workers report a lower level of job satisfaction when compared with their higher paid counterparts. Moreover, some of the determinants of job satisfaction differ between these two types of workers. This supports the idea that low wage employment mainly comprises low quality jobs and is consistent with the segmented labour market theory, which claims the existence of good and bad jobs. This...
    - 24-mar-2015

  5. On returns to training in Portugal

    Pereira, Pedro Telhado; Budría, Santiago
    This paper investigates the earnings effects of training in the Portuguese labour market. We use the Portuguese Labour Force Survey to classify training according to multiple criteria, including providing institution, purpose, duration, and content of the training activity. First, we establish some stylised facts about the extent and determinants of different types of training. We find that there are major differences in training participation across groups, with elder, low educated workers participating substantially less. Second, we measure the wage effects of training. We find that in Portugal returns to training are large and significant. The estimated coefficients are about 12% in the case...
    - 24-mar-2015

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