Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/90482
DC FieldValueLanguage
dc.contributor.authorAlexandre, Fernando-
dc.contributor.authorBação, Pedro Miguel Avelino-
dc.contributor.authorCerejeira, João-
dc.contributor.authorCosta, Hélder-
dc.contributor.authorPortela, Miguel-
dc.date.accessioned2020-07-31T09:26:51Z-
dc.date.available2020-07-31T09:26:51Z-
dc.date.issued2020-07-24-
dc.identifier.urihttp://hdl.handle.net/10316/90482-
dc.description.abstractSince late 2014, Portuguese Governments adopted ambitious minimum wage policies. Using linked employer-employee data, we provide an econometric evaluation of the impact of those policies. Our estimates suggest that minimum wage increases reduced employment growth and profitability, in particular for financially distressed firms. We also conclude that minimum wage increases had a positive impact on firms’ exit, again amplified for financially distressed firms. According to these results, minimum wage policies may have had a supply side effect by accelerating the exit of low profitability and low productivity firms and, thus, contributing to improve aggregate productivity through a cleansing effect.pt
dc.language.isoengpt
dc.relation.ispartofseriesCeBER Working Paper 2020-14;-
dc.rightsopenAccesspt
dc.subjectminimum wage, financially distressed firms, productivitypt
dc.titleMinimum wage and financially distressed firms: another one bites the dustpt
dc.typeworkingPaperpt
degois.publication.firstPage1pt
degois.publication.lastPage21pt
degois.publication.locationhttps://www.uc.pt/en/uid/ceber/working-paper?key=657c461dpt
dc.peerreviewedyespt
dc.date.embargo2020-07-24*
uc.date.periodoEmbargo0pt
item.fulltextCom Texto completo-
item.languageiso639-1en-
item.grantfulltextopen-
crisitem.author.deptFaculdade de Economia, Universidade de Coimbra-
crisitem.author.researchunitGroup for Monetary and Financial Studies-
crisitem.author.researchunitCentre for Business and Economics Research-
crisitem.author.orcid0000-0002-3340-1068-
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