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Regulatory reform and labour earnings in Portuguese banking

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  • Natália Pimenta Monteiro

    ()
    (Universidade do Minho - NIPE)

Abstract

this study exemines changes union contracts and wage structure during and after the introduction of regukatory reforms (deregulation and privatisation) in the Portuguese banking sector. The main finding is that, despite a relative wage erosion detected in the contract dada, banking workers were able to enjoy an increasing wage premium in the period 1985-2000, probably reflecting the increasing profitability of the industry and the rise in labour productivity. The evidence also shows that some specific groups benefited relatively more than others: the least skilled and educated workforce and male workers gained more from the regulatory reforms. However, this unequal sharing of the wage premium did not raise wage inequality across ownership groups in the industry.

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File URL: http://www3.eeg.uminho.pt/economia/nipe/docs/2007/NIPE_WP_7_2007.PDF
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Bibliographic Info

Paper provided by NIPE - Universidade do Minho in its series NIPE Working Papers with number 7/2007.

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Date of creation: 2007
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Handle: RePEc:nip:nipewp:7/2007

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Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal
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Web page: http://www3.eeg.uminho.pt/economia/nipe/versao_inglesa/index_uk.htm
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Keywords: Deregulation; privatisation; wage structure; Portuguese banking industry;

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References

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  12. Monteiro, Natalia Pimenta, 2003. "The Impact of Privatisation on Wages: Evidence from the Portugese Banking Industry," Royal Economic Society Annual Conference 2003 156, Royal Economic Society.
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Cited by:
  1. Natália P. Monteiro & Miguel Portela, 2011. "Rent Sharing In Portuguese Banking," Manchester School, University of Manchester, vol. 79(4), pages 861-883, 07.
  2. Adelaide Figueiredo & Fernanda Figueiredo & Natália P. Monteiro & Odd Rune Straume, 2011. "Restructuring in privatised firms: a Statis approach," FEP Working Papers 404, Universidade do Porto, Faculdade de Economia do Porto.

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