Article ID Journal Published Year Pages File Type
987021 Structural Change and Economic Dynamics 2012 9 Pages PDF
Abstract
► We analyse the restructuring process following privatisation in 10 Portuguese banks. ► We use a novel statistical approach which links product market and labour outcomes. ► The restructuring process is heterogeneous with respect to speed and intensity. ► The firm attribute that is subject to the largest change is the wage level. ► The wage change reflects changes in the composition, and not size, of the workforce.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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