Tuesday, 18 November 2014

30,000 minimum wages on the Third AMSE-Banque de France annual conference on Labor Markets

Next December 4th, Professor Pedro Martins will participate in the third AMSE-Banque de France annual conference on Labour Markets. The conference is divided across three streams: Labor market institutions, migration and discrimination, and labour market and business cycles, aiming to:
  • Examine the importance and consequences of labor market institutions
  • Understand how migrations have affected the labor market during the Crisis and examine the role of discriminations
  • Discuss the role and relevance of labor market reforms during the Crisis
  • Analyze labor market dynamics

Professor Martins will participate on the first workshop on Labour market institutions, presenting his CGR working paper “30,000 minimum wages: The economic effects of collective agreement extensions”. The paper analyses the impact of extending collective bargaining agreements to entire sectors, through firm-level monthly data for Portugal were this type of extensions were widely used, finding that sector extensions depress wage bills by 2% due reduced hiring and increased firm closures, while informal work rises. You can access to the paper through this link.  

You can find more information on the AMSE-Banque de France annual conference on Labour Markets, on his webpage.

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