Please use this identifier to cite or link to this item:
http://hdl.handle.net/10071/501
Author(s): | Simões, N. N. |
Date: | 2004 |
Title: | Labor demand, productivity and business cycle: evidence from Portuguese large firms |
Collection title and number: | Dinâmia Working Paper 2004/40 |
Keywords: | Labor productivity Business cycle Labor demand Labor mobility |
Abstract: | What determines the cyclical behaviour of labor productivity? This article considers intra firm and inter firm explanations for the correlation between labor productivity and aggregate shocks. From a set of 2100 Portuguese firms with more than 100 workers, between 1995 and 1999, we found that: (1) aggregate labor productivity was procyclical, although more than half of the firms revealed countercyclical productivity; (2) procyclical intra firm effects were stronger than countercyclical inter firm dynamics; (3) both intra and inter firm theories are important to understand the dynamics of labor productivity; (4) cleansing effects dominated over sullying effects; (5) only a framework integrating several intra firm theories can explain the observed evidence. |
Peerreviewed: | Sim |
Access type: | Open Access |
Appears in Collections: | DINÂMIA'CET-WP - Working papers com arbitragem científica |
Files in This Item:
File | Description | Size | Format | |
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DINAMIA_WP_2004-40.pdf | 284,9 kB | Adobe PDF | View/Open |
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