Why do women earn less than men? Does compulsory military service increase wages? And what is the impact of collective bargaining on wage evolution? These were some of the questions that David Card, one of the most renowned labor economists internationally and distinguished this week with the Nobel Prize for Economics, destined to answer about the Portuguese labor market. But why are you interested in the national reality?
The initial motivation for David Card’s work on the national reality was “to take advantage of the availability of exceptional quality data to try to understand inequalities in the labor market”, recalls Ana Rute Cardoso, economist and researcher at the Institute of Social Sciences (ICS -UL) and co-author of several of his studies. At issue are personnel data, an administrative database created in the early 1980s under the Ministry of Labour, which provides combined information on workers and companies over time. In the 80s/90s “no other country had such complete data to analyze the labor market”, he stresses.
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