Regulatory reform and labour earnings in Portuguese banking

Natália Monteiro

No 7/2007, NIPE Working Papers from NIPE - Universidade do Minho

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.

Keywords: Deregulation; privatisation; wage structure; Portuguese banking industry (search for similar items in EconPapers)
JEL-codes: J31 J45 L33 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-ban, nep-eff, nep-his, nep-lab and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Regulatory reform and labour earnings in Portuguese banking (2009)
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