Publicação
Failing young and temporary workers: the impact of Covid-19 on a dual labor market
| Resumo: | In this paper, we use monthly administrative data covering the universe of individuals registered as unemployed in 278 Portuguese municipalities to study the impact of Covid-19between March and August 2020. Using event study difference-in-differences, we document a large causal impact on unemployment, with year-on-year growth rate increases of39 and 38 percentage points in June and July, respectively. New job placements dropped significantly, especially in April. We also employ triple difference-in-differences to show that younger and middle educated individuals fell more into unemployment, while there is no evidence of differences across genders. Portugal has a dual labor market, with a larges hare of workers employed on temporary contracts. Relying on this specific characteristic, we show that the heterogeneous effects were accentuated in municipalities with a higher share of temporary workers. |
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| Autores principais: | Nunes, Carolina Alexandra Feliciano |
| Assunto: | Covid-19 Unemployment Difference-in-differences Portugal |
| Ano: | 2021 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| Resumo: | In this paper, we use monthly administrative data covering the universe of individuals registered as unemployed in 278 Portuguese municipalities to study the impact of Covid-19between March and August 2020. Using event study difference-in-differences, we document a large causal impact on unemployment, with year-on-year growth rate increases of39 and 38 percentage points in June and July, respectively. New job placements dropped significantly, especially in April. We also employ triple difference-in-differences to show that younger and middle educated individuals fell more into unemployment, while there is no evidence of differences across genders. Portugal has a dual labor market, with a larges hare of workers employed on temporary contracts. Relying on this specific characteristic, we show that the heterogeneous effects were accentuated in municipalities with a higher share of temporary workers. |
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