Universidade do Porto, Portugal
World of Labour role
Author
Current position
Professor, Universidade do Porto, Portugal; CEF.UP (Center for Economics and Finance at UPorto), Portugal; FEP (Faculdade de Economia do Porto), Portugal
Research interest
Labour economics, economics of education
Past positions
Associate Professor, FEP, Universidade do Porto, Portugal; Assistant Professor, FEP, Universidade do Porto, Portugal
Qualifications
PhD Economics, Universidade do Porto, Portugal, 2003.
Selected publications
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“The Persistence of Wages”, Journal of Econometrics, 233:2 (2023): 596-611 (with P. Portugal, P. Raposo, and P. M. M. Rodrigues).
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“The Sources of the Wage Losses of Displaced Workers: The Role of the Reallocation of Workers into Firms, Matches, and Job Titles”, Journal of Human Resources, 56:3 (2021): 586-820 (with P. Raposo and P. Portugal).
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“Endogeneity in Strategy-Performance Analysis: An Application to Initial Human Capital Strategy and New Venture Performance”, Organizational Research Methods, 22:3 (2019): 740-764 (with V. Rocha, M. van Praag, and T. Folta).
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“Catastrophic Job Destruction During the Portuguese Economic Crisis”, Journal of Macroeconomics, 39 (Part B) (2014): 444-457 (with P. Portugal and J. Varejão).
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“Real Wages and the Business Cycle: Accounting for Worker, Firm, and Job Title Heterogeneity”, American Economic Journal: Macroeconomics, 4:2 (2012): 133-152 (with P. Guimarães and P. Portugal).
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The labour market in Portugal, 2000-2024
Portugal’s labour market has become more flexible but still struggles with deep-rooted issues of precariousness and low wages
Anabela Carneiro, April 2026The Portuguese labour market has stabilised after the 2010–2013 sovereign debt crisis, which pushed unemployment to a historic 18.5%. By 2025, the rate of unemployment has exhibited low-record levels reaching 5.9%. Long-term unemployment has declined, and the female employment rate reached historical values. Yet, several structural imbalances persist. Productivity levels remain low compared to European peers, and wages continue to struggle to keep pace with the cost of living.Read moreRead less