Abstract
We study the impact of the pandemic crisis using monthly data covering the universe of individuals registered as unemployed in mainland Portuguese municipalities, complemented with electronic payments, linked employer–employee data, and furlough records. Event study designs identify a sharp increase in unemployment, driven mostly by termination of temporary contracts, and a decrease in new job placements. With triple difference-in-differences, we show that the effects are stronger in more dual municipal labour markets, i.e. with a higher share of temporary jobs, concentrated in young workers and middle educated individuals. The asymmetries are exacerbated by the duality of the municipal labour market.
Original language | English |
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Pages (from-to) | 349-395 |
Journal | The B.E. Journal of Economic Analysis & Policy |
Volume | 23 |
Issue number | 2 |
Early online date | 20 Feb 2023 |
DOIs | |
Publication status | Published - 12 Apr 2023 |
Keywords
- Dual labour market
- Portugal
- Covid-19
- Unemployment
- Regional impacts
- Difference-in-differences