Pedro Portugal

Research Fellow

Banco de Portugal

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Research Interests

Pedro Portugal (1958), a citizen of Portugal, graduated in economics at Faculdade de Economia do Porto and received his PhD at the University of South Carolina. He is currently a senior researcher at the Bank of Portugal and visiting full professor of economics at Nova School of Business and Economics. Since 2012, he is also a member of the Conselho Nacional de Ciência e Tecnologia.
His main area of interest is applied labor economics, focusing on issues of microeconomics of unemployment, unemployment compensation, wage bargaining, job security, and worker displacement. Pedro Portugal has published in the major economics and labor economics journals, including the American Economic Review, Review of Economics and Statistics, Journal of the European Economic Association, Economic Policy, Oxford Bulletin of Economics and Statistics, Economica, Journal of Labor Economics, Journal of Human Resources, and Industrial and Labor Relations Review.
He has also published in other fields, namely in Macroeconomics, Industrial Economics and Strategic Management, including the American Economic Journal: Macroeconomics, Journal of Industrial Economics, International Journal of Industrial Organization, Small Business Economics and Strategic Management Journal.


He joined IZA as a Research Fellow in December 2004.

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IZA Publications

IZA Discussion Paper No. 2102
Market Power, Dismissal Threat and Rent Sharing: The Role of Insider and Outsider Forces in Wage Bargaining
Anabela Carneiro, Pedro Portugal
published in: International Journal of Manpower, 2008, 29 (1), 30-47
IZA Discussion Paper No. 1926
Wages and the Risk of Displacement
Anabela Carneiro, Pedro Portugal
published in: Research in Labor Economics, 2008, 28, 251-276
IZA Discussion Paper No. 1922
Employment Dynamics and the Structure of Labor Adjustment Costs
José Varejão, Pedro Portugal
published in: Journal of Labor Economics, 2007, 25 (1), 137-165
IZA Discussion Paper No. 1314
Key Elasticities in Job Search Theory: International Evidence
John T. Addison, Mario Centeno, Pedro Portugal
published as 'Unemployment Benefits and Reservation Wages: Key Elasticities from a Stripped-Down Job Search Approach' in Economica, 2010, 77 (305), 46-59.
IZA Discussion Paper No. 1252
Reservation Wages, Search Duration, and Accepted Wages in Europe
John T. Addison, Mario Centeno, Pedro Portugal
IZA Discussion Paper No. 978
How Does the Unemployment Insurance System Shape the Time Profile of Jobless Duration?
John T. Addison, Pedro Portugal
published in: Economics Letters, 2004, 85 (2), 229-234
IZA Discussion Paper No. 954
Six Ways to Leave Unemployment
Pedro Portugal, John T. Addison
published in: Scottish Journal of Political Economy, 2008, 55 (4), 393 - 419
IZA Discussion Paper No. 914
Bargained Wages, Wage Drift and the Design of the Wage Setting System
Ana Rute Cardoso, Pedro Portugal
published as 'Contractual wages and the wage cushion under different bargaining settings' in: Journal of Labor Economics, 2005, 23 (4), 875-902
IZA Discussion Paper No. 544
Disentangling the Minimum Wage Puzzle: An Analysis of Worker Accessions and Separations
Pedro Portugal, Ana Rute Cardoso
published in: Journal of the European Economic Association, 2006, 4 (5), 988-1013. Reprinted in J. T. Addison (ed.) Recent Developments in Labor Economics, Vol. I, UK, 2007, 179-204
IZA Discussion Paper No. 350
Unemployment Duration: Competing and Defective Risks
John T. Addison, Pedro Portugal
published in: Journal of Human Resources, 2003, 38 (1), 156-191
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