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. 16911
On the Asymmetrical Sensitivity of the Distribution of Real Wages to Business Cycle Fluctuations
Rodrigo Barrela, Eduardo Costa, Pedro Portugal
IZA Discussion Paper No. 15977
Retrieving the Returns to Experience, Tenure, and Job Mobility from Work Histories
John T. Addison, Pedro Portugal, Pedro Raposo
IZA Discussion Paper No. 14798
The Persistence of Wages
Anabela Carneiro, Pedro Portugal, Pedro Raposo, Paulo M. M. Rodrigues
published in: Journal of Econometrics, 2023, 233 (2), 596 - 611
IZA Discussion Paper No. 11559
Zooming the Ins and Outs of the U.S. Unemployment with a Wavelet Lens
Pedro Portugal, António Rua
published as 'How the Ins and Outs Shape Differently the U.S. Unemployment Over Time and Across Frequencies' in: European Economic Review, 2020, 121, 103348
IZA Discussion Paper No. 11419
The Returns to Schooling Unveiled
Ana Rute Cardoso, Paulo Guimaraes, Pedro Portugal, Hugo Reis
part 1 of this paper published online as 'What Lies Behind the Returns to Schooling: The Role of Labor Market Sorting and Worker Heterogeneity' in: Review of Economics and Statistics, 22 August 2024
IZA Discussion Paper No. 10895
Going after the Addiction, Not the Addicted: The Impact of Drug Decriminalization in Portugal
Sónia Félix, Pedro Portugal, Ana Tavares
IZA Discussion Paper No. 10510
Upward Nominal Wage Rigidity
Paulo Guimaraes, Fernando Martins, Pedro Portugal
IZA Discussion Paper No. 10241
Labor Market Imperfections and the Firm's Wage Setting Policy
Sónia Félix, Pedro Portugal
IZA Discussion Paper No. 9221
Sources of the Union Wage Gap: Results from High-Dimensional Fixed Effects Regression Models
John T. Addison, Pedro Portugal, Hugo Vilares
revised version published as 'Union Membership Density and Wages: The Role of Worker, Firm, and Job-Title Heterogeneity' in: Journal of Econometrics. 2023, 233 (2), 612-632.
IZA Discussion Paper No. 9220
Decomposing the Wage Losses of Displaced Workers: The Role of the Reallocation of Workers into Firms and Job Titles
Pedro Raposo, Pedro Portugal, Anabela Carneiro
published as 'The Sources of the Wage Losses of Displaced workers: The Role of the Reallocation of Workers into Firms, Matches, and Job Titles' in: Journal of Human Resources, 2021, 56 (3), 786 - 820
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