Pedro Portugal

Research Fellow

Banco de Portugal

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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. 14798
The Persistence of Wages
Anabela Carneiro, Pedro Portugal, Pedro Raposo, Paulo M. M. Rodrigues
forthcoming in: Journal of Econometrics, 2021.
IZA Discussion Paper No. 11559
Zooming the Ins and Outs of the U.S. Unemployment with a Wavelet Lens
Pedro Portugal, António Rua
forthcoming as 'How the Ins and Outs Shape Differently the U.S. Unemployment Over Time and Across Frequencies' in: European Economic Review.
IZA Discussion Paper No. 11419
The Returns to Schooling Unveiled
Ana Rute Cardoso, Paulo Guimaraes, Pedro Portugal, Hugo Reis
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 forthcoming as 'Union Membership Density and Wages: The Role of Worker, Firm, and Job-Title Heterogeneity' in: Journal of Econometrics
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
forthcoming 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.
IZA Discussion Paper No. 8943
Unions and Collective Bargaining in the Wake of the Great Recession
John T. Addison, Pedro Portugal, Hugo Vilares
revised version published as 'Unions and Collective Bargaining in the Wake of the Great Recession: Evidence from Portugal' in: British Journal of Industrial Relations, 2017, 55(3), 551-576.
IZA Discussion Paper No. 8848
Drug Decriminalization and the Price of Illicit Drugs
Sónia Félix, Pedro Portugal
published in: International Journal of Drug Policy, 2017, 39, 121-129
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