Pedro S. Martins

Research Fellow

Universidade Nova de Lisboa

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Research Interests

Pedro S. Martins is Professor at Nova School of Business and Economics, where he is also deputy director of the NovaSBE Public Policy Institute.

He holds a PhD in economics from the University of Warwick (2005). Between 2004 and 2021, he was Professor at Queen Mary University of London.

He was Secretary of State for Employment in the Government of Portugal from 2011 until 2013. During this period, he was responsible for reforms in areas such as employment legislation, active labour market policies, public employment service, and tripartite dialogue. In 2016, he was a member of the group of experts advising the Government of Greece and the European Commission on labour reforms.

Pedro's current research is focused on collective bargaining, (vocational) training, and employment services. Earlier research included schooling, business cycles, globalisation, and employment law.

His research is published in the Journal of Labor Economics, Journal of Human Resources, American Economic Journal: Macroeconomics, European Economic Review, Journal of the European Economic Association, Labour Economics, Journal of Population Economics, Industrial Relations, British Journal of Industrial Relations, Economics Letters and other journals and edited volumes. He has also collaborated with several international organisations, including the European Commission, ILO, IMF, OECD, and the World Bank.

He joined IZA as a Research Fellow in October 2004.

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IZA Publications

IZA Discussion Paper No. 16957
Does Vocational Education Pay off in China? Evidence from City-Level Education Supply Shocks
Li Dai, Pedro S. Martins
published in: Economic Modelling, 140, 106863, 2024
IZA Discussion Paper No. 16787
Wage Cyclicality and Labour Market Institutions
João Pereira, Raul Ramos, Pedro S. Martins
revised version forthcoming in: Industrial Relations, 2025
IZA Discussion Paper No. 16476
The Wage Effects of Employers' Associations: A Case Study of the Private Schools Sector
Pedro S. Martins
IZA Discussion Paper No. 16475
Making Their Own Weather? Estimating Employer Labour-Market Power and Its Wage Effects
Pedro S. Martins, António Melo
published in: Journal of Urban Economics, 2024, 139, 103614
IZA Discussion Paper No. 16474
Can Vocational Education Improve Schooling and Labour Outcomes? Evidence from a Large Expansion
João R. Ferreira, Pedro S. Martins
IZA Discussion Paper No. 15488
Training, Worker Mobility, and Employer Coordination
Pedro S. Martins, Jonathan P. Thomas
IZA Discussion Paper No. 15370
How Representative Are Social Partners in Europe? The Role of Dissimilarity
Marta Martínez Matute, Pedro S. Martins
published in: Labour, 2022, 36, 424 - 444
IZA Discussion Paper No. 15231
Labour Market Concentration, Wages and Job Security in Europe
Andrea Bassanini, Giulia Bovini, Eve Caroli, Jorge Casanova Ferrando, Federico Cingano, Paolo Falco, Florentino Felgueroso, Marcel Jansen, Pedro S. Martins, António Melo, Michael Oberfichtner, Martin Popp
revised version published online in: Journal of Human Resources, 6 March 2024
IZA Discussion Paper No. 14999
Employment Effects of Restricting Fixed-Term Contracts: Theory and Evidence
Pierre Cahuc, Pauline Carry, Franck Malherbet, Pedro S. Martins
IZA Discussion Paper No. 14332
What Drives Social Returns to Education? A Meta-Analysis
Ying Cui, Pedro S. Martins
published in: World Development, 2021,148, 105651
IZA Discussion Paper No. 14153
Employee Training and Firm Performance: Evidence from ESF Grant Applications
Pedro S. Martins
published in: Labour Economics, 2021, 72, 102056
IZA Discussion Paper No. 13705
What Do Employers' Associations Do?
Pedro S. Martins
IZA Discussion Paper No. 12169
Rent Sharing in China: Magnitude, Heterogeneity and Drivers
Wenjing Duan, Pedro S. Martins
published in: British Journal of Industrial Relations, 2022, 60(1), 176-219
IZA Discussion Paper No. 11790
Collateral Damage? Labour Market Effects of Competing with China – at Home and Abroad
Sónia Cabral, Pedro S. Martins, João Pereira dos Santos, Mariana Tavares
published in: Economica, 2021, 88 (350), 570-600
IZA Discussion Paper No. 11305
The Effect of Self-Employment on Health: Evidence from Longitudinal Social Security Data
Judite Goncalves, Pedro S. Martins
published in: Small Business Economics, 2021, 57(3), 1527-1543
IZA Discussion Paper No. 11113
Collective Bargaining through the Magnifying Glass: A Comparison between the Netherlands and Portugal
Alexander Hijzen, Pedro S. Martins, Jante Parlevliet
published as 'Frontal assault versus incremental change: A comparison of collective bargaining in Portugal and the Netherlands' in: IZA Journal of Labor Policy, 2019/0008
IZA Discussion Paper No. 10950
(How) Do Non-Cognitive Skills Programs Improve Adolescent School Achievement? Experimental Evidence
Pedro S. Martins
IZA Discussion Paper No. 10289
The Diversity of Personnel Practices and Firm Performance
Pedro S. Martins
published in: S. W. Polachek, K. Tatsiramos, G. Russo, G. van Houten (eds.), Workplace Productivity and Management Practices', (Research in Labour Economics 49), 2021
IZA Discussion Paper No. 10262
Working to Get Fired? Regression Discontinuity Effects of Unemployment Benefit Eligibility on Prior Employment Duration
Pedro S. Martins
published in: Journal of Policy Modelling, 2021, 43 (5), 1016-1030
IZA Discussion Paper No. 10222
The Third Worker: Assessing the Trade-off between Employees and Contractors
Pedro S. Martins
IZA Discussion Paper No. 10206
Should the Maximum Duration of Fixed-Term Contracts Increase in Recessions? Evidence from a Law Reform
Pedro S. Martins
published in: International Review of Law and Economics, 2021, 68, 106009
IZA Discussion Paper No. 10205
Can Overtime Premium Flexibility Promote Employment? Firm- and Worker-Level Evidence from a Labour Law Reform
Pedro S. Martins
IZA Discussion Paper No. 10204
No Extension Without Representation? Evidence from a Natural Experiment in Collective Bargaining
Alexander Hijzen, Pedro S. Martins
published in: IZA Journal of Labor Economics, 2020, 9(5), 1-31
IZA Discussion Paper No. 9849
Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution
Pedro S. Martins, Andy Snell, Heiko Stüber, Jonathan P. Thomas
published in: Journal of Labor Economics, 2018, 36(1), 47-74
IZA Discussion Paper No. 8600
Reemployment and Substitution Effects from Increased Activation: Evidence from Times of Crisis
Pedro S. Martins, Sofia Pessoa e Costa
IZA Discussion Paper No. 8540
30,000 Minimum Wages: The Economic Effects of Collective Bargaining Extensions
Pedro S. Martins
published in: British Journal of Industrial Relations, 2021, 59(2), 335–369
IZA Discussion Paper No. 6644
Do Immigrants Displace Native Workers? Evidence from Matched Panel Data
Pedro S. Martins, Matloob Piracha, José Varejão
published in: Economic Modelling, 72(C), 216-222, 2018
IZA Discussion Paper No. 6013
Why Ex(Im)porters Pay More: Evidence from Matched Firm-Worker Panels
Pedro S. Martins, Luca David Opromolla
IZA Discussion Paper No. 5503
Minu, Startu and All That: Pitfalls in Estimating the Sensitivity of a Worker's Wage to Aggregate Unemployment
Pedro S. Martins, Andy Snell, Jonathan P. Thomas
IZA Discussion Paper No. 5349
Cronyism
Pedro S. Martins
IZA Discussion Paper No. 5283
Globalised Labour Markets? International Rent Sharing across 47 Countries
Pedro S. Martins, Yong Yang
published in: British Journal of Industrial Relations, 2015, 53(4), 664–691
IZA Discussion Paper No. 5266
Can Targeted, Non-Cognitive Skills Programs Improve Achievement? Evidence from EPIS
Pedro S. Martins
IZA Discussion Paper No. 5259
Do Foreign-Owned Firms Provide Better Working Conditions Than Their Domestic Counterparts? A Comparative Analysis
Alexander Hijzen, Pedro S. Martins, Thorsten Schank, Richard Upward
published as 'Foreign-owned firms around the world: A comparative analysis of wages and employment at the micro-level' in: European Economic Review, 2013, 60, 170-188
IZA Discussion Paper No. 4757
Measuring What Employers Really Do about Entry Wages over the Business Cycle
Pedro S. Martins, Gary Solon, Jonathan P. Thomas
published in: American Economic Journal: Macroeconomics, 2012, 4 (4), 36-55
IZA Discussion Paper No. 4646
Exports, Imports and Wages: Evidence from Matched Firm-Worker-Product Panels
Pedro S. Martins, Luca David Opromolla
IZA Discussion Paper No. 4346
Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting
Pedro S. Martins, Andy Snell, Jonathan P. Thomas
published in: Scandinavian Journal of Economics, 112(4), 841-863, 2010
IZA Discussion Paper No. 4187
Increasing the Legal Retirement Age: The Impact on Wages, Worker Flows and Firm Performance
Pedro S. Martins, Alvaro A. Novo, Pedro Portugal
IZA Discussion Paper No. 4051
Individual Teacher Incentives, Student Achievement and Grade Inflation
Pedro S. Martins
revised version forthcoming in: Public Choice, 2025
IZA Discussion Paper No. 3607
Paying More to Hire the Best? Foreign Firms, Wages and Worker Mobility
Pedro S. Martins
published in: Economic Inquiry, 2011, 49 (2), 349–363
IZA Discussion Paper No. 3542
Foreign Ownership, Employment and Wages in Brazil: Evidence from Acquisitions, Divestments and Job Movers
Pedro S. Martins, Luiz A. Esteves
IZA Discussion Paper No. 3112
Dismissals for Cause: The Difference That Just Eight Paragraphs Can Make
Pedro S. Martins
published in: Journal of Labor Economics, 27(2), 257–279, 2009
IZA Discussion Paper No. 2929
Heterogeneity in Real Wage Cyclicality
Pedro S. Martins
published in: Scottish Journal of Political Economy, 54(5), 684-698, 2007
IZA Discussion Paper No. 2490
Student Achievement and University Classes: Effects of Attendance, Size, Peers, and Teachers
Pedro S. Martins, Ian Walker
IZA Discussion Paper No. 2317
Is There Rent Sharing in Developing Countries? Matched-Panel Evidence from Brazil
Pedro S. Martins, Luiz A. Esteves
IZA Discussion Paper No. 1388
Do Foreign Firms Really Pay Higher Wages? Evidence from Different Estimators
Pedro S. Martins
IZA Discussion Paper No. 1382
Firm-Level Social Returns to Education
Pedro S. Martins
published in: Journal of Population Economics, 2010, 23(2), 539-558
IZA Discussion Paper No. 1376
Rent Sharing Before and After the Wage Bill
Pedro S. Martins
published in: Applied Economics, 2009, 41(17), 2133-2151
IZA Discussion Paper No. 321
Is there a Return-Risk Link in Education?
Pedro T. Pereira, Pedro S. Martins
published in: Economics Letters, 2002, 75 (1), 31-37
IZA Discussion Paper No. 298
Returns to Education and Wage Equations
Pedro T. Pereira, Pedro S. Martins
published in: Applied Economics, 2004, 36 (6), 525-531
IZA Discussion Paper No. 120
Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries
Pedro T. Pereira, Pedro S. Martins
published in: Labour Economics, 2004, 11 (3), 355-371
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