Polissemia nominal diacrônica. Do conceito ao linguístico: relações lexicias a partir dos corpora de especialidade

Tese apresentada para cumprimento dos requisitos necessários à obtenção do grau de Doutor em Linguística – Lexicologia, Lexicografia e Terminologia e e Tese apresentada para cumprimento dos requisitos necessários à obtenção do grau de Doutor em Filologia e Língua Portugesa na Faculdade de Filosofia Letras e Ciências Humanas da Universidade de São Paulo

Wage adjustments under extreme downward nominal wage rigidity

Using a rich and highly accurate dataset for Portugal spanning from 1986 to 2013, this paper analyzes the determinants of downward nominal wage rigidity, mainly focusing on macroeconomic factors. The data supports the hypothesis that recessionary periods alongside with low in ation contribute to a higher degree of wage rigidity, as measured by the incidence of nominal wage freezes. It is further highlighted how this lack of wage adjustments con- tributed to an increase in labor costs which culminated in a wage markup of 6-7%. This paper, thus seems to corroborate the argument that low in ation did exacerbated the downward in exibility of (real) wages after the Great Recession.