Estado:

Aprovado

Começa:

7 de Dezembro de 2021, 12:00

Termina:

7 de Dezembro de 2021, 13:00

Recursos:

PT

Tema

" COVID-19 Impact on the labour market of Tourism Dependent Nations: The Southern Europe case"

This project intends to analyse the impact of the COVID-19 pandemic on the labour market in 2020. As tourism-related activities were one of the most affected ones, Portugal is compared with Spain, Greece, and Italy since these nations are all similar regarding the weight of tourism in the economy. The authors decided to use both the unemployment rate and the labour market slack as dependent variables, focusing their analysis on the latter, since it also accounts for people who cannot seek a job due to pandemic reasons. They used cross-sectional data at NUTS 2 level to perform multiple linear regressions to analyse what determinants are more likely to have affected the labour slack. The results show that COVID-19 cases, the relevance of tourism, and the percentage of young employment (used as a proxy for temporary contracts), are the most significant variables. An increase of 100 COVID-19 cases per 100 000 residents is estimated to have induced a 0.1pp boost in the labour slack growth between 2019 and 2020. On the other hand, an increase of 1pp in the percentage of employment in tourism related activities, and young employment is expected to have originated an increment by, respectively, 1pp and 4pp on the main outcome variable. Contrarily, the results do not show any significance of lockdowns in the change of the labour market slack of the nations analysed. 

Oradores

Hugo Fonseca is currently a second-year student of the BSc in Economics at Nova School of Business and Economics. He currently holds the position of Head of Content at Nova Economics Club.

Hugo Marques de Sousa is former head of the Podcast (Spring 2021) and of Human Resources (Fall 2020) at Nova Economics Club. He is in the third year of the BSc in Economics at Nova School of Business and Economics, completing now an exchange programme in Aalto University School of Business. He is member of Nova Economics Club since September 2019 and conducted research about the regional and sectorial productivity patterns in Portugal and about the impact of COVID-19 crisis in the labour market. Before higher education, he was President of the Students’ Union, students’ representative, and spokesman of the Lisbon district in the Portuguese Youth Parliament.

Francisco Pires Lhano is a Graduate Fellow of the Bocconi Economic Society, and former member of the Nova Economics Club. He holds a BSc Degree in Economics from Nova School of Business and Economics, and he was an exchange student at Maastricht University. He is currently enrolled in the MSc in Economic and Social Sciences at Bocconi University. He conducted research in the fields of Political Economy and Labour Economics, being also interested in Development Economics and Public Policy. He was the Logistics Manager at Economia Viva 2021 and is currently working as a Freelancer Consultant for Med in Motion.

Tiago Martins is a second-year student of the MSc in Economics at Nova School of Business and Economics with specialization in International Development and Public Policy. He holds a BSc Degree in Economics from Iscte-Instituto Universitário de Lisboa, and he was an exchange student at Tilburg University. He is a former member of both the Economics Students Group of Iscte-Instituto Universitário de Lisboa and Nova Economics Club. He has conducted research on Labour Economics and is also interested in Development Economics. Currently, he is a member of the Novafrica Students Group and is part-time working as tutor of Economics.

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