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School of Business and Management

Professor Pedro Martins


Professor of Applied Economics

Telephone: +44 (0)20 7882 2708
Room Number: Room 3.44b, Francis Bancroft Building, Mile End Campus
Twitter: @pmrsmartins
Office Hours: By Appointment




Prof Martins is an empirical labour economist. His policy-oriented research draws on his experience as Secretary of State for Employment in the Government of Portugal (2011-2013) and has been supported by a number of organisations, including the European Commission, OECD, IMF, ILO, ESRC, British Academy, and IPEA.

Prof Martins is also a research fellow of IZA (Bonn) and the head of the Scientific Council of EPIS, an NGO that promotes social inclusion.



Research Interests:

Prof Martins is an empirical labour economist. His main research interests are in:

  • employment law/collective bargaining
  • employment services/training
  • the role of international trade and multinationals on labour markets 

Centre and Group Membership:



Journal articles

  • Cabral, P. Martins, J. Santos & M. Tavares (2021) 'Collateral damage? Labour market effects of competing with China - at home and abroad'. Economica, forthcoming. 
  • Goncalves & P. Martins (2021) 'The effect of self-employment on health: Evidence from longitudinal social security data', Small Business Economics, forthcoming
  • Martins (2021) '30,000 Minimum Wages: The Economic Effects of Collective Bargaining Extensions'. British Journal of Industrial Relations, forthcoming
  • Hijzen & P. Martins (2020) 'No Extension without Representation? Evidence from a Natural Experiment in Collective Bargaining'. IZA Journal of Labor Economics, 9(5), 1-31.
  • Martins & J. Saraiva (2020) 'Assessing the Legal Value Added of Collective Bargaining Agreements'. International Review of Law & Economics, 62(C), 1-13, 2020
  • Martins (2019) 'The Microeconomic Impact of Employee Representatives: Evidence from Membership Thresholds', Industrial Relations, 58(4), 591-622.
  • Hijzen, P. Martins & J. Parlevliet (2019) ‘Frontal assault versus incremental change: A comparison of collective bargaining in Portugal and the Netherlands', IZA Journal of Labor Policy, 9(8), 1-26.
  • Snell, P. Martins, H. Stueber & J. Thomas (2018) Bias in Returns to Tenure When Firm Wages and Employment Comove: A Quantitative Assessment and Solution', Journal of Labor Economics, 36(1), 47-74.
  • Martins, M. Piracha & J. Varejao (2018) 'Do Immigrants Displace Native Workers? Evidence from Matched Panel Data'. Economic Modelling, 72(C), 216-222
  • Martins & Y. Yang (2015) 'Globalised labour markets? International rent sharing across 47 countries'. British Journal of Industrial Relations, 53(4), 664–691.
  • Martins, Y. Yang & N. Driffield (2013) 'Multinational Performance and the Geography of FDI: Evidence from 46 Countries', Management International Review, 53(6), 763-794. 
  • Hijzen, P. Martins, Th. Schank & R. Upward (2013) 'Foreign-Owned Firms Around the World: A Comparative Analysis of Wages and Employment at the Micro-Level', European Economic Review, 60(C), 170-188. 
  • Martins, G. Solon & J. Thomas (2012) 'Measuring What Employers Do about Entry Wages over the Business Cycle: A New Approach', American Economic Journal: Macroeconomics, 4(4), 36-55. 
  • Martins (2011) 'Paying More to Hire the Best? Foreign Firms, Wages and Worker Mobility', Economic Inquiry, 49(2), 349-363.
  • Martins, A Snell & J Thomas (2010) 'Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting', Scandinavian Journal of Economics, 112(4), 841-863.
  • Martins & J. Jin (2010) 'Firm-Level Social Returns to Education', Journal of Population Economics,23(2), 539-558
  • Martins (2009) 'Dismissals for Cause: The Difference that Just Eight Paragraphs Can Make', Journal of Labor Economics,27(2), 257-279
  • Martins & Y. Yang (2009) 'The Impact of Exporting on Firm Productivity: A Meta-Analysis of the Learning-by-Exporting Hypothesis', Review of World Economics,145(3), 431-445
  • Martins (2009) 'Rent Sharing Before and After the Wage Bill', Applied Economics,41(17), 2133-2151
  • Martins (2008) 'Dispersion in Wage Premiums and Firm Performance', Economics Letters,101(1), 63-65
  • Martins (2007) 'Heterogeneity in Real Wage Cyclicality', Scottish Journal of Political Economy,54(5), 684-698
  • Martins, A. Snell & J. Thomas (2005) 'Wage Dynamics, Cohort Effects, and Limited Commitment Models', Journal of the European Economic Association,3(2/3): 350-359
  • Martins & P. Pereira (2004) 'Does Education Reduce Wage Inequality? Quantile Regression Evidence from 16 Countries', Labour Economics,11(3): 355-371.
  • Martins (2004) 'Industry Wage Premia: Evidence from the Wage Distribution', Economics Letters,83(2): 157-163.
  • Martins & P. Pereira (2002) 'Is There a Return-Risk Link in Education?' Economics Letters,75(1): 31-37.


Recent working papers

  • Martins (2020) 'What do Employers' Associations do?' (IZA DP 13705)
  • Martins (2020) 'Jobs Cronyism in Public-Sector Firms' (GLO DP 624)
  • Dai and P. Martins (2020) 'Does vocational education pay off in China? Quantile-regression instrumental-variables evidence' (GLO DP 495)
  • Martins (2020) 'Employee training and firm performance: Quasi-experimental evidence from the European Social Fund' (GLO DP 488)
  • Martins and W. Duan (2020) 'Rent sharing in China: Magnitude, Heterogeneity and Drivers' (IZA DP 12169)
  • Martins (2018) 'Making their own weather? Estimating employer labour-market power and its wage effects' (CGR WP 95)

Grants, Contracts and Awards:

  • 'Economic Analysis of Collective Bargaining Extensions', DG Employment, European Commission, 2017-2019 (PI, €405k)
  • 'Developing vocational training in the Mozambique labour market', International Growth Centre, July-November 2015 (PI, £19.6k)
  • 'ActiValuate: Counterfactual impact evaluation of a large activation programme' - European Commission, DG Employment, Social Affairs and Inclusion, April 2014-May 2015 (€96k).
  • 'Comparative Analysis of Enterprise Data: Industry Dynamics, Firm Performance, and Worker Outcomes', COST/ESF/European Commission (Coordinator: Professor John Earle), 2008-2010 (€400k)
  • 'Competitiveness, Innovation and Intangible Investment in Europe', European Commission (Coordinator: Professor Jonathan Haskel), 2008-2010 (€1.4m)
  • 'Cohort effects within firms, and their implications for labour market outcomes and the business cycle', ESRC (Coordinator: Professor Jonathan Thomas), 2008-2011 (£330k).
  • 'Temporary Contracts and Economic Performance', FCT, 2010-2012 (€28k)
  • Bank of Portugal award, 2010 Conference on Economic Development, €5,000


Areas of Supervision Expertise:

  • Empirical labour economics

Current Doctoral Students:

1st Supervisor

  • Huy Quang Bui, ‘Search and Matching in Labour Markets and International Trade’
  • Ying Cui, ‘Social Returns to Education – Evidence from China’


2nd Supervisor

  • Danula Gamage, 'Essays in Gender (In)equality in British Higher Education Sector.'
  • Yifan Qian, 'Network science, big data analytics, and deep learning: An interdisciplinary approach to the study of citation, social and collaboration networks.'

PhD Supervision Completions:

  • Vladislav Skovorodov, 'Macroeconomic effects of monetary policy shocks : credit and inflation expectation transmission channels.' Awarded 2020.
  • Li Dai, 'An Empirical Study of the Return to Education in the Case of China.' Awarded 2020. Currently Assistant Professor, Hunan University
  • Eshref Trushin, 'Evaluation of incentives for R&D in the pharmaceutical industry with applications for neglected diseases.' Awarded 2010. Currently Senior Lecturer in Economics, De Montfort University.
  • Yong Yang, 'Internationalization and firm performance : meta analysis and new empirical evidence.' Awarded 2009. Currently Reader in Strategy, Sussex University.



Public Engagement