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How relevant is the information contained in credit transfer microdata for the economic sector and regional salary characterisation in Portugal?
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Resumo(s)
Salary information is crucial for designing and evaluating labour market policies. Traditional
data sources on salaries in Portugal usually have significant time lags, limiting decisions during
volatile periods. Since credit transfers are widely used for salary payments, daily transaction
data collected by Banco de Portugal presents a timely alternative. This study evaluates the
suitability of credit transfer transactions for analysing salary dynamics in Portugal during the
first semester of 2024. The findings demonstrate that credit transfer payments data offers up to-date and detailed insights into salary trends and regional disparities, providing a valuable
tool for monitoring and informing policy decisions.
Descrição
Palavras-chave
Payments data Microdata Credit transfers Salary distribution Country region Economic activity sector Socio-economic characterisation