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Sustaining Employment And Wage Gains In Brazil
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Book Synopsis Sustaining Employment and Wage Gains in Brazil by : Joana Silva
Download or read book Sustaining Employment and Wage Gains in Brazil written by Joana Silva and published by World Bank Publications. This book was released on 2015-08-26 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continued social and economic progress in Brazil will depend on high employment, sustained labor productivity and income growth, and opportunities for the poor and disadvantaged to upgrade their own productivity and convert it into sustainable incomes.
Book Synopsis Rightsizing Brazil’s Public-Sector Wage Bill by : Ms.Izabela Karpowicz
Download or read book Rightsizing Brazil’s Public-Sector Wage Bill written by Ms.Izabela Karpowicz and published by International Monetary Fund. This book was released on 2018-10-08 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil’s public-sector wage bill is comparatively high. It grows inertially and competes with other spending. Rightsizing the wage bill could stimulate administrative efficiency and bring more equity into a system where public employees earn more than private in comparable professions. Most importantly, however, a reform is necessary to comply with the Federal government expenditure ceiling and the subnational fiscal responsibility rules. A reform should thus encompass all government levels, and all careers, and should aim to achieve a real decrease in salaries and lower employment. In the medium term, a review of the compensation structure should rationalize the multitude if wage grids, merge allowances into the base wage, and align public sector compensation to private wages in low-skilled professions.
Book Synopsis Institutions, Informality, and Wage Flexibility by : Mr.Marcello M. Estevão
Download or read book Institutions, Informality, and Wage Flexibility written by Mr.Marcello M. Estevão and published by International Monetary Fund. This book was released on 2012-03-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states that faced higher increases in informality (i.e., illegal work contracts) following the introduction of the new Constitution tended to have smaller drops in wage responsiveness to macroeconomic conditions, thus suggesting that informality serves as a escape valve to an over-regulated environment.
Book Synopsis The Short-Term Impact of COVID-19 on Labor Markets, Poverty and Inequality in Brazil by : International Monetary Fund
Download or read book The Short-Term Impact of COVID-19 on Labor Markets, Poverty and Inequality in Brazil written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-05 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document the short-term impact of the COVID-19 pandemic on the Brazilian labor market focusing on employment, wages and hours worked using the nationally representative household surveys PNAD-Continua and PNAD COVID. Sectors most susceptible to the shock because they are more contact-intensive and less teleworkable, such as construction, domestic services and hospitality, suffered large job losses and reductions in hours. Given low income workers experienced the largest decline in earnings, extreme poverty and the Gini coefficient based on labor income increased by around 9.2 and 5 percentage points, respectively, due to the immediate shock. The government’s broad based, temporary Emergency Aid transfer program more than offset the labor income losses for the bottom four deciles, however, such that poverty relative to the pre-COVID baseline fell. At a cost of around 4 percent of GDP in 2020 such support is not fiscally sustainable beyond the short-term and ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not pick up sufficiently fast in 2021.
Book Synopsis Trade Liberalization, Employment Flows and Wage Inequality in Brazil by : Francisco H. G. Ferreira
Download or read book Trade Liberalization, Employment Flows and Wage Inequality in Brazil written by Francisco H. G. Ferreira and published by . This book was released on 2007 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using nationally representative, economywide data, this paper investigates the relative importance of trade-mandated effects on industry wage premia; industry and economywide skill premia; and employment flows in accounting for changes in the wage distribution in Brazil during the 1988-95 trade liberalization. Unlike in other Latin American countries, trade liberalization appears to have made a significant contribution toward a reduction in wage inequality. These effects have not occurred through changes in industry-specific (wage or skill) premia. Instead, they appear to have been channeled through substantial employment flows across sectors and formality categories. Changes in the economywide skill premium are also important.
Book Synopsis Wages, Labour and Regional Development in Brazil by : William D. Savedoff
Download or read book Wages, Labour and Regional Development in Brazil written by William D. Savedoff and published by . This book was released on 1995 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive text that presents an economic study of Brazil from a regional, labour and developmental viewpoint. Regional wage differentials are examined.
Book Synopsis Firms and the Decline in Earnings Inequality in Brazil by : Jorge Alvarez
Download or read book Firms and the Decline in Earnings Inequality in Brazil written by Jorge Alvarez and published by International Monetary Fund. This book was released on 2017-12-14 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document a large decrease in earnings inequality in Brazil between 1996 and 2012. Using administrative linked employer-employee data, we fit high-dimensional worker and firm fixed effects models to understand the sources of this decrease. Firm effects account for 40 percent of the total decrease and worker effects for 29 percent. Changes in observable worker and firm characteristics contributed little to these trends. Instead, the decrease is primarily due to a compression of returns to these characteristics, particularly a declining firm productivity pay premium. Our results shed light on potential drivers of earnings inequality dynamics.
Book Synopsis Inequality in Brazil: A Regional Perspective by : Carlos Góes
Download or read book Inequality in Brazil: A Regional Perspective written by Carlos Góes and published by International Monetary Fund. This book was released on 2017-10-31 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households’ survey. We adjust the state-Gini coefficients for spatial price differences using information on households’ rental prices available in the survey. In a panel regression framework, we find that labor income growth, formalization, and schooling contributed to the decline in inequality during 2004-14, but redistributive policies, such as Bolsa Família, have also played a positive role. Going forward, it will be important to phase out untargeted subsidies, such as public spending on tertiary education, and contain growth of public sector wages, to improve budgetary efficiency and protect gains in equality.
Download or read book Jobs and Growth written by Mark A. Dutz and published by World Bank Publications. This book was released on 2018-08-31 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil approaches its 2018 election with an economy that is gradually recovering from the deepest recession in its recent economic history. However, for many Brazilians, the recovery has not yet translated into new and better jobs, or rising incomes. This book explores the drivers of future employment and income growth. Its key finding: Brazil needs to dramatically improve its performance across all industries in terms of productivity if the country is to provide better jobs for its citizens and generate lasting gains in incomes growth for all. This is particularly important as Brazil is aging rapidly and the boost the country has enjoyed thanks to its young and growing labor force in the past decades will disappear in just a few years’ time. The book recommends a change in the relationship between the state and business, from rewarding privileged incumbents to fostering competition and innovation—together with supporting workers and firms to adjust to the demands of the market. The book is addressed to all scholars and students of Brazil’s economy, especially those interested in why the country’s economic performance has not kept up with earlier achievements since the reintroduction of democracy in the mid-1980s. Its conclusions are urgent and pertinent but also optimistic. With the right policy mix, Brazil could enter the third century of its independence in 2022 well on track to join the ranks of high income countries.
Book Synopsis Spatial Dynamics of Labor Markets in Brazil by : Kenneth M. Chomitz
Download or read book Spatial Dynamics of Labor Markets in Brazil written by Kenneth M. Chomitz and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There was substantial spatial variation in labor market outcomes in Brazil over the 1990's. In 2000, about one fifth of workers lived in apparently economically stagnant municipios where real wages declined but employment increased faster than the national population growth rate. More than one third lived in apparently dynamic municipios experiencing both real wage growth and faster-than-average employment growth; these areas absorbed more than half of net employment growth over the period. To elucidate this spatial variation, we estimated spatial labor supply and demand equations describing wage and employment changes of Brazilian municípios. We used Conley's spatial GMM technique to allow for instrumental variable estimation in the presence of spatially autocorrelated errors. Chief findings include: a very strong influence of initial workforce educational levels on subsequent wage growth (controlling for possibly confounding variables such as remoteness and climate); evidence of positive spillover effects of own-municipio growth onto neighbors' wage and employment levels; an exodus from farming areas; relatively elastic response of wages to an increase in labor supply; and evidence of a local multiplier effect from government transfers.
Book Synopsis Employment and Development under Globalization by : S. Cohn
Download or read book Employment and Development under Globalization written by S. Cohn and published by Springer. This book was released on 2012-07-24 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cohn lays out a new strategy of how states can produce economic development in poor nations – by considering barber shops, beauty parlours, hotels and restaurants in Brazil. Cohn considers the case of nations with budgetary limits that cannot afford to follow the East Asian model, and finds alternative policies that create jobs and reduce poverty.
Book Synopsis Spatial Dynamics of Labor Markets in Brazil by :
Download or read book Spatial Dynamics of Labor Markets in Brazil written by and published by . This book was released on 2005 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: There was substantial spatial variation in labor market outcomes in Brazil over the 1990s. In 2000, about one-fifth of workers lived in apparently economically stagnant municipios where real wages declined but employment increased faster than the national population growth rate. More than one-third lived in apparently dynamic municipios, experiencing both real wage growth and faster-than-average employment growth. These areas absorbed more than half of net employment growth over the period. To elucidate this spatial variation, the authors estimate spatial labor supply and demand equations describing wage and employment changes of Brazilian municipios. They use Conley's spatial GMM technique to allow for instrumental variable estimation in the presence of spatially autocorrelated errors. The main findings include: (1) a very strong influence of initial workforce educational levels on subsequent wage growth (controlling for possibly confounding variables such as remoteness and climate); (2) evidence of positive spillover effects of own-municipio growth onto neighbors' wage and employment levels; (3) an exodus from farming areas; (4) relatively elastic response of wages to an increase in labor supply; and (5) evidence of a local multiplier effect from government transfers.
Download or read book Brazil written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report, conducted jointly by researchers in Brazil and at the World Bank, aims to address the debate on how the Brazilian labor market functions. It does so not by focusing on labor market functioning but on its outcomes. What is central are labor market outcomes, such as adequate employment growth so that job-seekers can find gainful employment, acceptable worker productivity levels that are fairly compensated, and reasonable income security for workers and their households. This report is structured as follows: Chapter 1 argues that labor laws have begun to show signs of obsolescence. Chapter 2 shows this is reflected in deteriorating outcomes. Key indicators--employment growth, labor force participation, unemployment rates, and income security--all point to worsening labor market functioning since the mid-1990s. The report then examines how changed macroeconomic circumstances call for changes in labor market institutions, regulations, and interventions. Using a characterization of the economy in which informality has a central role, Chapter 3 illustrates the correspondence between the three main macroeconomic phenomena of the 1990s--greater openness, stabilization, and fiscal adjustment--and Brazil's labor market priorities. Chapter 4 concludes that the labor market has signaled the shortage of educated workers since the 1990s, and the onus is now on the education and training systems to respond. Analysis of how Brazil's labor market functions in Chapter 5 points to evidence that indicates that Brazil's poorer workers and smaller firms are especially disadvantaged by how the labor market functions. The report identifies three sets of priorities for reform: changes in mandated non-wage benefits and minimum wage setting to price labor correctly and encourage empoloyment growth (Chapter 6), changes in severance legislation and functioning of labor courts to better align incentives and increase productivity (Chapter 7), and improvements in interventions to increase income security for all workers (Chapter 8). Chapter 9 summarizes and highlights the main policy implications. Volume 2 contains in-depth examination of the issues of interest in Brazil and the relevant international experience, on which Chapters 1 through 8 of the first volume are based.
Book Synopsis Changes in Employment and the Distribution of Income During the Brazilian "miracle" by : Samuel A. Morley
Download or read book Changes in Employment and the Distribution of Income During the Brazilian "miracle" written by Samuel A. Morley and published by . This book was released on 1976 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working paper on the repercussions of rapid economic development in Brazil on wages and income distribution, with particular reference to trends from 1968 to 1973 - constitutes part of a WEP research project on income distribution and employment. References and statistical tables.
Book Synopsis Skills and Jobs in Brazil by : Rita K. Almeida
Download or read book Skills and Jobs in Brazil written by Rita K. Almeida and published by World Bank Publications. This book was released on 2018-07-19 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skills and Jobs in Brazil: An Agenda for Youth is a new report focusing on the challenge of economic engagement among the Brazilian youth. In the context of a fast aging population, Brazil’s greatest economic opportunity is to increase its labor productivity, especially that of youth. This report documents important new facts about the extent of the youth economic disengagement, while at school and at work. Today, close to half of the Brazilian youth aged 15-29 years old is not fully economically engaged, because they are neither working nor studying, are studying in schools of poor quality, or are working in informal and precarious jobs. The report shows how the youth prospects in the labor market are dimmed by policies favoring existing workers over new entrants; in addition, it shows how youth are often ill equipped to meet an increasingly challenging labor market. The report suggests new education, skills, and jobs policy changes that Brazil could prioritize moving forward, so that it can take advantage of the last wave of its demographic transition. The report discusses in particular depth policies aiming to increase learning and reduce school dropouts in upper secondary education, and labor market policies that aim to support more effective and faster youth transitions from school to work.
Book Synopsis Non-State Actors and Sustainable Development in Brazil by : Eduardo Gonçalves Gresse
Download or read book Non-State Actors and Sustainable Development in Brazil written by Eduardo Gonçalves Gresse and published by Taylor & Francis. This book was released on 2022-11-23 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates how non-state actors have become key drivers of the diffusion of the UN 2030 Agenda for Sustainable Development in Brazil. The UN ranks Brazil as the most biodiverse country in the world, but the country’s environment has never been under greater threat, with the rise of multiple crises bringing mounting challenges to socioeconomic development and environmental protection. As state support has fallen away, non-state actors have actively engaged and eventually mobilized other social actors towards the promotion of the SDGs and the implementation of the UN agenda. This book asks why it is that non-state actors have dedicated so much time, effort and resources to promote a non-binding agenda that was ratified by and is mainly assigned to state actors. Looking at the roles of academia, civil society, and the private sector, the book explores the different ways in which these social actors make sense of and translate the 2030 Agenda into practice within their respective local contexts. Drawing on extensive fieldwork, this book sheds light on a series of challenges, opportunities and contradictions within the global agenda and its implementation. Assessing what the Brazil case can teach us about the diffusion of the 2030 Agenda and the SDGs more broadly, this book will be of interest to academics in the field of Sustainable Development, Latin America Studies and Environmental Politics as well as sustainable development researchers and policy makers.
Book Synopsis Economic Aspects of Population and Labor Force Growth in Brazil by : Timothy King
Download or read book Economic Aspects of Population and Labor Force Growth in Brazil written by Timothy King and published by . This book was released on 1970 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
