Showing 1 - 10 of 12
nature of production structure , which is related to the nature of capital mobility among the different sectors.The major …
Persistent link: https://www.econbiz.de/10005408276
There is very little evidence on the effects of the minimum wage on prices in the international literature and none whatsoever for developing countries. This paper analyzes the effects of the minimum wage on prices using monthly Brazilian household and price data from 1982 to 2000 aggregated at...
Persistent link: https://www.econbiz.de/10005076509
The international literature on minimum wage greatly lacks empirical evidence from developing countries. Brazil’s minimum wage policy is a distinctive and central feature of the Brazilian economy. Not only are increases in the minimum wage large and frequent but also the minimum wage has been...
Persistent link: https://www.econbiz.de/10005076541
When ability to avoid rent control is randomly distributed over landlords, housing may rise above its free market level. Landlords evading part of rent-control are like suppliers selling to a perfectly price-discriminating monopsonist. A continuum of evasive abilities gives a range of low rent...
Persistent link: https://www.econbiz.de/10005062520
perfect and imperfect capital mobility2. The effects of different fiscal policies on the equilibrium rate of urban … wage rate is constant. All the results are obtained both in the case of perfect and imperfect capital mobility. …
Persistent link: https://www.econbiz.de/10005556734
We consider a three sector model of informal sector which assumes efficiency wage hypothesis and explains the simultaneous existence of informal sector and urban unemployment. We also study the effects of subsidy policies given to different sectors and the effects of change in capital stock on...
Persistent link: https://www.econbiz.de/10005556735
This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...
Persistent link: https://www.econbiz.de/10005118800
We present a three-sector general equilibrium model with an informal sector, which produces an intermediary for the formal sector, and analyze the effects of different policies on the environmental standard and welfare of the economy. Since the informal manufacturing sector creates pollution,...
Persistent link: https://www.econbiz.de/10005118943
This paper is an attempt to analyze the consequence of trade liberalization in agriculture in the developed countries on the incidence of child labour in a developing economy in terms of a three- sector general equilibrium model with informal sectors. Adult labour and child labour are...
Persistent link: https://www.econbiz.de/10005124906
The international literature on minimum wage greatly lacks empirical evidence from developing countries. In Brazil, not only are increases in the minimum wage large and frequent but also the minimum wage has been used as anti-inflation policy in addition to its social role. This paper estimates...
Persistent link: https://www.econbiz.de/10005125721