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Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis
Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - Institute for the Study of Labor (IZA) - 2009
The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...
Persistent link: https://www.econbiz.de/10008514864
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Unemployment and Finance: How Do Financial and Labour Market Factors Interact?
Gatti, Donatella; Vaubourg, Anne-Gaël - Institute for the Study of Labor (IZA) - 2009
Using data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased market capitalization as well as decreased...
Persistent link: https://www.econbiz.de/10005703280
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How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries
Cho, Yoonyoung; Newhouse, David - Institute for the Study of Labor (IZA) - 2011
This paper examines how different types of workers in 17 middle-income countries were affected by labor market retrenchment during the great recession. Impacts on different types of workers varied by country and were only weakly related to the severity of the shock. Among active workers, youth...
Persistent link: https://www.econbiz.de/10009003937
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Wage Rigidity and Disinflation in Emerging Countries
Messina, Julián; Sanz-de-Galdeano, Anna - Institute for the Study of Labor (IZA) - 2011
, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities … are more important in Uruguay, while wage indexation is dominant in Brazil. Two regime changes are observed during the … more pronounced; and (ii) in Brazil, the introduction of inflation targeting by the Central Bank in 1999 shifts the focal …
Persistent link: https://www.econbiz.de/10009149154
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International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries: Some Panel Evidence
Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - Institute for the Study of Labor (IZA) - 2009
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10005762383
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Industrialization Lessons from BRICS: A Comparative Analysis
Naudé, Wim; Szirmai, Adam; Lavopa, Alejandro - Institute for the Study of Labor (IZA) - 2013
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of … de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector …
Persistent link: https://www.econbiz.de/10010884080
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Spillovers from Conditional Cash Transfer Programs: Bolsa Família and Crime in Urban Brazil
Chioda, Laura; Mello, João M. P. de; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2012
combining detailed school characteristics with time and geo-referenced crime information from the city of São Paulo, Brazil, we …
Persistent link: https://www.econbiz.de/10009652098
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Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals
Lichand, Guilherme; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2011
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10009283566
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The Use of Violence in Illegal Markets: Evidence from Mahogany Trade in the Brazilian Amazon
Chimeli, Ariaster B.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2011
first piece of evidence on the causal effect of illegality on systemic violence. Brazil has historically been the main world …
Persistent link: https://www.econbiz.de/10009283573
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Institutional Development and Colonial Heritage within Brazil
Naritomi, Joana; Soares, Rodrigo R.; Assunção, Juliano J. - Institute for the Study of Labor (IZA) - 2009
This paper analyzes the determinants of local institutions and distribution of political power within a constant 'macro-institutional' setting. We show that characteristics of Brazilian municipalities related to institutional quality and distribution of political power are partly inherited from...
Persistent link: https://www.econbiz.de/10005039651