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During the 90’s, the Brazilian economy went thought important changes. The economy was opened to both international commerce and capital flows, inflation rate dropped steeply and the state presence was reduced. These structural changes had important effects on the economic growth and on the...
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The main objective of this study is to evaluate the impact of the 1988 changes in labor market regulations prescribed by the new Constitution on the level of employment and on the speed of employment adjustment in Brazil. From the many aspects of labor market regulations, this study concentrates...
Persistent link: https://www.econbiz.de/10011935014
Despite tremendous macroeconomic instability, Brazil’s urban income distributions in 1976 and 1996 appear, at first glance, deceptively similar. Mean household income per capita was stagnant, with a minute accumulated growth of 4.3% over the two decades. The Gini coefficient hovered just above...
Persistent link: https://www.econbiz.de/10011935020
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