To deal with the problem of underestimation of top incomes in household surveys, we propose a methodology to combine the income distributions of the Brazilian 2010 Census (survey) and of 2010 DIRPF (personal income tax reports). The method consists on estimating a system of non-response weights...

Multilingual hires are a burgeoning feature of the workplace, but there is little evidence on the returns to language skills. This study puts forth a theoretical framework that comprehensively relates language and non-language skills to labor market outcomes drawing upon a variety of fields:...

This paper explores the implications of nonstandard employment for different types of workers and their change over time. Using data from 1995, 2005 and 2017, we trace the evolving forms of nonstandard employment over the last decade and the associated job quality patterns for workers with...

The platform economy offers new employment opportunities, with ridesharing gaining popularity for its flexibility and low entry costs. While previous studies focused on high-income countries, the global nature of ridesharing suggests varying impacts across nations. This essay examines...

The platform economy emerged as a new employment opportunity for many workers. Ridesharing became especially popular given its low entry costs and flexibility. Several studies have already contributed to understanding ridesharing’s implications for workers and the economy, mainly focusing on...

Extreme inequality in Brazil is self-evident. The historian José Murilo de Carvalho emblematically chose to end his book on the history of citizenship in Brazil with the severe diagnosis that 'inequality is the slavery of today, the new cancer that hinders the constitution of a democratic...

This working paper analyzes paid and unpaid work-time inequalities among Bolivian urban adults using time use data from a 2001 household survey. We identified a gender-based division of labor characterized not so much by who does what type of work but by how much work of each type they do. There...

Brazilian Foreign Exchange (FX) markets have a unique structure: most trades are conducted in the derivatives (futures) market. We study price discovery in the FX markets in Brazil and indicate which market (spot or futures) adjusts more quickly to the arrival of new information. We find that...

The estimation of the impact of macroeconomic announcements in the Brazilian futuresmarkets is used to uncover the relationship between macroeconomic fundamentals andasset prices. Using intraday data from October 2008 to January 2011, we find thatexternal macroeconomic announcements dominate...