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ILO pub-wep pub. Working paper on the labour market of Brazil - discusses theoretical aspects of labour market and labour law, effects of government's wage policy, minimum wage laws, underemployment, unemployment, labour market segmentation, labour demand and labour supply in the agricultural...
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A "constant" wage is pair-wise inefficient in a standard search model when workers endogenously separate from employment. We derive a pair-wise efficient employment contract that involves workers paying a hiring fee (or bond) upon the formation of a match. We estimate the constant wage and...
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A “constant” wage is pair-wise inefficient in a standard search model when workers endogenously separate from employment. We derive a pair-wise efficient employment contract that involves workers paying a hiring fee (or bond) upon the formation of a match. We estimate the constant wage and...
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