The main objective of this study is to evaluate the impact of the 1988 changes in labor market regulations on the level of employment and on the time required by firms to adjust their employment level to economic fluctuations. From the many aspects of labor market regulations, this study will...

The objective of the paper is to estimate the impact of an increase of dismissal penalties, implemented by the 1988 Brazilian constitution, on the duration of employment spells. After a simple comparison of estimates of this variable in periods pre and post 1988 we made use of two alternative...