Over the past seventeen years the Brazilian macroeconomic performance has been considerably weaker than in previous decades. Inflation reached unprecedented levels and economic growth declined considerably. Despite the overall perception that macroeconomic performance is closely related to...

The available estimations about the effect of minimum wage on poverty relies on partial equilibrium analysis. We estimate these effects in Brazil through a general equilibrium framework, dealing with lots of indirect effects of minimum wage. Using a computable general equilibrium model we...

This paper investigates if the responsibility of the poverty level registered in Brazil is the poor operation of the labor market, in terms of underremuneration and underutilization of the labor factor. By means of a microsimulation based decomposition of distributional changes we assess the...