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Following the early 1980s apparent consensus, there has been a controversial debate in the literature over the direction of the minimum wage employment effect. Explanations to nonnegative effects range from theoretical to empirical identification and data issues. An explanation, however, that...
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effects are volatile and the permanent scars are lower employment and higher inflation in Brazil. …
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effects are volatile and the permanent scars are lower employment and higher inflation in Brazil. …
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