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The high tax wedge on labor income and the cost for the economic sectors, especially industry, is a significant problem in the Brazilian economy. We use a computable general equilibrium model to project the effects of the exemption of the payroll tax on the economy, with different assumptions...
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The aim of this paper is to analyze the impacts of openness on employment and wages, taking into consideration two crucial aspects. The first, related to labor demand, refers to an increase in the relative employment of less-skilled workers. With Brazil being a developing country with abundant...
Persistent link: https://www.econbiz.de/10004968720
The economy of the Brazilian state of Minas Gerais has undergone several changes between the 1950’s and the 1990’s. The main result of those changes was the great heterogeneity amongst its microrregions (dynamic and stagnant areas exist simultaneous). The aim of the paper is to identify the...
Persistent link: https://www.econbiz.de/10009140907