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This article analyses the effect of labor turnover on the productivity of Brazilian manufacturing firms between 1996 and 2013. We based our analysis on a theory of learning by doing, where turnover harms productivity by restricting the efficiency gains achieved by workers when they accumulate...
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We implement decompositions of cyclical unemployment in a large developing country using the conventional 3-states and a 4-states representation of the labor market, where in the latter we subdivide the employment state into formal and informal forms of employment. This allows a richer analysis...
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