Reis, Maurício Cortez; Camargo, José Márcio - Instituto de Pesquisa Econômica Aplicada (IPEA), … - 2005
Following the inflation stabilization with the Real Plan in 1994, the youthunemployment rate in Brazil increased substantially relative to prime-age adultworkers. We argue in this paper that the increased wage rigid due to inflationstabilization and the employers? uncertainty about young workers...