Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation
The main objective of this work is to analyze the effects of Brazilian Labor Market Reform (BLMR) in the short run and, based on identified changes in the economy in recent decades, to verify how these changes have affected the labor market. Four methods were used in a complementary way: (i...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Economists' Association of Vojvodina
2023-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | https://doiserbia.nb.rs/img/doi/1452-595X/2023/1452-595X2304601O.pdf |
| _version_ | 1827871612906504192 |
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| author | Oreiro José Luis Gabriel Luciano Ferreira D’Amato Stefan Wilson da Silva Kalinka Martins |
| author_facet | Oreiro José Luis Gabriel Luciano Ferreira D’Amato Stefan Wilson da Silva Kalinka Martins |
| author_sort | Oreiro José Luis |
| collection | DOAJ |
| description | The main objective of this work is to analyze the effects of Brazilian Labor
Market Reform (BLMR) in the short run and, based on identified changes in
the economy in recent decades, to verify how these changes have affected the
labor market. Four methods were used in a complementary way: (i) employment
quality index; (ii) panel data estimation method; (iii) synthetic control
method and (iv) microdata analysis. We observed that there was no
considerable increase in the quality of employment and formal employment and
the rate of unemployment did not decrease after the implementation of these
changes. Part of this dynamic is cyclical and related to exogenous shocks,
such as the COVID pandemic on the Brazilian economy. Finally, according to
econometric analysis, the rate of unemployment in Brazil is more responsive
to investment rates and the business environment than to unit labor cost and
changes in labor legislation. |
| first_indexed | 2024-03-12T16:12:39Z |
| format | Article |
| id | doaj.art-90af09a3ac0c427bab2c5dd2c80267c3 |
| institution | Directory Open Access Journal |
| issn | 1452-595X 2217-2386 |
| language | English |
| last_indexed | 2024-03-12T16:12:39Z |
| publishDate | 2023-01-01 |
| publisher | Economists' Association of Vojvodina |
| record_format | Article |
| series | Panoeconomicus |
| spelling | doaj.art-90af09a3ac0c427bab2c5dd2c80267c32023-08-09T12:42:30ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862023-01-0170460162510.2298/PAN2304601O1452-595X2304601OLabour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislationOreiro José Luis0Gabriel Luciano Ferreira1D’Amato Stefan Wilson2da Silva Kalinka Martins3University of Brasília (UnBB), Economics Department, BrazilFederal University of Juiz de Fora (UFJF), Economics Department, BrazilCenter for Development and Regional Planning, Federal University of Minas Gerais (CEDEPLAR/UFMG), BrazilFederal Institute of Goiás (IFG), Campus Luziania, BrazilThe main objective of this work is to analyze the effects of Brazilian Labor Market Reform (BLMR) in the short run and, based on identified changes in the economy in recent decades, to verify how these changes have affected the labor market. Four methods were used in a complementary way: (i) employment quality index; (ii) panel data estimation method; (iii) synthetic control method and (iv) microdata analysis. We observed that there was no considerable increase in the quality of employment and formal employment and the rate of unemployment did not decrease after the implementation of these changes. Part of this dynamic is cyclical and related to exogenous shocks, such as the COVID pandemic on the Brazilian economy. Finally, according to econometric analysis, the rate of unemployment in Brazil is more responsive to investment rates and the business environment than to unit labor cost and changes in labor legislation.https://doiserbia.nb.rs/img/doi/1452-595X/2023/1452-595X2304601O.pdflabor market reformsdual labor marketemployment quality |
| spellingShingle | Oreiro José Luis Gabriel Luciano Ferreira D’Amato Stefan Wilson da Silva Kalinka Martins Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation Panoeconomicus labor market reforms dual labor market employment quality |
| title | Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation |
| title_full | Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation |
| title_fullStr | Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation |
| title_full_unstemmed | Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation |
| title_short | Labour market reforms in brazil (2017-2021): An analysis of the effects of recent flexibilization on labor market legislation |
| title_sort | labour market reforms in brazil 2017 2021 an analysis of the effects of recent flexibilization on labor market legislation |
| topic | labor market reforms dual labor market employment quality |
| url | https://doiserbia.nb.rs/img/doi/1452-595X/2023/1452-595X2304601O.pdf |
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