Economic expansion and increase in labout market formality: a poaching approach

Revista Brasileira de Economia

Carlos Henrique L. Corseuil²  Miguel Nathan Foguel¹ 

[1] ,IPEA

关键词: Informality;    Business-cycle;    Hirings;   

DOI  :  10.1590/S0034-71402012000200004

来源: SciELO

【 摘 要 】

This paper investigates the relationship between economic expansion and the degree of formalization for the Brazilian labour market in the recent period. We present a theoretical framework that attempts to explain this relationship through the dynamics of firms hiring strategies. The main predictions are: the share of formal employment rises as the unemployment rate falls, and that the formal-informal wage gap increases, at least at the beginning of the economic expansion. In the empirical part, we use longitudinal microdata from a Brazilian household survey to check whether these two predictions are confirmed. To a large extent our results corroborate both predictions.

【 授权许可】

CC BY   
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