Structural change, labor market and employment in brazil after the 2017 labor market reform

Welfare Reform and the Labor Market

This paper reviews the basic theoretical models that are appropriate for analyzing different types of welfare reforms, and the related empirical literature. We first present the canonical labor supply model of a classical welfare program, and then extend this basic framework to include in-kind transfers, incomplete take-up, human capital, preference persistence, and borrowing and saving. The em...

The Labor Market: Structural Processes

The Labor Market Effects of Welfare Reform

The recent reform of the federal welfare system was meant to encourage recipients to leave welfare and enter the workforce. If the reform is successful there are likely to be effects felt throughout the low–skilled end of the labor market. As former welfare recipients enter the labor market, they may exert downward pressure on wages or displace employment of others already in the labor market. ...

Inequality and Mexico’s labor market after trade reform

Technological Change, the Labor market and the Stock Market

This paper presents a model in which a partially anticipated technology shock results, in the short run, in lower investment and higher unemployment. Because of the expectation of future lower proÞts, the market value of existing Þrms –and the wages they pay– decreases before the new (better) technology becomes available. When the new technology arrives, the market value of new Þrms rises, aver...