A Substituição de Trabalhadores como Instrumento para Redução de Gastos com Salários: Evidências para a Indústria Paulista
AbstractLabor churning is an important component of labor turnover in Brazil, which includes job reallocationbetween firms. The labor churning evolution in the nineties, at least for the industry sector inSao Paulo, folows a very similar path for di erent groups of firms (divided by size or by subsectors),suggesting that changes in the macroeconomic environment a ect labor churning in a very similar wayfor different firms. This paper proposes a model to explain the path of formal labor churning in Brazil.The model admits that employers, when facing exogenous shocks that rise real wage, may substituteemployees to reduce wage costs, particularly in low inflation periods, when real wages are more rigid.An econometric analysis is conducted using disaggregated data by firms for the industry sector in theMetropolitan Region of Sao Paulo. The results confirm the models main hipotesis. The results alsosuggest that, after the monetary estabilization, controlling for inflation and with valid instruments,labor churning is relatively higher
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Bibliographic InfoArticle provided by FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil) in its journal Revista Brasileira de Economia.
Volume (Year): 63 (2009)
Issue (Month): 2 (June)
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Other versions of this item:
- Orellano, Verônica Inês Fernandez & Toldo Pazello, Elaine & Mattos, Enlinson Henrique Carvalho de, 2010. "A substituição de trabalhadores como instrumento para redução de gastos com salários: evidências para a indústria paulista," Textos para discussÃ£o 267, Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil).
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