This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Risk of Firm Closure and Wages in Brazil: Compensating Wage Di erentials or Bargaining Concessions?

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Luiz A. Esteves () (Universidade Federal do Paraná and Università di Siena)

Additional information is available for the following registered author(s):

Abstract

The economic theory proposes two hypotheses for the relationship between wages and risk of job loss due to rm (or plant) closure. The rst hypothesis posits that workers at greater risk should be compensated by higher wages. This is known as the theory of compensating wage diferentials. The second hypothesis states that workers at rms with a greater risk of closure would be willing to exchange higher wages for longer-term stability in the job. This is known as the theory of bargaining concessions. There is a paucity of empirical studies on this issue, and the results have been inconsistent. The aim of this paper is to provide evidence for the Brazilian manufacturing industry. To accomplish that, diferent risk measures, diferent databases, and di erent econometric methods are used. All the tests performed in this study con rm the theory of compensating wage diferentials.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.economiaetecnologia.ufpr.br/textos_discussao/texto_para_discussao_ano_2008_texto_06.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Universidade Federal do Paraná, Department of Economics in its series Working Papers with number 0077.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 23 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:fup:wpaper:0077

Note: Creation Date corresponds to the year in which the paper was published on the Department of Economics website. The paper may have been written a small number of months before its publication date.
Contact details of provider:
Postal: Av. Prefeito Loth�rio Meissner, 632 - t�rreo, Bairro Jardim Bot�nico, 80210-170 Curitiba - PR
Phone: (041)360-4350
Fax: (041)360-4471
Email:
Web page: http://www.economiaetecnologia.ufpr.br/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Luciano Nakabashi).

Related research
Keywords: exit; bankruptcy; severance payments; insolvency; wage determination;

Find related papers by JEL classification:
C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data
J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

This paper has been announced in the following NEP Reports:

Statistics
Access and download statistics

Did you know? You can import bibliographic info in various formats into you bibliographic tool, or just into your word processor. See under "publisher info" on each abstract page.

This page was last updated on 2009-11-6.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.