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Institutions, Informality, and Wage Flexibility: Evidence from Brazil

Author/Editor: Marcello M. Estevão, Irineu E. Carvalho Filho.

Release Date: March, 2012

Price: $18.00

Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses more...