Macro Shocks and Microeconomic Instability: an Episodic Analysis of Booms and Recessions - Neri, Marcelo Cortes, Thomas, Mark R.
Julho/2000
Sobre o paper:
The paper will make two excursions into specificity. First, we examine the impact, during a period of stable and strong growth, of an increase in the minimum wage, which was raised from 70 reais to 100 reais in May 1995. Second, we discuss the effects of the recent recession, and surmise a little on the implications of the PME data for social protection policy in Brazil.
