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This paper tests Phillips curves using an autoregressive distributed lag (ADL) specification that encompasses the New Keynesian Phillips curve (NKPC), the Hybrid Phillips curve (HPC), the Sticky-Information Phillips curve (SIPC), and the accelerationist Phillips curve (APC). We use data from...
Persistent link: https://www.econbiz.de/10010406311
This study investigates the wage gap between the public and private sectors in Brazil. The analysis is carried out with 2009 microdata from the Pesquisa Nacional por Amostra de Domicílios (PNAD) and it takes account its complex sample design. The main contribution of this study is the...
Persistent link: https://www.econbiz.de/10009558393
Persistent link: https://www.econbiz.de/10001692609
Economic downturn of Rio de Janeiro in last decades is an stylized fact in regional economics in Brazil. People worry if São Paulo is attracting jobs that are lost in Rio. In this paper we investigate the economic foundations of this problem. We first derive an analytical framework and hence do...
Persistent link: https://www.econbiz.de/10011748429