The economic literature has spent decades of analytical effort in order to provide theoretical and empirical evidence on behavior differences between firms managed by capital (conventional capitalist firms) and firms managed by labor (including cooperatives and professional associations), mainly...

How much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we...

The aim of this work is to test the Gibrat's Law hypothesis for Brazilian firms. Gibrat''s Law establishes that firm growth is a random walk, it means that the probability of a given proportionale change in size during a specified period is the same for all firms in a given industry. This work...

We provide evidence about the determinants of the wage structures of developing countries by examining the case of Brazil. Our specific question is whether Brazil’s dramatic income and wage differentials can be explained by the division of rents between firms and their employees, unlike in...

How much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we...

Qual o impacto da desigualdade salarial intra-rma sobre o desempenho dos trabalhadores e, consequentemente, sobre o desempenho das empresas? N~ao ha na literatura teorica ou emprica um consenso sobre tal efeito. Uma parte da literatura, focada principalmente sobre o papel dos incentivos,...

The aim of this work is to test the Gibrat's Law hypothesis for Brazilian firms. Gibrat''s Law establishes that firm growth is a random walk, it means that the probability of a given proportionale change in size during a specified period is the same for all firms in a given industry. This work...

O objetivo deste artigo é testar empiricamente a relação entre salários e esforço para a indústria brasileira de construção civil. Tal relação é advogada por modelos de salário eficiência, mais especificamente, as versões Shirking Model e Labor Discipline Model. Como a variável...

O período de tempo no qual uma empresa opera em um determinado mercado indica seu histórico de desempenho nos negócios. As evidências disponíveis sugerem que empresas maduras apresentam menores probabilidades de saída de mercado e de falência. A relação entre idade das empresas e...

The aim of this paper is to test the relationship between wage and workers’ labor effort for the Brazilian construction industry. This relationship is stated by both the shirking and the labor discipline versions of efficiency wage models. Actually workers’ labor effort is neither verifiable...