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The Dominican Republic stands out as a fast growing economy that has not been able to generate a commensurate reduction in poverty. Three reasons have been raised before to explain this conundrum: (i) a labor market that does not translate productivity gains into salary increases; (ii) a...
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This article presents an overview of the principal results of research on the impact of the minimum wage on the Brazilian labor market. The effects of the minimum wage on employment, wage levels, and poverty are analyzed, as is the relationship between the minimum wage and the government...
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This paper aims at contributing to the debate regarding the role of the minimum wage in Brazil. This is carried out by assessing its potential effects on the labor market outcomes, as well in terms of poverty alleviation and fiscal impact. First, a succinct description of the institutional...
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This paper investigates the impacts of greater trade openness on employment, poverty and inequality in Brazil. The empirical strategy is based on decomposition analysis exercises to assess the main determinants of current account deficits following trade liberalization as well as output...
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Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Editors -- Abbreviations -- Overview -- The Dominican Economy: Strong albeit Barely Inclusive Growth -- Why Has High Economic Growth Not Led to Better Equity Outcomes? -- Why Is Growth Insufficient to Reduce Poverty in the...
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