IDEAS home Printed from https://ideas.repec.org/a/voj/journl/v70y2023i4p601-625id2019.html
   My bibliography  Save this article

Labour Market Reforms in Brazil (2017-2021): An Analysis of the Effects of Recent Flexibilization on Labor Market Legislation

Author

Listed:
  • José Luis Oreiro
  • Luciano Ferreira Gabriel
  • Stefan Wilson D’Amato
  • Kalinka Martins da Silva

Abstract

The main objective of this work is to analyze the effects of Brazilian Labor Market Reform (BLMR) in the short run and, based on identified changes in the economy in recent decades, to verify how these changes have affected the labor market. Four methods were used in a complementary way: (i) employment quality index; (ii) panel data estimation method; (iii) synthetic control method and (iv) microdata analysis. We observed that there was no considerable increase in the quality of employment and formal employment and the rate of unemployment did not decrease after the implementation of these changes. Part of this dynamic is cyclical and related to exogenous shocks, such as the COVID pandemic on the Brazilian economy. Finally, according to econometric analysis, the rate of unemployment in Brazil is more responsive to investment rates and the business environment than to unit labor cost and changes in labor legislation. JEL: J2, J24, J4, J46, J5, J53.

Suggested Citation

  • José Luis Oreiro & Luciano Ferreira Gabriel & Stefan Wilson D’Amato & Kalinka Martins da Silva, 2023. "Labour Market Reforms in Brazil (2017-2021): An Analysis of the Effects of Recent Flexibilization on Labor Market Legislation," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 70(4), pages 601-625.
    • Handle: RePEc:voj:journl:v:70:y:2023:i:4:p:601-625:id:2019
    as

    Download full text from publisher

    File URL: https://panoeconomicus.org/index.php/jorunal/article/view/2019/802
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Labor market reforms; Dual labor market; Employment quality;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • J46 - Labor and Demographic Economics - - Particular Labor Markets - - - Informal Labor Market
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:70:y:2023:i:4:p:601-625:id:2019. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivana Horvat (email available below). General contact details of provider: https://panoeconomicus.org/index.php/jorunal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.