G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w29696
来源IDWorking Paper 29696
Earnings Inequality and Dynamics in the Presence of Informality: The Case of Brazil
Niklas Engbom; Gustavo Gonzaga; Christian Moser; Roberta Olivieri
发表日期2022-01-31
出版年2022
语种英语
摘要Using rich administrative and household survey data spanning 34 years from 1985 to 2018, we document a series of new facts on earnings inequality and dynamics in a developing country with a large informal sector: Brazil. Since the mid-1990s, both inequality and volatility of earnings have declined significantly in Brazil’s formal sector. Higher-order moments of the distribution of earnings changes show cyclical movements in Brazil that are similar to those in developed countries like the US. Relative to the formal sector, the informal sector is associated with a significant earnings penalty and higher earnings volatility for identical workers. Earnings changes of workers who switch from formal to informal (from informal to formal) employment are relatively negative (positive) and large in magnitude, dispersed, negatively (positively) skewed, and less leptokurtic. Our results suggest that informal employment is an imperfect insurance mechanism.
主题Microeconomics ; Market Structure and Distribution ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Compensation ; Labor Market Structures ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w29696
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587370
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Niklas Engbom,Gustavo Gonzaga,Christian Moser,et al. Earnings Inequality and Dynamics in the Presence of Informality: The Case of Brazil. 2022.
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