Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208165 
Year of Publication: 
2019
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-975
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
While the relationship between business cycles and employment is a topic of continuing interest, it has received limited attention in the literature focusing on developing countries. This study adds to the literature as it analyzes the heterogeneous correlations of the business cycle with different age, education, and ethnic groups by gender in a developing country setting, controlling for other characteristics. Using data from Brazil's monthly PME employment surveys between 2002 and 2016, regressions are estimated to assess how business cycles affect employment in specific demographic groups. The results provide evidence of large heterogeneities among demographic groups. Interestingly, unemployment rates in levels across demographic groups are not necessarily aligned with the sensitivity of these demographic groups' (un)employment and participation rates to economic crises.
Subjects: 
Labor Market
Brazil
Developing Countries
Business Cycles
Heterogeneous Effects
Employment Dynamics
JEL: 
E24
J21
J23
J24
J46
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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