Who Suffers During Recessions in Brazil? [report]

Túlio Cravo, Caroline Schimanski
2019 unpublished
Standard-Nutzungsbedingungen: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen
more » ... von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. work is licensed under a Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives (CC-IGO BY-NC-ND 3.0 IGO) license (http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ legalcode) and may be reproduced with attribution to the IDB and for any non-commercial purpose, as provided below. No derivative work is allowed. Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license. 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. JEL Codes: E24, J21, J23, J24, J46
doi:10.18235/0001640 fatcat:d2seuffwbfg2bg5g7vcfq5xqwy