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1 – 10 of over 4000Alhassan Bangura and Roberto Curci
This study examines transmission of U.S. equity markets returns and volatility into Brazilian equity and labor markets. Monthly closing prices of U.S. S&P500 and Bovespa indexes…
Abstract
This study examines transmission of U.S. equity markets returns and volatility into Brazilian equity and labor markets. Monthly closing prices of U.S. S&P500 and Bovespa indexes are used to proxy U.S. and Brazilian equity market returns. Brazilian monthly unemployment rates and the average wage index are used to measure U.S. equity market spillovers on foreign labor markets. Using a vector autoregression (VAR) model, a unidirectional return and volatility transmission from the U.S. to Brazil is found. The evidence also indicates that there is a weaker but significant lagged spillover of U.S. stock returns and volatility to the Brazilian labor market.
Wilson Amorim, AndréLuiz Fischer and Fabiana Bitencourt Fevorini
This paper deals with the insertion of workers aged 50 years or more in the Brazilian labor market. Considering this question, the purpose of this paper is to raise evidence about…
Abstract
Purpose
This paper deals with the insertion of workers aged 50 years or more in the Brazilian labor market. Considering this question, the purpose of this paper is to raise evidence about the existence of ageism – prejudice against that age range. The paper identifies the characteristics of participation by workers age 50 or older in Brazil’s formal labor market. The paper also identifies whether and how the specific issues of these workers are handled in the individual employment contract, with the human resources management (HRM) policies and practices of a group of companies.
Design/methodology/approach
The study applied a quantitative approach in an analysis of the older population in the Brazilian labor market (Annual Social Information Report (RAIS) database and “MEPT” survey database – 2011/2016). The RAIS data are collected annually by the Ministério do Trabalho e Emprego – MTE, coming from all establishments with or without formal employees, whether statutory (public servants) or private organizations. MEPT survey is an annual study focused on quality of the organizational environment and HRM practices (organizations participate voluntarily). A qualitative approach was applied also in a document content analysis on information about HRM policies and practices based on MEPT companies’ research evidence reports.
Findings
There is evidence of ageism among private companies in Brazil with better HRM. These companies hire proportionally less old workers than the market and their HRM policies and practices scarcely handle with employees. The workers age 50 and over among the workers employed (private and mixed capital companies) have growing participation in the labor market. The profile of these workers is predominantly male, higher level education considering the market average, and working under longer lasting formal contracts comparing all workers combined. People involved in the individual hiring of workers from this age group do not even give this subject much attention.
Research limitations/implications
The specific objective of verifying if and how the specific issues that workers of 50 years and older are dealing; in the individual hiring for work, encountered limitations based on the restricted character of the data presented. In particular, the information related to the best companies (MEPT) is representative only of its own group and thus is restricted to the private sector. Although this cannot be generalized, they offer support for reflections on the subject.
Practical implications
This paper shows how companies with advanced HRM handle with older workers in their policies and practices.
Social implications
This work points out that that the aging of workers will be a problem to be discussed by the companies HRM in the future.
Originality/value
This paper identifies the need to study how companies will deal with the increasing number of older workers.
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Wenjun Liu, Tomokazu Nomura and Shoji Nishijima
This paper investigates discrimination against women within the Brazilian labour market using firm-level data from the World Bank Investment Climate Survey. The purpose of this…
Abstract
Purpose
This paper investigates discrimination against women within the Brazilian labour market using firm-level data from the World Bank Investment Climate Survey. The purpose of this paper is to determine whether the female employees in the Brazilian labour market are paid less than their productivity warrants due to the existence of discrimination.
Design/methodology/approach
Based on employer discrimination model proposed by Becker (1971) that considered the proportion of female employees as a proxy for the extent of discrimination, the authors estimate the profit function using OLS analysis, and regress it on the proportion of female employees and other firm characteristics. To address the endogeneity problem caused by unobservable productivity shocks, the authors employed the methods proposed by Olley and Pakes (1996) and Levinsohn and Petrin (2003), respectively.
Findings
The results indicate that the proportion of female employees has positive effect on firms’ profit in 2002, but has no effect in 2007. This finding gives evidence of the existence of discrimination against female employees within the Brazilian labour market in the early 2000s, while the gender discrimination was reduced overtime.
Originality/value
This paper’s main contribution is to provide an approach that differs from that of previous research to determine whether discrimination exists within the Brazilian labour market. This paper also provides policy insights for Brazilian labour market.
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Mario Aquino Alves and Marcus Vinícius Peinado Gomes
We analyze how Brazilian Black Movement organizations and banks deployed different mechanisms like cooperation, cooptation, and confrontation that generated affirmative action…
Abstract
We analyze how Brazilian Black Movement organizations and banks deployed different mechanisms like cooperation, cooptation, and confrontation that generated affirmative action initiatives in the banking sector at the beginning of this century. Black movement organizations triggered an institutional change by connecting fields and exploring a constellation of strategies. However, Brazilian banks adopted defensive strategies aiming to accommodate their interests. We find that only piecemeal change occurred, as the field’s structures – resource distribution and power – remained unscratched. We conclude by noting how the success of social movement strategies can depend upon the framing and sense-giving work that social movements conduct in their continuous jockeying activity toward incumbents.
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Paulo Roberto Amorim Loureiro, Ricardo Azevedo Araujo and Nathalia Almeida de Souza
The aim of this paper is to perform an evaluation of the Brazilian informal labor market, following the lines suggested by Araujo and Souza. The paper focuses on the Brazilian…
Abstract
Purpose
The aim of this paper is to perform an evaluation of the Brazilian informal labor market, following the lines suggested by Araujo and Souza. The paper focuses on the Brazilian labor market by using data from the National Household Sampling Survey – PNAD/IBGE, from 1995 to 2008.
Design/methodology/approach
The paper uses four different methodologies: the OLS, pseudo‐panel with fixed effects, instrumental variables and the Heckman selection model. The data for this study were obtained at the National Household Sampling Survey – PNAD/IBGE, from 1995 to 2008, with an exception to the years of 1994 and 2000, when this survey did not occur. The cross‐section data were pooled and divided in two periods: 1995‐2002 and 2003‐2008. The sample ranges individuals from 22 to 57 years of age.
Findings
The empirical findings show that although wages play an import role in the decision of workers and firms, all wage gaps between formal and informal markets reduced considerably, as has been pointed out by Mattos and Ogura. However, an increase in one year of study would raise the probability of participating in the formal sector while diminishing the probability of joining the informal sector. Besides, the skill premium in the formal sector is higher than in the informal sector.
Originality/value
Results indicate that the main difference between the 1995‐2002 and 2003‐2008 period is the impact of education over wages. Returns to education for the second period are greater than for the first period analyzed. The monetary gains for the first period vary from 16.5 to 18.2 percent for formality and from 12.2 to 14.3 percent for informal labor. Whereas, for the second period these gains range from 19.7 to 22.6 percent and from 16.9 to 18.2 percent, for formality and informality, respectively. According to these findings, investments made on education were more profitable for the 2003‐2008 period. However, all wage gaps between formal and informal markets reduced considerably, which reinforces the fact that workers are increasingly deciding in which market to operate.
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Wilson Aparecido Costa de Amorim, Marcus Vinicius Gonçalves da Cruz, Amyra Moyzes Sarsur and André Luiz Fischer
The purpose of this work is to comparatively study human resources management (HRM) areas in Brazil, at the national level, analyzing how companies considered labor market and…
Abstract
Purpose
The purpose of this work is to comparatively study human resources management (HRM) areas in Brazil, at the national level, analyzing how companies considered labor market and labor relations aspects when building their strategies and when configuring people management models in place in the country (2014–2019), based on local conditions.
Design/methodology/approach
The subject was approached through qualitative analysis, encompassing document survey, systematic literature review, specialists' panel discussions, eight focus groups (43 human resources [HR] managers), interviews (16 union members), applying institutional approach to people management.
Findings
In regards to labor market and unions, HR areas faced different conditions across Brazilian regions. They have dealt with those influences on their strategic and quotidian decisions in an unstructured fashion. HR areas remain constructed as traditional, adjuvant and far from strategic level. In the institutionalization process – normative isomorphism – a professional HR jargon use was identified. HR areas usually act in collective bargaining, resorting to specialized professionals or consulting companies. During the economic crisis, HR professionals' attitude had a reactive nature, responding to organizations leadership, with little dedication to the emerging context.
Practical implications
This work enables important players like HR managers, union members and specialists in public policies to interpret the institutionalization phenomena of practices related to management, labor market and labor relations in the country.
Social implications
Understanding the effects of the relations among state, companies and unions allows the different power vectors, acting upon the institutionalization process of people management areas in the Brazilian case, to be outlined.
Originality/value
This study applies the institutional approach to understand the economic and social heterogeneity affecting organizations in Brazil. It enhances the knowledge on HRM areas scope and their articulation toward labor market and relations.
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Leandro Pinheiro Vieira and Rafael Mesquita Pereira
This study aims to investigate the effect of smoking on the income of workers in the Brazilian labor market.
Abstract
Purpose
This study aims to investigate the effect of smoking on the income of workers in the Brazilian labor market.
Design/methodology/approach
Using data from the 2019 National Health Survey (PNS), we initially address the sample selection bias concerning labor market participation by using the Heckman (1979) method. Subsequently, the decomposition of income between smokers and nonsmokers is analyzed, both on average and across the earnings distribution by employing the procedure of Firpo, Fortin, and Lemieux (2009) - FFL decomposition. Ñopo (2008) technique is also used to obtain more robust estimates.
Findings
Overall, the findings indicate an income penalty for smokers in the Brazilian labor market across both the average and all quantiles of the income distribution. Notably, the most significant differentials and income penalties against smokers are observed in the lower quantiles of the distribution. Conversely, in the higher quantiles, there is a tendency toward a smaller magnitude of this gap, with limited evidence of an income penalty associated with this habit.
Research limitations/implications
This study presents an important limitation, which refers to a restriction of the PNS (2019), which does not provide information about some subjective factors that also tend to influence the levels of labor income, such as the level of effort and specific ability of each worker, whether smokers or not, something that could also, in some way, be related to some latent individual predisposition that would influence the choice of smoking.
Originality/value
The relevance of the present study is clear in identifying the heterogeneity of the income gap in favor of nonsmokers, as in the lower quantiles there was a greater magnitude of differentials against smokers and a greater incidence of unexplained penalties in the income of these workers, while in the higher quantiles, there was low magnitude of the differentials and little evidence that there is a penalty in earnings since the worker is a smoker.
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Cecília Dutra Carolino, Giullia Gallego, Alexandre Nicolella and Elaine Toldo Pazello
This paper evaluates the short-term impact of childcare centres' closures, due to COVID-19 restrictions, on Brazilian mothers' labour force participation and employment rates.
Abstract
Purpose
This paper evaluates the short-term impact of childcare centres' closures, due to COVID-19 restrictions, on Brazilian mothers' labour force participation and employment rates.
Design/methodology/approach
Formal education is non-mandatory according to Brazilian law until the age of four, allowing the identification of children that attend childcare centres and of those that do not attend. Using data from the Brazilian Household Survey, PNAD Contínua/IBGE, the authors construct a two-period panel with women sampled in the second quarter of 2019 and 2020. The authors apply propensity score matching and differences-in-differences methods to control selection into treatment.
Findings
The results show a negative impact in terms of employment for mothers whose children attended a childcare centre before the COVID-19 pandemic. But there was no impact in terms of labour force participation rates. Investigating heterogeneous effects associated with childcare centres' closures, the authors find that women with fewer years of schooling, with children aged two or three years old and located in urban areas, suffered greater penalties in the labour market due to the closure of childcare centres.
Originality/value
Few studies could distinguish the pandemic effects directly associated with childcare centres' closures. The paper is the first to analyse the Brazilian case, undertaking an original approach to handle the problem of selection bias. The results help identify the most vulnerable groups of women in the labour market, shedding light on the importance of childcare centres on women's labour supply and of compensating mechanisms to serve as protection during the crisis.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2022-0748.
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The purpose of this paper is to examine how Brazilian organizations have handled diversity.
Abstract
Purpose
The purpose of this paper is to examine how Brazilian organizations have handled diversity.
Design/methodology/approach
This study draws upon the historical analysis by focusing essentially on secondary sources of data, surface-level indicators, namely, race, gender and age. Accordingly, the major sources of information used in this study are the rankings of the Great Place to Work® Institute Brazil (between 2005 and 2013) and from the Brazilian Ministry of Labor and Employment’s reports (between 2009 and 2013).
Findings
The evidence gathered from the Great Place to Work® Institute Brazil’s lists and the Brazilian Ministry of Labor and Employment’s reports produced mixed results regarding the moral imperative derived from the acculturation of a broad diversity mindset.
Research limitations/implications
This study is not free from limitations. Both sources used in this inquiry do not depict other relevant data that could provide more accurate results.
Practical implications
Overall, the findings of this study suggest that training programs and sound work values revision are necessary steps to reduce discrimination, stereotypes, gender bias and to promote diversity and inclusion inside Brazilian organizations.
Originality/value
It contributes to the understanding of the current diversity scenario in Brazilian organizations by drawing on a historical analysis method. It relied on two germane secondary sources of data.
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Izabel Faustino, Katy Maia, Magno Rogerio Gomes, Paulo Mourao and Elisangela Araujo
This paper analyzes the issue of wage differentials and gender discrimination in the Brazilian labor market.
Abstract
Purpose
This paper analyzes the issue of wage differentials and gender discrimination in the Brazilian labor market.
Design/methodology/approach
The methodology is based on the log-linear equation model by Mincer (1974) and the decomposition method by Oaxaca (1973) and Blinder (1973) and was estimated using data from the National Household Sample Survey (PNAD).
Findings
The main results indicate that there was a reduction in wage differentials and gender discrimination in the majority of regions in Brazil for white workers when comparing the available years. However, for non-white workers, the degree of discrimination increased in Brazil, especially in the central-west and southeast regions. Overall, wage decompositions have suggested that women suffer from wage discrimination.
Originality/value
This is the first paper detailing wage discrimination across the different Brazilian regions and also controlling for usual dimensions like gender and race.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-09-2021-0569.
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