How Long to Read Institutions, Informality, and Wage Flexibility

How Long Does it Take to Read Institutions, Informality, and Wage Flexibility?

It takes the average reader and 30 minutes to read Institutions, Informality, and Wage Flexibility by Mr.Marcello M. Estevão

Assuming a reading speed of 250 words per minute. Learn more

Description

Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states that faced higher increases in informality (i.e., illegal work contracts) following the introduction of the new Constitution tended to have smaller drops in wage responsiveness to macroeconomic conditions, thus suggesting that informality serves as a escape valve to an over-regulated environment.

How long is Institutions, Informality, and Wage Flexibility?

Institutions, Informality, and Wage Flexibility by Mr.Marcello M. Estevão is 29 pages long, and a total of 7,511 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Institutions, Informality, and Wage Flexibility Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read Institutions, Informality, and Wage Flexibility aloud.

What Reading Level is Institutions, Informality, and Wage Flexibility?

Institutions, Informality, and Wage Flexibility is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Institutions, Informality, and Wage Flexibility?

Institutions, Informality, and Wage Flexibility by Mr.Marcello M. Estevão is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Institutions, Informality, and Wage Flexibility by Mr.Marcello M. Estevão on Amazon click the button below.