Are small employers more cyclically sensitive? Evidence from Brazil

Cravo, Túlio

doi:10.1016/j.jmacro.2011.06.003

Cited by 6 publications

(6 citation statements)

References 54 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…small businesses shed more jobs in times of high unemployment and hire proportionally more than large businesses when the economy expands and the unemployment rate declines. This result is in line with other studies for Brazil [1], [11].…”

Section: Evidence For a Developing Country Contextsupporting

confidence: 94%

Firm size and business cycles

Cravo¹

2017

izawol

View full text Add to dashboard Cite

Section: Evidence For a Developing Country Contextsupporting

confidence: 94%

Firm size and business cycles

Cravo¹

2017

izawol

View full text Add to dashboard Cite

“…The differential employment growth rate, using the wage distribution to rank firms, presents a slightly positive correlation with unemployment. These results are in line with available evidence for Brazil and suggest that employment in small and low-paying firms is more cyclically sensitive (Cravo, 2011;. These results are based on proxies that are used in the literature based on the argument that they are positively related to productivity.…”

Section: Evidence On Employment Cyclicality By Firm Size Wage Age supporting

confidence: 88%

“…In developing countries such as Brazil, the labor market is characterized by complex and rigid labor laws that increase hiring costs in the formal sector and affect firm behavior. 3 The scant evidence available (e.g., Cravo 2011Cravo , 2017 indicates that small firms behave differently in Brazil in a developing country context when compared to more developed economies, but detailed evidence is needed to guide policies aimed at reducing employment fluctuations in recessions. As such, academics and policy-makers can benefit greatly from deeper knowledge about the factors influencing employment dynamics in different groups of firms during business cycles in developing countries.…”

Section: Introductionmentioning

confidence: 99%

Employment Cyclicality by Firm Size, Wage, Productivity and Age in Brazil

Cravo¹,

Jacinto²,

Schimanski³

2018

View full text Add to dashboard Cite

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 Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public.

show abstract

“…Another area of the literature emphasizes the importance of business cycle dynamics in employment growth and job stability. Cravo () used establishment‐level aggregate job flow data for Brazil and found small establishments are more sensitive to business cycle dynamics than large establishments. Moscarini and Postel‐Vinay () found small firms matter most for job creation during times of high unemployment, but large firms matter most during times of low unemployment in the US.…”

Section: Literature Reviewmentioning

confidence: 99%

Who Creates Stable Jobs? Evidence from Brazil

Brummund

Connolly

2018

Oxf Bull Econ Stat

View full text Add to dashboard Cite

Recent research shows that start-ups are important for job creation, but these firms are also inherently volatile. We use linked employer-employee data to examine the relative importance of firm age and firm size for job creation and destruction in Brazil. Firm age is a more important determinant of job creation in Brazil than firm size; young firms and start-ups create a relatively high number of jobs. However, young firms are also more likely to exit the market and have higher levels of employment volatility. We, therefore, condition the job creation analysis on job stability. Young firms and large firms create relatively more stable jobs in Brazil.

show abstract

Are small employers more cyclically sensitive? Evidence from Brazil

Cited by 6 publications

References 54 publications

Firm size and business cycles

Firm size and business cycles

Employment Cyclicality by Firm Size, Wage, Productivity and Age in Brazil

Who Creates Stable Jobs? Evidence from Brazil

Contact Info

Product

Resources

About