000			01793nam a22001577a 4500
999			_c522001 _d522001
008			230307b ||||| |||| 00| 0 eng d
100			_aPaula, Guilherme Cemin de and Marques, André M. _938264
245			_aBrazilian wage curve: Further evidence based on spatial interactions in times of recession, 2012–2019
260			_aThe Indian Journal of Labour Economics
300			_a65(3), Jul-Sep, 2022: p. 688-708
520			_aThis paper verifies the existence of a spatial Brazilian wage curve based on individual hourly real wages using quarterly data from the Brazilian National Household Sample Survey for the period 2012 to 2019, probably the largest dataset ever used in this field. Our spatial regression model enables us to estimate both the magnitude and dispersion of the local wage’s rigidity and its response to variations in the level of unemployment in neighbouring states—the spatial spillover. We find strong evidence for negative and significant spatial spillovers affecting local real hourly wages in the whole sample and 13 out of 20 different worker categories. For the entire sample, a 100% increase in local unemployment reduces the individual real wage in Brazil by 2.61% while the same increase in unemployment in contiguous states leads to an additional 1.00% reduction in wages. The findings indicate an overestimation of the real wage elasticity when the regression model neglects significant spatial autocorrelation. The results are robust to spatial effects present in the data, the weak instruments problem, and endogeneity of the regressors.- Reproduced
650			_aLabour market, Spatial wage curve, Unemployment, Spatial spillovers, Bargaining power. _936612
773			_aThe Indian Journal of Labour Economics
906			_aWAGES
942			_cAR