Wages and wage policy

Domingo Zurron Ócio ()

Brazilian Journal of Political Economy, 1986, vol. 6, issue 2, 171-192

Abstract: Using an alternative data, we built a General Wage Index for the industry oftransformation, between 1961 and 1984. Its desagregation permited us to analyse the evolutionof real salaries and real wages of the eight professional categories. We verified thatthe earnings depend, in the first place, on the conduct of the economic cycle, and secondarily,on the factors related to the business’ organizational structure, trade-union movement, andgovernment’s wage policy. The official minimum wage doesn’t seem to determine the wagesrate; its major impact concerns to the informal sector. JEL Classification: J31; J38.

Keywords: Wages; wage policy; minimum wage (search for similar items in EconPapers)
Date: 1986
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