Coleção Insper Business and Economics Working Papers
URI permanente para esta coleçãohttps://repositorio.insper.edu.br/handle/11224/5740
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Resultados da Pesquisa
- Assessing the Permanent Income Hypothesis in Poor Areas: The Case of Rural Pensions in Brazil(2024) Komatsu, Bruno Kawaoka; Dias, Lucas; NAERCIO AQUINO MENEZES FILHOIn Brazil, poor women in family agriculture are entitled to a monthly unconditional pension from the government when they turn 55, a large predictable income increase for rural families. In this paper, we use a national family expenditure survey and a fuzzy regression discontinuity design strategy to estimate the impacts of that pension on consumption, finance and labor market indicators. We show that the pension increases income by 50%, but does not change the consumption of non-durables or food insecurity. Loans repayments rise upon receipt of the pension, which implies that access to credit allowed consumption smoothing. We also find heterogeneity of responses by socioeconomic status, with women with lower education levels driving the result, while those with higher education levels increased their non-durable spending. These findings lend support to the standard life-cycle consumption model, even in very poor environments.
- I’ve Got You Covered: The Role of Spousal Information Sharing in Applying for Social Security Pensions in Rural Brazil(2024) Souza, Augusto Ranier de A.; NAERCIO AQUINO MENEZES FILHO; Komatsu, Bruno KawaokaIn this paper, we assess the mechanism of spousal information sharing about retirement benefits as a key factor determining access to social security among married Brazilian couples residing in rural areas. Employing a regression discontinuity design, we unveil a significant increase in the probability of an individual’s access to an age-related retirement benefit as a result of his/her partner gaining access to it, even in cases where the individual was previously already entitled to the benefit. We also show that the effect is stronger among low educated couples and that the hypothesis of retirement spillovers cannot account for this phenomenon.
Working Paper Probabilidades de Admissão e Desligamento no Mercado de Trabalho Brasileiro(2015) Nunes, Douglas Uemura; NAERCIO AQUINO MENEZES FILHO; Komatsu, Bruno KawaokaEste artigo avalia as probabilidades de admissão e desligamento no mercado de trabalho brasileiro, e mensura sua contribuição para a variabilidade cíclica da taxa de desemprego no país. Para isso, é utilizada uma metodologia recente, que permite a obtenção das probabilidades através dos estoques de empregados e desempregos corrigindo o viés de agregação de tempo. Verificamos que, para o período de 1983 a 2001, as oscilações da taxa de admissão foram responsáveis por 75% da variabilidade da taxa de desemprego nas principais regiões metropolitanas do Brasil. Entre 2004 e 2013 a taxa de admissão explica 80% dessas variações.