Salaries: a possible compromise alternative

This article deals with the political debate concerning the Brazilian wage legislationduring the second semester of 1983. It explores the reasons behind proposals based onfull price indexation but suggests that measures that maintain the level of real mean wagesduring periods of wage readjustment ar...

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Detalles Bibliográficos
Autor: Souza, Paulo Renato
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1984
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1884
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1884
Access Level:acceso abierto
Palabra clave:Reajuste salarial
salários
Wage readjustment
wages
Descripción
Sumario:This article deals with the political debate concerning the Brazilian wage legislationduring the second semester of 1983. It explores the reasons behind proposals based onfull price indexation but suggests that measures that maintain the level of real mean wagesduring periods of wage readjustment are a realistic first step in a policy aimed at real wagerecuperation in a nonrecessionary environment. The article discusses some mechanisms ofreal average wage maintenance, including a sliding scale of readjustments not based on fixedadjustment periods. Complementary measures dealing with price controls and broader macroeconomicpolicies are discussed in closing. JEL Classification: J31; J33.