Ocorrerá no dia 10/07/2024, quarta-feira, às 14h na sala 401A – FCE, o Seminário de Pesquisa “Cash transfer and labor supply: effects of a large-scale emergency program in Brazil” na área de Economia Aplicada, ministrado pelo Prof. Dr. Renato Vieira (FEARP-USP).
Abstract: This study assesses the short-term labor supply effects of Brazil’s Auxílio Emergencial program, which distributed cash transfers equal to 66% of the median household income to over 70 million individuals. Utilizing the staggered rollout of the program, we analyze its impact on beneficiaries’ labor supply. Our findings reveal no overall change in labor supply; however, a disaggregated analysis shows significant offsetting effects among different groups. Individuals previously inactive in the labor market began to seek employment, predominantly as self-employed and in the informal sector, shortly after receiving the transfer. Conversely, those already employed tended to reduce their labor input. The effects were particularly pronounced among women, non-whites, and residents of Brazil’s North and Northeast regions. These results underscore the importance of considering heterogeneous dynamics in assessing the impact of cash transfer programs on labor supply, which often appear negligible in broader analyses.