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Tulio A. Cravo

Inter-American Development Bank, USA

It is a pleasure to contribute to the World of Labor as it is a very interesting instrument to effectively inform policymakers about the latest knowledge on labor market issues and their policy implications

IZA World of Labor role

Author

Current position

Labor market specialist, Inter-American Development Bank

Research interest

Labor economics, development economics, entrepreneurship

Website

http://sites.google.com/site/tucravo

Past positions

Research Specialist, UNU-WIDER, Finland

Qualifications

PhD Economics, Loughborough University, 2011

Selected publications

  • “Regional growth and SMEs in Brazil: A spatial panel Approach”. Regional Studies 49:12 (2015).

  • “Are small employers more cyclically sensitive? Evidence from Brazil”. Journal of Macroeconomics 33:4 (2011).

  • “SMEs and regional economic growth in Brazil.” Small Business Economics 38:2 (2011) (with B. Becker and A. Gourlay).

  • “A closer look at the recent skilled labor demand increase in Brazil.” Journal of Economic Studies 44:2 (2017) (with P. Jacinto and E. Ribeiro).

article(s)

  • Firm size and business cycles

    Do small businesses shed proportionately more jobs than large businesses during recessions?

    Tulio A. Cravo, June 2017
    The discussion on how economic activity affects employment in large and small businesses is critical for the formulation of labor policies, especially during recessions. Knowing how firm size is related to job creation and job destruction is important to design effective policies aimed at dampening employment fluctuations. Recent evidence for developed countries indicates that large firms are proportionately more sensitive to cycles than small firms; however, this pattern is not confirmed for periods of credit constraint or in a developing country context, where small businesses might be more sensitive due to more extreme credit constraints.
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