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The program increased business formalization between 2009 and 2015 without causing formal salaried workers to shift into micro-entrepreneurship, but generated average monthly tax default rates between 49% and 51% from 2018 to 2020 [4, 5].
Increased average schooling levels served as the primary mechanism explaining the 12 percentage point drop in Brazilian labor informality from 2003 to 2012, counteracting the informalization pressure from rising minimum wages.
Vocational job training programs significantly increased participants' probability of securing formal employment and improved overall employment quality compared to non-participants.