At the same time, the aggregate wagecost that firms bear has fallen sharply as expensive baby-boomers retire and cheap, non-regular employees take up the slack.
But there was a cost. Wage and price controls were used to contain inflation, which surged when controls came off.
但它也是有成本的：收入和价格应该用来控制通胀，但随着这种控制失去作用，通货膨胀大举提高。
3
Under current rules, Brazil's minimum wage will rise by 7.5% in real terms next year—at huge fiscal cost, since pension payments are linked to the minimum wage.