Skill Prices and Compositional Effects on the Declining Wage Inequality in Latin America: Evidence from Brazil

dc.creatorGarcia, Paul
dc.date2021-09-14
dc.date.accessioned2022-11-03T20:58:00Z
dc.date.available2022-11-03T20:58:00Z
dc.identifierhttps://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/80466
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/5044298
dc.descriptionThis paper studies potential explanations of the declining wage inequality in Brazil such as changes in demographic/skill composition, wage structure, occupations/sectors and minimum wage. I perform a wage inequality decomposition to quantify composition and price effects and use a CES production function to estimate the effects of the skill supply on relative wages. I find that the fall in upper-tail inequality is driven by changes in the returns to education and experience, while that in lower-tail inequality is also given by those to minimum wage and female workers. These patterns are consistent with the decline in relative wages between skill groups which are given by the increase in both the supply of skills and the real minimum wage.en-US
dc.formatapplication/pdf
dc.languagepor
dc.publisherEGV EPGEpt-BR
dc.relationhttps://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/80466/80147
dc.rightsCopyright (c) 2021 Revista Brasileira de Economiapt-BR
dc.sourceRevista Brasileira de Economia; Vol. 75 No. 2 (2021): ABR - JUNen-US
dc.sourceRevista Brasileira de Economia; v. 75 n. 2 (2021): ABR - JUNpt-BR
dc.source1806-9134
dc.source0034-7140
dc.subjectwage inequalityen-US
dc.subjectskill premiumen-US
dc.subjectminimum wageen-US
dc.titleSkill Prices and Compositional Effects on the Declining Wage Inequality in Latin America: Evidence from Brazilen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArticlesen-US
dc.typeArtigospt-BR


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