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dc.titleSkill Premium, Labor Supply and Changes in the Structure of Wages in Latin America
dc.contributor.authorFernández, Manuel
dc.contributor.authorMessina, Julián
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.coverageBrazil
dc.coverageArgentina
dc.coverageLatin America
dc.date.available2017-04-03T00:00:00
dc.date.issue2017-03-31T00:00:00
dc.description.abstractEarnings inequality declined rapidly in Argentina, Brazil and Chile during the 2000s. A reduction in the experience premium is a fundamental driver of declines in upper-tail (90/50) inequality, while a decline in the education premium is the primary determinant of the evolution of lower-tail (50/10) inequality. Relative labor supply is important for explaining changes in the skill premiums. Relative demand trends favored high-skilled workers during the 1990s, shifting in favor of low-skilled workers during the 2000s. Changes in the minimum wage, and more importantly, commodity-led terms of trade improvements are key factors behind these relative skill demand trends.
dc.format.extent54
dc.identifier.doihttp://dx.doi.org/10.18235/0011788
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Skill-Premium-Labor-Supply-and-Changes-in-the-Structure-of-Wages-in-Latin-America.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectIncome Equality
dc.subjectLabor Productivity
dc.subjectLabor Force
dc.subjectUnemployment Rate
dc.subjectHuman Capital
dc.subjectFemale Labor Force
dc.subject.jelcodeJ20 - Demand and Supply of Labor: General
dc.subject.jelcodeJ31 - Wage Level and Structure • Wage Differentials
dc.subject.keywordsUnemployment;labor supply;Wage Gap;Minimun wage
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
idb.operationRG-K1415
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