Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil

Detalhes bibliográficos
Autor(a) principal: Hinojosa,Paul Garcia
Data de Publicação: 2021
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402021000200193
Resumo: Abstract This 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.
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spelling Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazilwage inequalityskill premiumminimum wageAbstract This 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.Fundação Getúlio Vargas2021-04-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402021000200193Revista Brasileira de Economia v.75 n.2 2021reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.5935/0034-7140.20210010info:eu-repo/semantics/openAccessHinojosa,Paul Garciaeng2022-01-18T00:00:00Zoai:scielo:S0034-71402021000200193Revistahttp://bibliotecadigital.fgv.br/ojs/index.php/rbe/issue/archivehttps://old.scielo.br/oai/scielo-oai.php||rbe@fgv.br1806-91340034-7140opendoar:2022-01-18T00:00Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
title Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
spellingShingle Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
Hinojosa,Paul Garcia
wage inequality
skill premium
minimum wage
title_short Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
title_full Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
title_fullStr Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
title_full_unstemmed Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
title_sort Skill prices and compositional effects on the declining wage inequality in Latin America: Evidence from Brazil
author Hinojosa,Paul Garcia
author_facet Hinojosa,Paul Garcia
author_role author
dc.contributor.author.fl_str_mv Hinojosa,Paul Garcia
dc.subject.por.fl_str_mv wage inequality
skill premium
minimum wage
topic wage inequality
skill premium
minimum wage
description Abstract This 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.
publishDate 2021
dc.date.none.fl_str_mv 2021-04-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402021000200193
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402021000200193
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.5935/0034-7140.20210010
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Fundação Getúlio Vargas
publisher.none.fl_str_mv Fundação Getúlio Vargas
dc.source.none.fl_str_mv Revista Brasileira de Economia v.75 n.2 2021
reponame:Revista Brasileira de Economia (Online)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Revista Brasileira de Economia (Online)
collection Revista Brasileira de Economia (Online)
repository.name.fl_str_mv Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rbe@fgv.br
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