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

Detalhes bibliográficos
Autor(a) principal: Garcia, Paul
Data de Publicação: 2021
Tipo de documento: Artigo
Idioma: por
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: https://periodicos.fgv.br/rbe/article/view/80466
Resumo: 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 wageThis 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.EGV EPGE2021-09-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticlesArtigosapplication/pdfhttps://periodicos.fgv.br/rbe/article/view/80466Revista Brasileira de Economia; Vol. 75 No. 2 (2021): ABR - JUNRevista Brasileira de Economia; v. 75 n. 2 (2021): ABR - JUN1806-91340034-7140reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGVporhttps://periodicos.fgv.br/rbe/article/view/80466/80147Copyright (c) 2021 Revista Brasileira de Economiainfo:eu-repo/semantics/openAccessGarcia, Paul2021-10-04T13:30:43Zoai:ojs.periodicos.fgv.br:article/80466Revistahttps://periodicos.fgv.br/rbe/https://periodicos.fgv.br/rbe/oai||rbe@fgv.br1806-91340034-7140opendoar:2024-03-06T13:03:50.691580Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)true
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
Garcia, Paul
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 Garcia, Paul
author_facet Garcia, Paul
author_role author
dc.contributor.author.fl_str_mv Garcia, Paul
dc.subject.por.fl_str_mv wage inequality
skill premium
minimum wage
topic wage inequality
skill premium
minimum wage
description 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 2021-09-14
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Articles
Artigos
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/rbe/article/view/80466
url https://periodicos.fgv.br/rbe/article/view/80466
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://periodicos.fgv.br/rbe/article/view/80466/80147
dc.rights.driver.fl_str_mv Copyright (c) 2021 Revista Brasileira de Economia
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2021 Revista Brasileira de Economia
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EGV EPGE
publisher.none.fl_str_mv EGV EPGE
dc.source.none.fl_str_mv Revista Brasileira de Economia; Vol. 75 No. 2 (2021): ABR - JUN
Revista Brasileira de Economia; v. 75 n. 2 (2021): ABR - JUN
1806-9134
0034-7140
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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