Titelaufnahme

Titel
Skill premium, labor supply and changes in the structure of wages in Latin America / Manuel Fernández (University of Oxford), Julián Messina (Inter-American Development Bank and IZA) ; IZA, Institute of Labor Economics
VerfasserFernández, Manuel In der Gemeinsamen Normdatei der DNB nachschlagen ; Messina, Julián In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (55 Seiten) : Diagramme
SerieDiscussion paper ; no. 10718
URNurn:nbn:de:hbz:5:2-122008 Persistent Identifier (URN)
Zugriffsbeschränkung
 Das Dokument ist frei verfügbar.
Volltexte
Skill premium, labor supply and changes in the structure of wages in Latin America [1.03 mb]
Links
Nachweis
Verfügbarkeit In meiner Bibliothek
Zusammenfassung

Earnings 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.