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 In Wikipedia suchen nach Manuel Fernández ; Messina, Julián In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Julián Messina
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen In Wikipedia suchen nach Forschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
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Elektronische Ressource
Umfang1 Online-Ressource (55 Seiten) : Diagramme
SerieDiscussion paper ; no. 10718
URNurn:nbn:de:hbz:5:2-122008 Persistent Identifier (URN)
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Skill premium, labor supply and changes in the structure of wages in Latin America [1.03 mb]
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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.