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Wage inequality in Latin America : understanding the past to prepare for the future /
What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? This report addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, DC :
World Bank Group,
[2018]
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| Colección: | Latin American development forum.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Machine generated contents note: ch. 1 Introduction
- Rationale
- Road Map of the Book
- Annex 1A Background Papers for This Book
- Notes
- References
- ch. 2 Wage inequality Changes since 1990: Key Trends and Stylized Facts
- Introduction
- Trends in Overall Inequality
- Trends in Wage Inequality
- Contribution of Skills and Education to the Changes in Overall Wage Inequality
- Contribution of Pay Differentials among Workers with Similar Skills to Overall Wage Inequality
- Labor Supply Trends: Rising Numbers of More-Educated Workers
- Macroeconomic Conditions and Labor Demand Shifts
- Labor Market of Skilled and Unskilled Workers and Differences across Tradable and Nontradable Sectors
- Informality and Wage Inequality
- Cross-Country Heterogeneity in Main Trends, and Correlations between Key Inequality-Related Indicators
- Conclusions
- Annex 2A Supplementary Wage and Income Inequality Figures
- Annex 2B Robustness of Returns to Skill to Different Estimation Methodologies
- Annex 2C Robustness of Employment and Skill-Use Growth in Tradable and Nontradable Industries to a Different Definition
- Annex 2D Country-by-Country Changes in Inequality-Related Indicators and Correlations between the Key Variables
- Annex 2E Supplementary Informality Figures and Correlations
- Notes
- References
- ch. 3 Role of Labor Supply in Wage Inequality Trends
- Introduction
- Skill Supply and Demand in the Determination of Relative Wages
- Falling Wages of Recent Cohorts of College-Educated Workers: Degraded Tertiary versus Skill Obsolescence
- Degraded Tertiary Effect
- Conclusions
- Notes
- References
- ch. 4 Role of Labor Demand Conditions in Wage Inequality Trends
- Introduction
- Shifts in Domestic Demand and Rising Wages for Unskilled Workers
- Exchange Rate Appreciation from the Commodity Boom and Interfirm Wage Differentials
- Why Skill-Biased Technological Change, Job Polarization, and Traditional Trade Channels Do Not Explain the Decline in Wage Inequality
- Conclusions
- Annex 4A Skill Intensities and Employment Expansion during the Commodity Boom in Selected Latin American Countries
- Annex 4B Why Exchange Rate Appreciation Should Reduce Wage Inequality within an Industry
- Notes
- References
- ch. 5 Exploring the Role of Minimum Wages and Unions in Recent Inequality Trends
- Introduction
- Role of the Minimum Wage
- Differentiated Effect of the Minimum Wage on Wage Inequality in Good and Bad Times
- Role of Unionization in Wage Inequality
- Conclusions
- Annex 5A Supplementary Minimum Wage Information
- Annex 5B Who Makes the Minimum Wage in Latin America?
- Notes
- References
- ch. 6 Conclusions and Policy Reflections
- Introduction
- Review of the Trends
- Causes of the Declines in Wage Inequality
- Shifting Wage Inequality Trends: The Remaining Challenges
- Looking to the Future: How Will the Drivers of Wage Inequality Evolve?
- Conclusions: How to Row against the Tide?
- Notes.