Decline in Wage Inequality in Brazil : A Survey
In the last decades, Brazil experienced a historical decline in its wage inequality level, particularly in the first decade of the 21st century. This paper reviews the literature that attempted to explain the observed pattern. It considers mechanis...
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Online Access: | http://documents.worldbank.org/curated/en/567751576782707151/Decline-in-Wage-Inequality-in-Brazil-A-Survey http://hdl.handle.net/10986/33104 |
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okr-10986-331042022-09-20T00:12:45Z Decline in Wage Inequality in Brazil : A Survey Firpo, Sergio Portella, Alysson WAGE INEQUALITY INEQUALITY POVERTY SKILL PREMIUM INCOME DISTRIBUTION In the last decades, Brazil experienced a historical decline in its wage inequality level, particularly in the first decade of the 21st century. This paper reviews the literature that attempted to explain the observed pattern. It considers mechanisms related to the supply and demand for labor, as well as institutional factors. The paper argues that the favorable economic environment in the period, combined with increases in the minimum wage, higher formalization, and a larger supply of skilled workers led to a compression in wages. However, some aspects of the decline in wage inequality are still unanswered, such as the causes behind a reduction in the experience premium and interfirm payment heterogeneity, as well as the exact role of technological changes. The paper concludes by discussing future trends in wage inequality in Brazil. 2019-12-27T16:37:33Z 2019-12-27T16:37:33Z 2019-12 Working Paper http://documents.worldbank.org/curated/en/567751576782707151/Decline-in-Wage-Inequality-in-Brazil-A-Survey http://hdl.handle.net/10986/33104 English Policy Research Working Paper;No. 9096 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Brazil |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
WAGE INEQUALITY INEQUALITY POVERTY SKILL PREMIUM INCOME DISTRIBUTION |
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WAGE INEQUALITY INEQUALITY POVERTY SKILL PREMIUM INCOME DISTRIBUTION Firpo, Sergio Portella, Alysson Decline in Wage Inequality in Brazil : A Survey |
geographic_facet |
Latin America & Caribbean Brazil |
relation |
Policy Research Working Paper;No. 9096 |
description |
In the last decades, Brazil experienced
a historical decline in its wage inequality level,
particularly in the first decade of the 21st century. This
paper reviews the literature that attempted to explain the
observed pattern. It considers mechanisms related to the
supply and demand for labor, as well as institutional
factors. The paper argues that the favorable economic
environment in the period, combined with increases in the
minimum wage, higher formalization, and a larger supply of
skilled workers led to a compression in wages. However, some
aspects of the decline in wage inequality are still
unanswered, such as the causes behind a reduction in the
experience premium and interfirm payment heterogeneity, as
well as the exact role of technological changes. The paper
concludes by discussing future trends in wage inequality in Brazil. |
format |
Working Paper |
author |
Firpo, Sergio Portella, Alysson |
author_facet |
Firpo, Sergio Portella, Alysson |
author_sort |
Firpo, Sergio |
title |
Decline in Wage Inequality in Brazil : A Survey |
title_short |
Decline in Wage Inequality in Brazil : A Survey |
title_full |
Decline in Wage Inequality in Brazil : A Survey |
title_fullStr |
Decline in Wage Inequality in Brazil : A Survey |
title_full_unstemmed |
Decline in Wage Inequality in Brazil : A Survey |
title_sort |
decline in wage inequality in brazil : a survey |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/567751576782707151/Decline-in-Wage-Inequality-in-Brazil-A-Survey http://hdl.handle.net/10986/33104 |
_version_ |
1764478009393283072 |