Wage Inequality in Spain, 1980-2000
AbstractWe use recent developments in quantile regression to simulate counterfactuals densities that allows to decompose the Spanish wage inequality evolution over the 1980-2000 period between changes due to observable prices, labour market composition and non observable characteristics' prices. Our empirical results are threefold: first of all, the wage inequality decreases during each decade first half and increases during the second ones, second both changes in prices and composition has an important role in this evolution and third, changes in observable prices mirrors this behavior above and below the median while non observable inequality increases since 1985 onwards below the median, with an erratic trend above. Finally some tentative explanations are give that could reasonably explain our findings.
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Bibliographic InfoPaper provided by Universidad Pablo de Olavide, Department of Economics in its series Working Papers with number 08.08.
Length: 34 pages
Date of creation: Apr 2008
Date of revision:
Wage inequality; counterfactuals; human capital.;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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