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Changes in Labour Market Conditions and Policies: Their Impact on Wage Inequality during the Last Decade

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Author Info

  • Keifman, Saul N.
  • Maurizio, Roxana

Abstract

Labour market incomes have been a major contributor to the important fall in inequality in Latin America during the 2000s. Indeed, it was the main contributor in countries where inequality fell more dramatically. A proper understanding of the workings of the labour market is necessary to comprehend why inequality fell, what lies ahead of us and what we can do to achieve more equitable societies in Latin America. Social progress was real in the last decade but we should not overlook the structural deficits that still remain in Latin American labour markets. Inequality fell more dramatically in countries where formality rose faster and real minimum wages increased more significantly. Labour market institutions have a played positive role in reducing inequity in the last decade.

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File URL: http://www.wider.unu.edu/stc/repec/pdfs/wp2012/wp2012-014.pdf
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Bibliographic Info

Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2012/14.

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Length: 54
Date of creation: 2012
Date of revision:
Handle: RePEc:unu:wpaper:wp2012-14

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Keywords: labour institutions; inequality; Latin America; minimum wage;

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References

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  1. Sergei Suarez Dillon Soares, 2006. "Distribuição de Renda no Brasil de 1976 a 2004 com Ênfase no Período Entre 2001 e 2004," Discussion Papers 1166, Instituto de Pesquisa Econômica Aplicada - IPEA.
  2. James Heckman & Carmen Pages, 2003. "Law and Employment: Lessons from Latin America and the Caribbean," NBER Working Papers 10129, National Bureau of Economic Research, Inc.
  3. Kristensen, Nicolai & Cunningham, Wendy, 2006. "Do minimum wages in Latin America and the Caribbean matter ? Evidence from 19 countries," Policy Research Working Paper Series 3870, The World Bank.
  4. Titelman, Daniel & Vera, Cecilia & Perez Caldentey, Esteban, 2008. "The Latin American experience in pension system reform: Coverage, fiscal issues and possible implications for China," MPRA Paper 13730, University Library of Munich, Germany.
  5. repec:ilo:esbook:ebook11 is not listed on IDEAS
  6. Berg, Janine, 2010. "Laws or luck? Understanding rising formality in Brazil in the 2000s," MPRA Paper 43608, University Library of Munich, Germany.
  7. Marcelo Medeiros & Tatiana Britto & Fabio Veras Soares, 2008. "Targeted Cash Transfer Programmes in Brazil: BPC and the Bolsa Familia," Working Papers 46, International Policy Centre for Inclusive Growth.
  8. Leonardo Gasparini & Guillermo Cruces, 2010. "Las Asignaciones Universales Por Hijo. Impacto, Discusión y Alternativas," CEDLAS, Working Papers 0102, CEDLAS, Universidad Nacional de La Plata.
  9. Francesco Devicienti & Fernando Groisman & Ambra Poggi, 2009. "Informality and poverty: Are these processes dynamically interrelated? Evidence from Argentina," Working Papers 146, ECINEQ, Society for the Study of Economic Inequality.
  10. Richard B. Freeman, 2009. "Labor Regulations, Unions, and Social Protection in Developing Countries: Market distortions or Efficient Institutions?," NBER Working Papers 14789, National Bureau of Economic Research, Inc.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Changes in Labour Market Conditions and Policies: Their Impact on Wage Inequality during the Last Decade
    by Maximo Rossi in Wikiprogress América Latina on 2012-04-19 19:20:00
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Cited by:
  1. Giovanni Andrea Cornia & Bruno Martorano, 2013. "Development policies and income inequality in selected developing regions, 1980-2010," Working Papers - Economics wp2013_13.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  2. Luis, Beccaria & Roxana, Maurizio & Vazquez, Gustavo, 2014. "Recent changes in wage inequality in Argentina. The role of labor formalization and other factors," MPRA Paper 56701, University Library of Munich, Germany.
  3. Seguino, Stephanie & Braunstein, Elissa, 2012. "The impact of economic policy and structural change on gender employment inequality in Latin America, 1990-2010," MPRA Paper 43261, University Library of Munich, Germany.

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