Two Stories of Wage Dynamics in Latin America: Different Policies, Different Outcomes.
This article explores the variation in the wage distributions of two Latin American countries, Bolivia and Colombia, which have had different political and economic strategies in recent years. Using data from household surveys, a decomposition of the wage distribution in each country using functiona...
| Publicado en: | Journal of Labor Research Vol. 41; no. 1/2; pp. 128 - 169 |
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| Autores principales: | , |
| Formato: | Artículo |
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Springer Nature
Jun2020
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=143855282&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 143855282 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 01953613 JLR jtl: Journal of Labor Research issn: 01953613 maglogo: N pubinfo: dt: Jun2020 vid: 41 iid: 1/2 pid: 237 pub: Springer Nature artinfo: ui: 143855282 10.1007/s12122-019-09296-x ppf: 128 ppct: 41 formats: fmt: – @attributes: type: T – @attributes: type: P size: 3.4MB tig: atl: Two Stories of Wage Dynamics in Latin America: Different Policies, Different Outcomes. aug: au: Canavire-Bacarreza, Gustavo Carvajal-Osorio, Luis C. affil: School of Economics and Finance, Universidad EAFIT, Carrera 49 No. 7 Sur 50, Medellín, Colombia Department of Economics, Vanderbilt University, 2301 Vanderbilt Place, 37235, Nashville, TN, USA su: Bolivia Colombia Latin America Wages Informal sector Economic policy Principal components analysis Wage increases sug: subj: Wages Informal sector Economic policy Bolivia Colombia Latin America Principal components analysis Wage increases keyword: C14 Functional principal component analysis J31 J38 Wage distributions Wage dynamics Wage inequality C14 Functional principal component analysis J31 J38 Wage distributions Wage dynamics Wage inequality ab: This article explores the variation in the wage distributions of two Latin American countries, Bolivia and Colombia, which have had different political and economic strategies in recent years. Using data from household surveys, a decomposition of the wage distribution in each country using functional principal component analysis is conducted. The results suggest that Bolivia, which has implemented state-centered policies, has experienced a general increase in wages, especially benefiting the least skilled workers and the informal sector. On the other hand, the wage distribution in Colombia, whose economic policy has leaned towards market-oriented principles, has become more concentrated around the median wage, mainly due to changes in formal sector wages. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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