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...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2019/12/19
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Рабочий документ в рамках исследования вопросов политики
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WPS9096
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1
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1
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2019/12/19
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Disclosed
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Decline in Wage Inequality in Brazil : A Survey
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minimum wage