Canavire-Bacarreza, Gustavo; Rios-Avila, Fernando - Levy Economics Institute - 2015
, while also presenting a decrease in inequality. Using an intertemporal decomposition approach, we find evidence that changes … in demographic and labor market characteristics can explain only a small portion of the observed inequality decline …. Instead, the results indicate that the decline in wage inequality was driven by the faster wage growth of usually low …