Campos-Vazquez, Raymundo M.; Esquivel, Gerardo; Lustig, Nora - Centro de Estudios Económicos, Colegio de México - 2012
Inequality in Mexico rose between 1989 and 1994 and declined between 1994 and 2010. We examine the role of market … forces (demand and supply of labour by skill), institutional factors (minimum wages and unionization rate), and public policy … changes in hourly wages into characteristics and returns. The main driver is changes in returns. Returns rose (1989-1994) due …