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We document changes in income and earnings inequality in the five Central American countries from the early 1990s to 2009. In the 1990s Costa Rica had the most equal distribution of income in Central America, and one of the most equal distributions of income in Latin America. At the other...
Persistent link: https://www.econbiz.de/10009717882
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
Persistent link: https://www.econbiz.de/10010360090
household survey and conduct wage regressions to conclude whether individuals who perceive their wages as unfair earn … significantly lower wages than fairly paid individuals with similar characteristics. We find that unfairly paid individuals earn … significantly less than fairly paid counterparts. This suggests that unfairness perceptions with respect to wages are based on sound …
Persistent link: https://www.econbiz.de/10010201548
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
Job polarization the rise in employment shares of high and low skill jobs at the expense of middle skill jobs occurred in the US not just recently, but also in the late nineteenth and early twentieth centuries. We argue that in each case polarization resulted from increased automation, and...
Persistent link: https://www.econbiz.de/10010484463
hours over 1991 to 1995 on 1996 wages. We find that there are positive but diminishing long-term returns, with the returns …
Persistent link: https://www.econbiz.de/10001689541
. Besides the shape of the distribution it has to be checked whether labor market conditions such as minimum wages with the …
Persistent link: https://www.econbiz.de/10010221572
rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work …
Persistent link: https://www.econbiz.de/10013139040
the distribution of hourly wages and household income. Wage inequality, measured by the ratio of wages in the 90th and 10 …. For young workers, aged under 25, the effects were far greater, with a 24 percent reduction in the ratio of wages in the …
Persistent link: https://www.econbiz.de/10012843157
, agents are not informed about their co-workers' wages and efforts, but in the second treatment they are. Our results show …
Persistent link: https://www.econbiz.de/10012728738