Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81048
Authors: 
Keifman, Saúl N.
Maurizio, Roxana
Year of Publication: 
2012
Series/Report no.: 
WIDER Working Paper 2012/14
Abstract: 
Labour market incomes have been a major contributor to the important fall in inequality in Latin America during the 2000s. Indeed, it was the main contributor in countries where inequality fell more dramatically. A proper understanding of the workings of the labour market is necessary to comprehend why inequality fell, what lies ahead of us and what we can do to achieve more equitable societies in Latin America. Social progress was real in the last decade but we should not overlook the structural deficits that still remain in Latin American labour markets. Inequality fell more dramatically in countries where formality rose faster and real minimum wages increased more significantly. Labour market institutions have a played positive role in reducing inequity in the last decade.
Subjects: 
labour institutions
inequality
Latin America
minimum wage
JEL: 
J5
J81
D3
D36
ISBN: 
978-929-230-477-5
Document Type: 
Working Paper

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