Work

Long-Run Labour Income Distribution Dynamics: The Case of Chile 1990-2017

Year: 2024

Type: article

Abstract: We analyse the long-run evolution of the labour income distribution for Chile.To this end, we use thirteen waves of the CASEN household socioeconomic survey from 1990 to 2017.During this period hourly earnings inequality measured by the Gini coefficient fell from 0.47 to 0.40.We use a RIF regression approach similar to Ferreira et al. (2021) for Brazil to decompose changes in average earnings and earnings inequality.We do not find observable variables that explain -either through an endowment effect or through a structural price change-a significant part of the decrease in hourly earnings inequality.

Source: Estudios De Economia

DOI: 10.4067/s0718-52862024000200441

Authors: Richard Blundell, Vicente Corral, Andrés Gómez-Lobo

Institutions: University College London, University of Chile

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Reduced inequalities, Decent work and economic growth, No poverty

Open Access status: diamond

OpenAlex ID: W4410110850