TY - BOOK ID - 134623745 TI - Decline In Wage Inequality In Brazil : A Survey AU - Firpo, Sergio. AU - Portella, Alysson. PY - 2019 PB - Washington, D.C. : The World Bank, DB - UniCat KW - Gender KW - Gender and Development KW - Gender and Poverty KW - Income Distribution KW - Inequality KW - Labor Markets KW - Poverty KW - Skill Premium KW - Social Protections and Labor KW - Wage Inequality KW - Wages, Compensation and Benefits UR - https://www.unicat.be/uniCat?func=search&query=sysid:134623745 AB - In the last decades, Brazil experienced a historical decline in its wage inequality level, particularly in the first decade of the 21
st
century. This paper reviews the literature that attempted to explain the observed pattern. It considers mechanisms related to the supply and demand for labor, as well as institutional factors. The paper argues that the favorable economic environment in the period, combined with increases in the minimum wage, higher formalization, and a larger supply of skilled workers led to a compression in wages. However, some aspects of the decline in wage inequality are still unanswered, such as the causes behind a reduction in the experience premium and interfirm payment heterogeneity, as well as the exact role of technological changes. The paper concludes by discussing future trends in wage inequality in Brazil. ER -