PPT-Understanding the dynamics of labor income inequality in Latin America

WB PRWP 7795 Carlos RodríguezCastelán World Bank LuisFelipe LópezCalva World Bank Nora Lustig Tulane University Daniel Valderrama Georgetown University IEA 18 th World Congress. (Master PPD & APE, Paris School of Economics). Thomas . Piketty. Academic year 2013-2014 . Lecture 5: The structure of inequality: labor income. (Tuesday . January 7. th. . 2014). (check . on line. Otaviano. . Canuto. Vice President. Poverty Reduction and Economic Management. World Bank. 1. What explains the decline in inequality?. A . stronger labor market associated with fewer jobless workers and higher wages for unskilled . Nora Lustig. Tulane University. New Challenges for Growth and Productivity. The Growth Dialogue – G24. Washington, DC -- September 25, 2013. 1. Inequality in Latin America is high…. . …but declining since around 2000. By Tanya Maria Golash-Boza. . Earning and Labor Market Inequality Represents a Large Gap . “… in 2013, the United States had more income inequality than Mexico … inequality is mapped on race and gender lines” (p. 237). (Master PPD & APE, Paris School of Economics). Thomas Piketty. Academic year 2014-2015 . Lecture 5: The structure of inequality: labor income. (. Tuesday November 4. th. 2014). (check . on line. De La Salle University . March 15 2016.  . . Unequal Gains:. Growth . and Inequality . in America. Jeffrey G. Williamson . Harvard, Wisconsin and UPSE. jwilliam@fas.harvard.edu. Advertisement. This presentation reports the results of joint work with Peter Lindert (UC-Davis) on a book forthcoming May 2016 from Princeton University Press with . BPEA Spring Conference 2017. Gordon Hanson, . UC San Diego . and . NBER. Chen Liu, . UC San Diego. Craig McIntosh, . UC San Diego. Epochal Wave of Low-Skilled Immigration. Immigration surge of 1980, 1990s and 2000s. Mexico. Central America. Caribbean Islands. South America. Why do we call it . Latin. America?. We call it LATIN America because most of the European countries that colonized this region spoke Spanish or Portuguese. Both of these languages are derived (or come from) the ancient Latin language. Thus we call this region Latin America.. André Hofman, Claudio Aravena and Jorge Friedman. World KLEMS, 23-24 May, 2016. Content of the presentation. Introduction. GDP . dynamics in Latin America, 1990-2014.. Decomposition of . GDP with respect labor, considering . Previously. The demand for each factor of production is a derived demand that stems from a firm’. s desire to supply a good in another market.. Labor markets reconcile the forces of demand and supply into a wage signal that conveys information to both sides of the market.. ? . A question for Latin America. Juan Carlos Moreno . Brid. . Matthew. . Hammill. Deputy. Director . Economic. . Affairs. . Officer. ECLAC - . Mexico. ESCAP – New Delhi. IDEAS, Chennai, . 1848. 1923. 1901. 1985. 1903. 1984. Pareto. Kuznets. Tinbergen. 1823. 1772. Ricardo. 1818. 1883. Marx. 1971. Piketty. 1884. 1887. 1965. Dalton. Gini. 1962. Atkinson. 1944. 2017. Smith. 1790. 1723. Functional income distribution. Nicole Tuma. Jennifer Larsen. David Loebsack. Ron Milam. Pepperdine University MSOD 619 - 2014. Impressions. Reviewer Name. What were the Books Strengths. What were the . Weaknesses. Shefali. There is good supportive. Sam . Levitus. . and Professor David Schaffer. Department of Economics, University of Wisconsin-Eau Claire. Background and Overview of Research.  . There has been much attention given to income inequality within the U.S. labor market, especially recently. From the huge amount of discussion and debate about wage inequality (from both the political left and the right), two salient points emerge: that the U.S. labor market shows a far more unequal distribution of wages than the labor markets of other developed countries, and that the overall U.S. wage structure has become dramatically more unequal over the past several decades. We were ill-equipped to investigate the first claim but sought to thoroughly analyze the second, paying particular attention to the components of wage inequality—and their relative importance—in recent years. To accomplish this, we performed several statistical analyses on survey data from the U.S. Census Bureau (we did not use any data from other countries for either analysis or comparison). Our results do indeed confirm the second claim; by every single measurement we used, wages are far more unequal today than they were in the past. In particular, the top few percentiles have made large gains over the past forty years, while most other workers’ wages have been nearly stagnant.