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Estudios de Economía
Article . 2007
Data sources: DOAJ
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EconStor
Article . 2007
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Forecasting wage inequality

Authors: Jaime Ruiz-Tagle;

Forecasting wage inequality

Abstract

La desigualdad de salarios en Chile ha permanecido alta por décadas y está actualmente en el centro de la agenda política. Aumentar la educación de los trabajadores se espera que contribuya a la disminución de la desigualdad. Basados en tendencias históricas de edad, educación y retornos a la educación, este trabajo intenta predecir la desigualdad de ingresos. A pesar del aumento en ingresos promedios, debido a mayores niveles de educación de los trabajadores, altos niveles de desigualdad salarial en los grupos etarios y los grupos educacionales producen que la desigualdad de salarios predicha permanezca alta por los próximos 10 años. La estructura del mercado laboral chileno pareciera implicar que existe subyacentemente una alta desigualdad en los salarios. Sin embargo, las buenas noticias son que la estructura del mercado laboral parece impedir futuros deterioros en la desigualdad de salarios.

Wage inequality in Chile has remained high for decades and it is currently at the center of the political agenda. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education, and returns to education, this paper attempts to forecast wage inequality. Despite an increase in average earnings due to higher levels of education of workers, high levels of wage inequality within age groups and within education groups produce that forecasted wage inequality remains high for the next 10- year period. The structure of the Chilean labor market appears to imply that there is a high level of underlying wage inequality. Nevertheless, the good news are that the labor market structure seems to prevent further deteriorations of wage inequality.

Keywords

ddc:330, wage inequality, Economic history and conditions, mercado laboral, HC10-1085, Desigualdad de salarios, desigualdad de salarios, Economics as a science, Wage inequality, Wage inequality, labor market., labor market, D15, D31, HB71-74, jel: jel:D31, jel: jel:O15

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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