Firms and the Decline in Earnings Inequality in Brazil

被引:43
|
作者
Alvarez, Jorge [1 ]
Benguria, Felipe [2 ]
Engbom, Niklas [3 ]
Moser, Christian [4 ]
机构
[1] Int Monetary Fund, 700 19th St NW, Washington, DC 20431 USA
[2] Univ Kentucky, Gatton Coll Business & Econ, Dept Econ, 550 South Limestone St, Lexington, KY 40506 USA
[3] Princeton Univ, Dept Econ, 001 Fisher Hall, Princeton, NJ 08544 USA
[4] Columbia Univ, Grad Sch Business, 3022 Broadway, New York, NY 10027 USA
关键词
HIGH WAGE WORKERS; TRADE LIBERALIZATION; PRODUCTIVITY; DISPERSION; PANEL; MOBILITY;
D O I
10.1257/mac.20150355
中图分类号
F [经济];
学科分类号
02 ;
摘要
We document a large decrease in earnings inequality in Brazil between 1996 and 2012. Using administrative linked employer-employee data, we fit-high-dimensional worker and firm fixed-effects models to understand the sources of this decrease. Firm effects account for 40 percent of the total decrease and worker effects for 29 percent. Changes in observable worker and firm characteristics contributed little to these trends. Instead, the decrease is primarily due to a compression of returns to these characteristics, particularly a declining firm productivity-pay premium. Our results shed light on potential drivers of earnings inequality dynamics.
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页码:149 / 189
页数:41
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