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

Blundell, Richard; Corral, Vicente; Gómez-Lobo, Andrés; (2024) Long-Run Labour Income Distribution Dynamics: The Case of Chile 1990-2017. Estudios de Economía , 51 (2) pp. 441-482. Green open access

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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.

Type: Article
Title: Long-Run Labour Income Distribution Dynamics: The Case of Chile 1990-2017
Open access status: An open access version is available from UCL Discovery
Publisher version: https://anuariocdh.uchile.cl/index.php/EDE/article...
Language: English
Additional information: Esta obra está bajo una Licencia Creative Commons Atribución-NoComercial-CompartirIgual 4.0 Internacional (http://creativecommons.org/licenses/by-nc-sa/4.0/).
Keywords: Income Distribution, Inequality Dynamics, RIF Decomposition, Chile
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10203817
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