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What is Latin America about?

This paper presents a new dataset of real wages for unskilled, semi-skilled, and skilled labor in six Latin American countries from 1900 to 2011, examining wage growth, wage share of income, and skill premiums. Key findings indicate that unskilled wages rose by 147%, while average wages increased by 254% and income per worker by 440%, with a notable decline in wage share starting in the 1950s. The study highlights the relationship between wage movements and economic transformations, including industrializat

Author

sugarsthebest1

Language

EN