Wage Determination Regimes and Pay Inequality: A comparative study of Latin American countries

Autor: Adriana Marshall
Rok vydání: 1999
Předmět:
Zdroj: International Review of Applied Economics. 13:23-39
ISSN: 1465-3486
0269-2171
DOI: 10.1080/026921799101715
Popis: The relationship between the degree of centralization of wage setting and labour market outcomes, generally discussed with reference to advanced OECD countries, is explored in this paper through the comparative analysis of eight Latin American countries, focusing on the effects of centralization on wage inequality. It is argued that the greater the decentralization of wage setting, the larger will be wage dispersion. The article starts with the presentation of the analytical model, and continues with the empirical study. This is divided into two parts. In the first, a number of institutional factors that contribute to define 'wage determination regimes' (collective bargaining structures; state intervention in wage setting; and union rights that determine union strength) are discussed, stressing the specific traits of centralization within Latin America, and the selected countries are scored in terms of those factors. In the second, the magnitude of wage dispersion across manufacturing industries is examin...
Databáze: OpenAIRE
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