Wage inequality has fallen in Latin America. However, the results apply mainly to South America and less to Central America, Mexico and the Caribbean. The authors resume a research project by the World Bank, based on household data. A main result is that the trend towards equality comes from a...

Spanish Abstract: El salario mínimo es bajo. La causa es cierta visión monetaria que liga causalmente un incremento de salarios con inflación, motivando que el salario mínimo aumente igual o menos que los precios en general. Mayor salario mínimo afectará el empleo de mujeres y jóvenes de...