ABSTRACT
The study compares the relationship between wages and labor productivity for different categories of workers in Brazil and in the U.S. Analyses highlight to what extent the equilibrium between wages and productivity is related to the degree of economic development. Wages in the U.S. has shown to be more attached to labor productivity, while Brazil has experienced several economic cycles were average earnings grew initially much faster than labor productivity, suddenly falling down in the subsequent years. Analyses also stress how wage differentials, in fact, match productivity differentials for certain occupational groups, while for others they do not.
KEYWORDS:
Labor market; occupational structure; inequality; economic development
Source: Based on data from UNSD, WDB, CPS and PNAD.Values in US$ PPP of July 20131 AB) agriculture; CE) mining and utilities; D) manufacturing; F) construction; GH) wholesale, retail trade, restaurants and hotels; I) transport, storage and communication; JP) other activities2 Exclusive sector Mining and Utilities in 2013
Source: Based on data from UNSD, WDB, CPS and PNAD.
Source: Based on data from UNSD, WDB, CPS and PNAD
Source: Based on data from CPS and PNAD.1 AB) agriculture; CE) mining and utilities; D) manufacturing; F) construction; GH) wholesale, retail trade, restaurants and hotels; I) transport, storage and communication; GP) other activities