A revised Dataset of Real Wages in Latin America, 1920-2011

First, it offers yearly series of real wages, consistently defined over time and comparable across countries, informing about trajectories and turning points across distinct development and growth periods. Secondly, the addition of compatible series of income per worker makes it possible to calculate variables on interest such as a proxy for a wage share of income and the wage-to-income ratio.

And, thirdly, by including series reflecting three skill levels, the data allows for the calculation of skill premiums, and in particular the skilled-to-unskilled wage ratio.