**Table 4: Decomposition Results. Changes in Inequality. Gini. 2012-1995.**

||(1)|(2)<br>**O**|(3)<br>**erall**|(4)|(5)|(6)|
|---|---|---|---|---|---|---|
|Post|40.83<sup>**</sup>|<br>40.83<sup>**</sup>|<br>40.83<sup>**</sup>|40.83<sup>**</sup>|40.83<sup>**</sup>|40.82<sup>**</sup>|
||[0.077]|[0.075]|[0.075]|[0.075]|[0.075]|[0.075]|
|Pre|<br>49.79<sup>**</sup>|<br>49.79<sup>**</sup>|<br>49.79<sup>**</sup>|<br>49.79<sup>**</sup>|<br>49.79<sup>**</sup>|<br>49.77<sup>**</sup>|
||[0.071]|[0.071]|[0.071]|[0.071]|[0.071]|[0.071]|
|Difference|-8.96<sup>**</sup>|-8.96<sup>**</sup>|-8.96<sup>**</sup>|-8.96<sup>**</sup>|-8.96<sup>**</sup>|-8.95<sup>**</sup>|
||[0.104]|[0.104]|[0.104]|[0.103]|[0.103]|[0.103]|
|Endowments|1.27<sup>**</sup><br>|4.46<sup>**</sup><br>|4.26<sup>**</sup><br>|4.21<sup>**</sup><br>|4.15<sup>**</sup><br>|4.01<sup>**</sup><br>|
||[0.051]|[0.058]|[0.059]|[0.060]|[0.060]|[0.066]|
|Structure|-10.23<sup>**</sup>|-13.42<sup>**</sup>|-13.23<sup>**</sup>|-13.17<sup>**</sup>|-13.10<sup>**</sup>|-12.96<sup>**</sup>|
||[0.109]|[0.103]|[0.103]|[0.103]|[0.103]|[0.106]|
|||**Endo**|**wments**||||
|Education|1.61<sup>**</sup>|3.66<sup>**</sup>|3.81<sup>**</sup>|3.94<sup>**</sup>|3.98<sup>**</sup>|4.11<sup>**</sup>|
||[0.053]|[0.054]|[0.055]|[0.056]|[0.056]|[0.060]|
|Potential Experience|<br>-0.34<sup>**</sup>|<br>-0.41<sup>**</sup>|<br>-0.40<sup>**</sup>|<br>-0.40<sup>**</sup>|<br>-0.40<sup>**</sup>|<br>-0.39<sup>**</sup>|
||[0.012]|[0.013]|[0.013]|[0.013]|[0.013]|[0.013]|
|Minimum Wage||1.21<sup>**</sup>|1.15<sup>**</sup>|1.18<sup>**</sup>|1.15<sup>**</sup>|1.13<sup>**</sup>|
|||[0.031]|[0.030]|[0.031]|[0.030]|[0.029]|
|Formality Status|||-0.29<sup>**</sup>|-0.28<sup>**</sup>|-0.26<sup>**</sup>|-0.32<sup>**</sup>|
||||[0.011]|[0.011]|[0.011]|[0.012]|
|Race and Gender||||<br>-0.24<sup>**</sup>|<br>-0.29<sup>**</sup>|<br>-0.27<sup>**</sup>|
|||||[0.012]|[0.012]|[0.012]|
|Region and Urban|||||-0.04<sup>**</sup>|-0.03<sup>**</sup>|
||||||[0.008]|[0.009]|
|Economic Sector||||||<br>-0.22<sup>**</sup>|
|||||||[0022]|
|||**Str**|**ucture**|||.|
|Education|2.74<sup>**</sup>|1.62<sup>**</sup>|0.58<sup>*</sup>|0.90<sup>**</sup>|0.75<sup>**</sup>|-0.16|
||[0.279]|[0.235]|[0.238]|[0.248]|[0.247]|[0.258]|
|Potential Experience|-4.92<sup>**</sup>|-2.91<sup>**</sup>|-3.60<sup>**</sup>|-3.18<sup>**</sup>|-3.16<sup>**</sup>|-3.12<sup>**</sup>|
||[0.600]|[0.566]|[0.568]|[0.565]|[0.566]|[0.577]|
|Minimum Wage||<br>-0.16<sup>**</sup>|<br>-0.04<sup>+</sup>|<br>0.07<sup>**</sup>|<br>0.09<sup>**</sup>|<br>0.07<sup>**</sup>|
|||[0.018]|[0.024]|[0.025]|[0.025]|[0.026]|
|Formality Status|||-1.38<sup>**</sup>|-1.47<sup>**</sup>|-1.43<sup>**</sup>|-1.14<sup>**</sup>|
||||[0.104]|[0.104]|[0.105]|[0.112]|
|Race and Gender||||-1.60<sup>**</sup>|-1.58<sup>**</sup>|-1.59<sup>**</sup>|
|||||[0.171]|[0.173]|[0.177]|
|Region and Urban|||||-1.59<sup>**</sup>|-1.27<sup>**</sup>|
||||||[0.289]|[0.285]|
|Economic Sector||||||2.16<br>|
|||||||[1.472]|
|Constant|-8.05<sup>**</sup>|-11.97<sup>**</sup>|-8.79<sup>**</sup>|-7.89<sup>**</sup>|-6.18<sup>**</sup>|<br>-7.91<sup>**</sup>|
||[0.690]|[0.641]|[0.654]|[0.652]|[0.719]|[1.646]|
|||**T**|**otal**||||
|Education|4.35<sup>**</sup>|5.28<sup>**</sup>|4.40<sup>**</sup>|4.84<sup>**</sup>|4.73<sup>**</sup>|3.95<sup>**</sup>|
||[0.285]|[0.239]|[0.242]|[0.252]|[0.252]|[0.263]|
|Potential Experience|-5.26<sup>**</sup>|-3.32<sup>**</sup>|-4.00<sup>**</sup>|-3.58<sup>**</sup>|-3.55<sup>**</sup>|-3.52<sup>**</sup>|
||[0.600]|[0.567]|[0.568]|[0.565]|[0.566]|[0.577]|
|Minimum Wage||<br>1.05<sup>**</sup>|<br>1.11<sup>**</sup>|<br>1.25<sup>**</sup>|<br>1.24<sup>**</sup>|<br>1.20<sup>**</sup>|
|||[0.037]|[0.039]|[0.040]|[0.040]|[0.040]|
|Formality Status|||<br>-1.67<sup>**</sup>|<br>-1.74<sup>**</sup>|<br>-1.69<sup>**</sup>|<br>-1.46<sup>**</sup>|
||||[0.103]|[0.102]|[0.104]|[0.111]|
|Race and Gender||||<br>-1.84<sup>**</sup>|<br>-1.88<sup>**</sup>|<br>-1.86<sup>**</sup>|
|||||[0.173]|[0.175]|[0.180]|
|Region and Urban|||||-1.62<sup>**</sup>|-1.29<sup>**</sup>|
||||||[0.288]|[0.285]|
|Economic Sector||||||1.94<br>[1.472]|
|N|485,442|485,442|485,442|485,407|485,407|484,054|

Note: Robust Standard Errors in Brackets. **, * and + denote statistical significance at the 1% ,5% and 10% levels, respectively. The Gini coefficient is expressed in percentage points and goes from 0 (perfect equality) to 100 (perfect inequality). Standard errors are calculated with the delta method. See notes in table 3 for details on the individual effects included in each category.

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