**Table 5: Decomposition Results. Changes in Inequality. Gini. 2003-1995.**

||(1)|(2)|(3)<br>**Overall**|(4)|(5)|(6)|
|---|---|---|---|---|---|---|
|Post|46.77<sup>**</sup>|46.77<sup>**</sup>|<br>46.77<sup>**</sup>|46.77<sup>**</sup>|46.77<sup>**</sup>|46.74<sup>**</sup>|
||[0073]|[0073]|[0073]|[0072]|[0072]|[0072]|
|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>|
||[0.079]|[0.078]|[0.078]|[0.078]|[0.078]|[0.078]|
|Difference|-3.01<sup>**</sup>|-3.01<sup>**</sup>|-3.01<sup>**</sup>|-3.01<sup>**</sup>|-3.01<sup>**</sup>|-3.03<sup>**</sup>|
||[0.108]|[0.107]|[0.106]|[0.106]|[0.106]|[0.106]|
|Endowments|<br>0.02|<br>2.98<sup>**</sup>|<br>2.99<sup>**</sup>|<br>2.99<sup>**</sup>|<br>2.94<sup>**</sup>|<br>2.85<sup>**</sup>|
||[0.036]|[0.048]|[0.049]|[0.049]|[0.049]|[0.053]|
|Structure|-3.04<sup>**</sup>|-6.00<sup>**</sup>|-6.00<sup>**</sup>|-6.00<sup>**</sup>|-5.95<sup>**</sup>|-5.87<sup>**</sup>|
||[0.105]|[0.100]|[0.099]|[0.099]|[0.099]|[0.100]|
|||**E**|**ndowments**||||
|Education|0.29<sup>**</sup>|1.32<sup>**</sup>|1.42<sup>**</sup>|1.47<sup>**</sup>|1.49<sup>**</sup>|1.61<sup>**</sup>|
||[0.037]|[0.040]|[0.041]|[0.042]|[0.041]|[0.044]|
|Potential<br>Experience|-0.27<sup>**</sup>|-0.33<sup>**</sup>|-0.33<sup>**</sup>|-0.32<sup>**</sup>|-0.32<sup>**</sup>|-0.32<sup>**</sup>|
||[0.010]|[0.012]|[0.012]|[0.012]|[0.012]|[0.012]|
|Minimum Wage||1.99<sup>**</sup>|1.89<sup>**</sup>|1.93<sup>**</sup>|1.89<sup>**</sup>|1.84<sup>**</sup>|
|||[0.034]|[0.032]|[0.033]|[0.032]|[0.032]|
|Formality Status|||0.01<sup>+</sup>|0.02<sup>**</sup>|0.02<sup>**</sup>|0|
||||[0.006]|[0.006]|[0.006]|[0.006]|
|Race and Gender||||-0.11<sup>**</sup>|-0.12<sup>**</sup>|-0.11<sup>**</sup>|
|||||[0.008]|[0.008]|[0.008]|
|Region and Urban|||||-0.03<sup>**</sup><br>|-0.03<sup>**</sup><br>|
||||||[0.005]|[0.006]|
|Economic Sector||||||-0.14<sup>**</sup>|
|||||||[0.018]|
||||**Structure**||||
|Education|0.98<sup>**</sup>|3.22<sup>**</sup>|2.43<sup>**</sup>|2.74<sup>**</sup>|2.46<sup>**</sup>|2.14<sup>**</sup>|
||[0.256]|[0.221]|[0.225]|[0.236]|[0.235]|[0.249]|
|Potential<br>Experience|-2.21<sup>**</sup>|0.45|0.03|0.47|0.46|0.69|
||[0.675]|[0.641]|[0.642]|[0.640]|[0.642]|[0.652]|
|Minimum Wage||0.16<sup>**</sup>|0.22<sup>**</sup>|0.34<sup>**</sup>|0.40<sup>**</sup>|0.35<sup>**</sup>|
|||[0.017]|[0.023]|[0.024]|[0.024]|[0.024]|
|Formality Status|||<br>-0.93<sup>**</sup>|<br>-1.03<sup>**</sup>|<br>-0.96<sup>**</sup>|<br>-0.81<sup>**</sup>|
||||[0.114]|[0.114]|[0.116]|[0.125]|
|Race and Gender||||-1.45<sup>**</sup>|-1.40<sup>**</sup>|-1.42<sup>**</sup>|
|||||[0.161]|[0.163]|[0.169]|
|Region and Urban|||||-0.84<sup>**</sup>|-0.70<sup>*</sup>|
||||||[0.292]|[0.289]|
|Economic Sector||||||027|
|||||||.<br>[1.548]|
|Constant|-1.80<sup>*</sup>|-9.82<sup>**</sup>|-7.75<sup>**</sup>|-7.07<sup>**</sup>|-6.08<sup>**</sup>|<br>-6.40<sup>**</sup>|
||[0.758]|[0.715]|[0.733]|[0.722]|[0.790]|[1.749]|
||||**Total**||||
|Education|1.27<sup>**</sup>|4.54<sup>**</sup>|3.85<sup>**</sup>|4.21<sup>**</sup>|3.95<sup>**</sup>|3.76<sup>**</sup>|
||[0.258]|[0.223]|[0.227]|[0.239]|[0.238]|[0.252]|
|Potential<br>Experience|-2.48<sup>**</sup>|0.12|-0.3|0.14|0.14|0.37|
||[0.676]|[0.642]|[0.643]|[0.640]|[0.642]|[0.652]|
|Minimum Wage||<br>2.15<sup>**</sup>|<br>2.11<sup>**</sup>|<br>2.27<sup>**</sup>|<br>2.30<sup>**</sup>|<br>2.19<sup>**</sup>|
|||[0038]|[0040]|[0041]|[0041]|[0040]|
|Formality Status||.|.<br>-0.92<sup>**</sup>|.<br>-1.01<sup>**</sup>|.<br>-0.94<sup>**</sup>|.<br>-0.80<sup>**</sup>|
||||[0.114]|[0.114]|[0.116]|[0.125]|
|Race and Gender||||-1.55<sup>**</sup>|-1.52<sup>**</sup>|-1.53<sup>**</sup>|
|||||[0.161]|[0.164]|[0.169]|
|Reion and Urban|||||-087<sup>**</sup>|-072<sup>*</sup>|
|g|||||.<br>[0.292]|.<br>[0.289]|
|Economic Sector||||||<br>012|
|||||||.<br>[1.549]|
|N|479,686|479,686|479,686|479,635|479,635|477,775|

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.

35