Showing 1 - 10 of 23
Persistent link: https://www.econbiz.de/10001697071
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10001920916
This book breaks away from the exclusively macroeconomic focus of development studies to bring the spotlight to the place where decisions are made: households. Complementing this microeconomic view with an aggregate approach, this volume uncovers clues to declining fertility, skyrocketing female...
Persistent link: https://www.econbiz.de/10010943383
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects...
Persistent link: https://www.econbiz.de/10010943424
caught in a vicious circle. They lack sufficient access to education, credit and other means to generate income, so they earn … lower wages, which in turn prevents them from accumulating the assets they need to increase future income. The authors … analyze the ownership and use of income-generating assets, as well as access to them. Where there are market imperfections …
Persistent link: https://www.econbiz.de/10010943569
This paper presents evidence on the relationship between economic shocks to relative male wages and changes in household consumption in Mexico during the 1990s, which is a period characterized by high volatility. In addition to performing this type of analysis for Mexico for the first time, the...
Persistent link: https://www.econbiz.de/10010943675
Following the 1994 financial crisis, the rate of saving of the Mexican economy fell from 21.7 percent to 19.8 percent of GDP. The decline was associated with a reduction in the rate of external saving from 6.9 to 0.5 percent between 1994 and 1995. The overall reduction was not more dramatic...
Persistent link: https://www.econbiz.de/10010943745
This paper studies the empirical links among factor endowments, trade, and personal income distribution. The motivation … changes are quite complex and their final effect on income distribution is theoretically unclear. The author's aim is to … present the stylized empirical facts on the relations between income distribution, factor endowments, and trade. …
Persistent link: https://www.econbiz.de/10010944059
This paper argues that there is no country in Latin America where we can confidently say that income inequality … schooling are the main reason why income distribution has not improved in the 1990s. However, the lack of progress in income …
Persistent link: https://www.econbiz.de/10010944090