with the likelihood of being middle class. The example of Colombia illustrates that, while growing in size, this income …

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 …

of income, multidimensional non-monetary, and subjective deprivation for all countries in the region based on Gallup data …

Poverty in Brazil and Chile; The Role of Transaction Costs in Explaining Economic Performance and Income Distribution: Some …

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 …