The causes and consequences of high inequality in incomes, assets, and many aspects of well-being in Latin America have recently (re-)emerged as a central research and policy issue. However, many open questions remain that will be dealt with in the contributions to this volume. First, the...

Based on Amartya Sen's groundbreaking work on capabilities and functionings, static poverty measures have long used non-income indicators. In contrast, measures of poverty dynamics, including chronic poverty, have in general conceptualized poverty only in an income dimension. Hence, this paper...