Bittencourt, Manoel F. Meyer - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2006
We examine the impact that financial development had on earnings inequality in Brazil in the 1980’s and 90’s. The … markets had a significant and robust effect in reducing inequality during the period investigated. We suggest that this is not … aimed at the poor, alleviates the high inequality present in Brazil and consequently improves welfare without distorting …