The effects of market and policy reforms on poverty and inequality in Latin America have been of considerable concern. The region continues to have relatively great income inequalities. Two different societies with the same income distribution may have different levels of social welfare because...

This paper presents new evidence for major world regions and for the most populous countries in each region on associations between the average ages of populations and three groups of economic outcomes: (1) macroeconomic aggregates (domestic saving as a share of GDP, GDP per capita, capital per...

There is a recent renewal of interest in the relation between shifts in age structures of populations and various economic outcomes. These shifts are triggered by changes in fertility and mortality that take place some years before becoming apparent in the standard age structure and that may...

This paper develops and applies a new approach to the estimation of the impact of economy-wide reforms on wage differentials, using a new high-quality data set on wage differentials by schooling level for 18 Latin American countries for the period 1980-1998. The results indicate that reform...

High inequality has long been regarded as one of the main problems facing Latin American countries. To understand better the determinants of inequality and to help guide thinking about policy options, it is useful to know whether inequality mainly reflects low intergenerational mobility or...

Este trabajo intenta responder a la pregunta de cuál ha sido el efecto de la liberalización comercial y financiera sobre la desigualdad y la pobreza en América Latina. Para esto, proponemos una metodología para estimar el efecto de la liberalización económica sobre la desigualdad y la...

Schooling is a major factor in economic development. There is extensive empirical literature on what determines schooling attainment. But most of this literature uses micro data to explore connections between schooling attainment and family background and experiences, local markets, local...