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...

This work builds on previous research to develop a methodology that simplifies the identification of the best policy options for poverty alleviation in a given country. When a population can be divided into subgroups according to an easily identifiable characteristic, the problem of alleviating...

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 studies the empirical links among factor endowments, trade, and personal income distribution. The motivation is that many developing countries have implemented radical trade reforms in recent years. These reforms have changed relative prices, induced a reallocation of resources, and...

The objective of this work is to assess the changes in poverty and inequality that have taken place in Latin America and the Caribbean from 1970 to 1995, with special emphasis on the 1990s. The main distinctive characteristic of the study is that rather than focusing on individual country...

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...

El desarrollo de América Latina en las últimas décadas no ha sido equitativo. La región ha tenido el grado de desigualdad mas alto del mundo. Ello permea la opinión pública, los circulos intelectuales y la orientación de las políticas públicas. Este breve documento de discusión evalúa...

This paper shows that the factors affecting labor supply have been key determinants of the changes in employment, unemployment, and income differentials in Latin America in the 1990s. The two main forces driving labor supply in the region have been demographics and education.

In this paper, social mobility is measured by looking at the extent to which family background determines socioeconomic success. An index of social mobility for developing countries is proposed based on the correlation of schooling gaps between siblings.