To comprehend how development really happens, it is necessary to understand the evolution of its drivers and their relationship with individuals' income. This paper analyzes the expansion of access to education and basic services in Latin America and its association with the evolution of incomes...

This paper documents an inverse U-shape in the evolution of wage inequality in Latin America since 1995, with a sharp reduction starting in 2002. The Gini coefficient of wages increased from 42 to 44 between 1995 and 2002 and declined to 39 by 2015. Between 2002 and 2015, the 90/10 log hourly...

This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...

This paper investigates the relative importance of different channels in explaining the low share of industrial employment in Latin America relative to the economies that employ a large share of the workforce in industry. Differences in domestic final consumption shares play a pivotal role and...

The impact of urban form on economic performance and quality of life has been extensively recognized. The studies on urban form have focused in developed countries; only a few cities in developing countries have been studied. This paper utilizes nighttime lights imagery and information on street...

This paper examines the linkages between urban form and city productivity, using alternative metrics for urban form and applying them to a comprehensive sample of Latin American cities. Although most of the literature has concentrated on the effects of population density (compact versus...

This paper provides empirical evidence on the impact of institutional fragmentation and metropolitan coordination on urban productivity in Latin American cities. The use of night-time lights satellite imagery and high-resolution population data allow the use of a broader definition of...

The authors investigate what has motivated the large portfolio flows to several developing countries in recent years. Using monthly data on U.S. capital flows to nine Latin American and nine Asian countries (instead of monthly reserves data), they analyze the behavior of bond andequity flows to...