We estimate the returns to education for women and the racial wage differential among women over the wage distribution in Brazil by using quantile regression with semiparametric correction for sample selection. Our estimates show that the returns to education are high and that they are not...

This paper aims at analyzing the relationship between economic growth and financial development on theoretical and empirical grounds. We briefly review the arguments that support the existence or not of a positive and causal relation between these two variables, as well as the arguments that...

In this paper, we evaluate the income convergence hypothesis in Latin America and East Asia between 1960 and 2000 through the use of quantile regressions to estimate growth equations. This approach allows us to assess how the effect of policy variables on per worker income growth rate can vary...