Latin American economies have experienced substantial macroeconomic instability over the last few decades. Economist have traditionally assessed the welfare impact of these fluctuations by studying the evolution of inequality and poverty. Questions regarding who benefits from economic growth and...

This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask two major questions. First, do panel income changes favor the income recipients who started at the top of the income...

In this article, we analyze the dynamics of household per capita incomes using longitudinal data from Indonesia, South Africa, Spain and Venezuela. We find that in all four countries reported initial income and job changes of the head are consistently the most important variables in accounting...