In this paper we investigate the role of financial development, or more widespread access to all sorts of finance, in generating economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data and analysis, confirm the Schumpeterian prediction...

We examine how macroeconomic performance, mainly in the role of high rates of inflation, affected earnings inequality in the 1980s and early 1990s in Brazil. The results-based initially on national timeseries, and then on the relatively novel sub-national panel time-series T N data and...

We examine the impact of financial development on earnings inequality in Brazil in the 1980s and first half of the 1990s. The evidence- based on panel-time series data and analysis-shows that financial development had a significant and robust effect in reducing inequality during the period. We...