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Our objective in this working paper is to analyze the impact of relative prices on the evolution of welfare and inequality in Brazil from 1995 to 2005. This period was characterized by monetary stability but also by large changes in relative prices. This implies that a homogeneous inflation...

Although many studies have addressed poverty in Brazil, very few of them have analyzed the dynamic nature of this phenomenon. In order to fill this gap, this Working Paper seeks to identify the features that determine the permanence of poverty and the downward mobility into poverty of adults in...

From a methodological point of view, this paper makes two contributions to the literature. One contribution is the proposal of a new measure of pro-poor growth. This new measure provides the linkage between growth rates in mean income and in income inequality. In this context, growth is defined...

This Working Paper decomposes changes in the Gini coefficient in order to investigate whether Conditional Cash Transfers (CCT) have had an inequality reducing effect in three Latin American countries: Brazil, Mexico and Chile. Its technique is the decomposition of the Gini coefficient by factor...