After a period of hyperinflation and the adoption of the Brazilian Real in 1994, Brazil has experienced a significant decline in income inequality along with a rapid recovery of the real minimum wage. There is no empirical consensus on whether the increase in the minimum wage contributed to the...

Korean Abstract: 본고는 근로자의 고용형태가 소득분위별 임금 및 소득 분포에 미치는 영향을 분석하였다. 구체적으로는 Firpo 등 (2009)이 제안한 재중심 영향함수 (Recentered Influence Function, RIF) 를 이용하여 임금근로자중 비정규직...

This paper explores theoretical linkages between poverty traps, economic inequality and delinquency in a perfect competition overlapping generations model characterized by dual legal production sectors and one illegal sector. The model posits an absence of credit for human capital accumulation,...

This paper develops a dynamic dual-economy model and examines how the long-run outcome of an economy depends on the initial distribution of wealth and sectoral productivity.It is shown that, for fast transformation into a developed economy, the initial distribution must be such that extreme...

Most of the minimum wage literature in developing countries provides supporting evidence of its effectiveness in reducing wage inequality. Using minimum wage data from Thailand (1985-2010), I find rather mixed outcomes. The minimum wage seems to help compress the lower part of wage distribution...

The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...

This study aims to bridge the gap in the existing literature by examining the impact of prevailing traditional slavery institutions and democratization processes on human capital development. In our pursuit, we conducted a residential survey in Sumba Island, Indonesia. Notably, despite...

In this paper we study the role of income distribution as a determinant of the size of the informal sector in an economy. We rely on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. We further postulate that...

This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: (1) Labor institutions vary greatly among developing countries but less than...

The purpose of this study is to analyze the effect of access to different financial products in reducing income inequalities between men and women working in the informal sector in Cameroon. To this end, we use the World Bank database World Bank Global Financial Inclusion (Global Findex) dataset...