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...

We examine in this paper how macroeconomic performance, mainly in the role of high and volatile rates of inflation, affected earnings inequality in the 1980s and early 1990s in Brazil. The empirical evidence presented shows that the extreme inflation, combined with the incomplete indexation...

Using sectoral growth accounting techniques, the paper analyzes the structural determinants of labour productivity in Asia and Latin America c, indicating a contrasted situation between both developing regions. While Asia appears to be engaged in a relatively smooth transition from the low...

Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income inequality by opening blocked advancement opportunities for disadvantaged segments of the population. This study intends to investigate the impact of financial inclusion on reducing...

The relative incomes and education-levels of Black and white populations in the United States and Brazil are considered after Abolition, and framed by earlier disparities in their natural rates of increase. For the post-World War Two period, the effects of demography, education, and regional...

This paper offers an explanation for the substantial decline in income inequality in Latin America during the 2000s, which is known to have been mainly driven by a decline in the skill premium. The 2000s were characterized by an economic expansion concentrated on low-skill-intensive service...

This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...

This paper provides compelling evidence that equity market liberalization, the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the accumulation of human capital. We examine the impact...

This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...