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Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10011396463
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly...
Persistent link: https://www.econbiz.de/10010252825
Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011440819
Countries with high income inequality also show a strong association between parents' and children's economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011459537
development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
This paper uses recently published top 1% income share series in studying the inequality-development association. The … opportunity to study slow development processes. The empirical inequality-development studies have started to call into question … spline methods. The association between top 1% share and development is found to experience a reversal at later stages of …
Persistent link: https://www.econbiz.de/10010496108
that increasing social mobility had a significant and robust effect on the development of Latin American regions. …We explore the role of social mobility as a driver of economic development. First, we map the geography of …
Persistent link: https://www.econbiz.de/10012671883
-regional heterogeneity. Our findings show that increasing social mobility had a significant and robust impact on the development of Latin …We explore the role of social mobility as a driver of economic development by constructing a panel data set that …
Persistent link: https://www.econbiz.de/10012624762
earnings have become more similar within occupations in traded industries. Sensitivity checks show that the results are robust …
Persistent link: https://www.econbiz.de/10011645689
earnings have become more similar within occupations in traded industries. Sensitivity checks show that the results are robust …
Persistent link: https://www.econbiz.de/10011647672