The objective of this paper is to take stock of the changes in the economy and in economic and social policies in Latin America in the last 30 years in which to frame the changes in poverty and inequality in the region. Thus, the main thesis of the paper argues that, beyond the improvements that...

How does inequality motivate people and at what cost? We develop a model of perpetual youth with heterogeneous upward-looking aspirations -- people value their consumption relative to the conditional mean of those above them in the distribution. Their survival depends on health capital produced...

This paper explores how a trust in government shared by neighbors is associated with individual preferences for income redistribution and individual perceptions regarding income tax burden. Three measures for trust in government are used: “trust in ministries and government agencies”,...

This paper analyzes recent labor market developments in the Chilean economy. The evidence shows a booming labor market with strong job creation since 2010. Most of the jobs created during the past three years are quality jobs—that is, jobs with a written contract and whose employers have made...

In this study, we construct an affluence line for the country, using Cameroonian Households surveys (2007). This line is an anti-poverty line. The proposed affluence line is derived here based on the principle of transfer of resources of the richest to the poorest

This paper generalizes the Fan-Knaster-Kuratowski-Mazurkiewicz (FKKM) theorem of Ky Fan (“Game Theory and Related Topics,” pp. 151–156, North-Holland, Amsterdam, 1979; and Math. Ann.266, 1984, 519–537) and the Ky Fan minimax inequality by introducing a class of the generalized closedness and...

This paper contributes to the debate over the relationship between inequality and growth by proposing that the disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that can affect the sign of the relationship. An inverted...