What part of the inequality observed in a particular country is due to unequal opportunities, rather than to differences in individual efforts or luck? This paper estimates a lower bound for the opportunity share of inequality in labor earnings, household income per capita and household...

: The economic rationale for conditional cash transfers -- Design and implementation features of CCT programs -- The impact of CCTs on consumption poverty and employment -- The impact of CCT programs on the accumulation of human capital -- Conditional cash transfers : policy and design options

Social protection systems in Latin America have been transformed in the past two decades. Until the 1980s, those who were not covered by the social security arrangements available primarily in the urban formal sector received little public assistance beyond universal subsidies for some food or...