Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...

Recent World Bank reports indicate that the world has seen a severe reduction in poverty, representing not just a cutback in the relative incidence of poverty but a significant decline in the total number of poorʺ people. However in Latin America, the incidence of poverty has remained...

Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...

Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present in come differences, and, in...

To ensure financial market stabilities, many Latin America countries implemented pure floating and inflation targeting (FIT) policies following the IMF's suggestions. The effectiveness of such policies is under investigation. This paper examines the long-run relationship between the real...

This paper analyses and documents new long-term income inequality series for Argentina, Brazil, Chile, Colombia, Mexico and Venezuela based on dynamic social tables with four occupational groups. This enables the calculation of comparable Overall (4 groups) and Labor Ginis (3 groups) with their...

During the 2000-2017 period, most Latin American and South Asian countries experienced relatively high rates of economic growth and their poverty rates reduced significantly. Although economic growth by itself is an important variable when discussing poverty, the redistributive role of the State...

During 2000-2017, Latin America (LA) achieved an annual growth rates of GDP of 2.6%. This generated an increase in the average monthly salary and a reduction in the Gini index. However, said improvements were unequal among the region, causing social strain and discontent in the groups that were...