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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 study explores the evolution of inequality in Latin America during the COVID-19 pandemic using primary data … available from household and employment surveys collected in 2020. Inequality increased on average by 2 percent between 2019 and … 2020, twice the average annual growth in the inequality indicator that marked the decade of growing inequality in the 1990s …
Persistent link: https://www.econbiz.de/10014516178
Independence from Spain was a complex movement of civil confrontation and long and cruel wars of liberation. Human lives were lost, assets destroyed, capital fled, slavery abolished and public issues left to inexpert administrations, but at the same time there was an important reduction in the...
Persistent link: https://www.econbiz.de/10012768202
may have on a country's poverty levels and inequality. Our vulnerability scenarios are based on the national policies used … different effects on poverty and inequality. We find a significant increase on poverty headcount ranging from 25% to 33% percent …
Persistent link: https://www.econbiz.de/10013231489
The effects of immigration are reasonably well understood in developed countries, but they are far more poorly understood in developing ones despite the importance of these countries as immigrant destinations. We address this shortcoming by studying the effects of immigration to Brazil during...
Persistent link: https://www.econbiz.de/10014468282
This article analyzes sovereign debt defaults in four Latin American countries — Argentina, Brazil, Chile and Mexico — for the period 1870-2012. The impact of sovereign defaults on real GDP growth is generally short-lived, while the impact in terms of output losses is deep and lasts long....
Persistent link: https://www.econbiz.de/10012976895
This paper is aimed at assessing the spillover effects of the US Economic Policy Uncertainty (EPU) in macroeconomic variables of major Latin American Countries (LAC): Mexico, Colombia, Brazil, and Chile. To do that, we estimate a set of two-country Structural Vector Autoregressive (SVAR) models...
Persistent link: https://www.econbiz.de/10012406034
We assess the effectiveness of means-tested and social insurance programs in the United States. We show that per capita expenditures on these programs as a whole have grown over time but expenditures on some programs have declined. The benefit system in the U.S. has a major impact on poverty...
Persistent link: https://www.econbiz.de/10010285778
revenues and increase inequality, by reducing the progressivity of the personal tax system. A proposed reform package that …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …
Persistent link: https://www.econbiz.de/10012202861
Persistent link: https://www.econbiz.de/10012588746