used by the optimal growth problem. Finally, the paper shows that the negative welfare effect of monopsony is larger when …

signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the … result of two set of reasons. First, several of the driving factors of the fall in inequality in the 2000s have lost strength … early 2010s, making further reductions in inequality more difficult. …

While Latin America has historically been considered a region of very high inequality, the performance of most Latin … American countries in terms of reduction of income inequality has been remarkable good in the first decade of this century …. Given that those improvements took place in a context of rising inequality in most of the world, the evolution of income …