New survey-based data on siblings are used to assess potential roles of bequests in redistributing income among siblings as implied by prominent models. The data are not focused on the upper tail of the wealth distribution and include both own and sib reports on own and sib's bequests, enabling...

This paper applies a new approach to the estimation of the impact of policy, both the levels and the changes, on wage differentials using a new high-quality data set on wage differentials by schooling level for 18 Latin American countries for the period 1977-1998. The results indicate that...

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Better understanding would be valuable, for sub-Saharan Africa, of: (i) determinants of human resource investments; (ii) their returns; and (iii) policy implications. Such understanding can be obtained from behavioural data only by integrated modelling, data and estimation. Simple analytical...

Good empirical analysis of the intergenerational transmission (IGT) of poverty is challenging. This note clarifies this challenge and possible contributions by considering: (1) what estimated relations would be informative for improving understanding within an intergenerational life-cycle...

The effects of market and policy reforms on poverty and inequality in Latin America have been of considerable concern. The region continues to have relatively great income inequalities. Two different societies with the same income distribution may have different levels of social welfare because...

(Disponible en idioma inglés únicamente) La enseñanza es un factor sumamente importante del desarrollo económico. Hay un gran cúmulo de obras empíricas publicadas sobre los factores que determinan el logro en la enseñanza. La mayor parte de esa obra publicada, sin embargo, emplea datos...

Schooling is a major factor in economic development. There is extensive empirical literature on what determines schooling attainment. But most of this literature uses micro data to explore connections between schooling attainment and family background and experiences, local markets, local...

(Available only in Spanish) This work attempts to answer the question: How has trade and financial liberalization affected inequality and poverty in Latin America? To do this, we use a methodology to estimate the effect of economic liberalization on inequality and poverty, and apply it to a...

(Disponible en idioma inglés únicamente) Los efectos de las reformas de mercado y de políticas sobre la pobreza y la desigualdad en América Latina han sido motivo de considerable preocupación. La región sigue exhibiendo desigualdades de ingresos relativamente grandes. Dos sociedades...