Full Citation
Title: Understanding the Dynamics of Labor Income Inequality in Latin America
Citation Type: Working Paper
Publication Year: 2016
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Abstract: Latin America has been characterized as a region with an excess of inequality for being a middle-income region (Londoño and Székely 2000). It ranks as the second most unequal region in the world, after Sub-Saharan Africa, a position that holds independent of the metric used to measure welfare, whether consumption or income (Alvaredo and Gasparini 2015). Although inequality in Latin America is still substantial today, the region is also known to have experienced a turning point in the trend in the early 2000s (Gasparini et al. 2011), changing from a slightly increasing trend during the 1990s to a steady decline since the early 2000s (López-Calva and Lustig 2010). This represents a sharp contrast with what has occurred in other developing regions, particularly in Eastern Europe and Central Asia and in East Asia and the Pacific, where income inequality has been on the rise since the early 2000s (Alvaredo and Gasparini 2015).5 The literature on the rise and fall of income inequality is vast. Following the seminal studies of Gasparini et al. (2009) and López-Calva and Lustig (2010), a growing body of literature has documented the turning point in total income inequality and has hypothesized about the potential supply, demand, and institutional factors that may be associated with the unique equalizing momentum of the region . . .
Url: http://www.ecineq.org/ecineq_nyc17/FILESx2017/CR2/p54.pdf
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Authors: Rodriguez-Castelan, Carlos; Lopez-Calva, Luis F; Lustig, Nora; Valderrama, Daniel
Series Title: Policy Research Working Paper Series
Publication Number: 7795
Institution: World Bank Group
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Data Collections: IPUMS USA
Topics: Labor Force and Occupational Structure, Race and Ethnicity
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