Policies for Reducing Income Inequality: Latin America During the Last Decade
AbstractIn most Latin American countries, income inequality rose steadily during the 1980s and 1990s, and declined from 2002 to 2007. This paper analyzes the factors that could explain the changes in income inequality from 1990 to 2007, by focusing on external shocks and changes in domestic policies. Particular reference will be made to macroeconomic, educational and social policies introduced during recent years, and to the impact of the election of an increasing number of leftof- centre governments which have come to power during the last decade. The paper tests econometrically the importance of all these factors on data for 18 countries from 1990 to 2007. On the basis of this model, the paper estimates the income inequality level for the crisis years 2008 and 2009. The results suggest that a continuation of fiscally prudent distributive and redistributive policies, which have emerged in much of the region in the 2000s, should preserve most of the income inequality gains recorded in recent years.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by UNICEF,Division of Policy and Strategy in its series Working papers with number 1006.
Length: 50 pages
Date of creation: 2010
Date of revision:
Contact details of provider:
Postal: 3 United Nations Plaza
Phone: +1 212 326 7000
Fax: +1 212 888 7454
Web page: http://www.unicef.org
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roberto Frenkel & Martin Rapetti, 2008. "Five years of competitive and stable real exchange rate in Argentina, 2002-2007," International Review of Applied Economics, Taylor and Francis Journals, vol. 22(2), pages 215-226.
- Esteban PÃ©rez Caldentey & MatÃas Vernengo, 2010. "Back to the future: Latin America's current development strategy," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 32(4), pages 623-644, July.
- Kristensen, Nicolai & Cunningham, Wendy, 2006. "Do minimum wages in Latin America and the Caribbean matter ? Evidence from 19 countries," Policy Research Working Paper Series 3870, The World Bank.
- Leonardo Gasparini & Guillermo Cruces & Leopoldo Tornarolli & Mariana Marchionni, 2009. "A Turning Point? Recent Developments on Inequality in Latin America and the Caribbean," CEDLAS, Working Papers 0081, CEDLAS, Universidad Nacional de La Plata.
- Bruno Martorano & Marco Sanfilippo & UNICEF Innocenti Research Centre, 2012. "Innovative Features in Conditional Cash Transfers: An impact evaluation of Chile Solidario on households and children," Innocenti Working Papers inwopa656, UNICEF Innocenti Research Centre.
- Isabel Ortiz & Matthew Cummins, 2011.
"Global Inequality: Beyond the Bottom Billion – A Rapid Review of Income Distribution in 141 Countries,"
1105, UNICEF,Division of Policy and Strategy.
- Isabel Ortiz & Matthew Cummins, 2011. "Global Inequality: Beyond the Bottom Billion – A Rapid Review of Income Distribution in 141 Countries," Working papers 1102, UNICEF,Division of Policy and Strategy.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Clara Osorio).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.