IDEAS home Printed from
   My bibliography  Save this paper

Macroeconomic performance and inequality in Colombia : 1976-1996


  • Raquel Bernal
  • Mauricio Cárdenas
  • Jairo Núñez
  • Fabio Sánchez


This paper explores the relationship between macroeconomic conditions and urban income distribution in Colombia. The results show that unemployment and inflation have significant regressive effects. Manufacturing output growth is clearly progressive, as well as improved conditions in the rural areas. Currency overvaluation is also related to income concentration. In this sense, it is no suprise that the recent combination of high unemployment, an overvalued currency, and low overall economic growth have resulted in greater inequality. The paper olso finds that unemployment and inflation have an adverse effect on education of the poor. Thus, macroeconomic instability is detrimental for the accumulation of human capital, which in turn has a long-term effect on the distribution of income.

Suggested Citation

  • Raquel Bernal & Mauricio Cárdenas & Jairo Núñez & Fabio Sánchez, 1997. "Macroeconomic performance and inequality in Colombia : 1976-1996," Working Papers Series. Documentos de Trabajo 9210, Fedesarrollo.
  • Handle: RePEc:col:000123:009210

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Jóse Leibovich & Jairo Núñez, 1999. "Los activos y recursos de la población pobre en Colombia," Research Department Publications 3057, Inter-American Development Bank, Research Department.

    More about this item


    Crecimiento Económico; Macroeconomía; Distribución del ingreso; Colombia;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000123:009210. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Patricia Monroy (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.