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| 文件名: Inequality Trends and their Determinants Latin America over 1990-2010.pdf | |
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1 论文标题
Inequality Trends and their Determinants Latin America over 1990-2010 2 作者信息 Giovanni Andrea Cornia 3 出处和链接(比如,NBER working paper No.11000) WIDER Working Paper No. 2012/09 4 摘要 The paper reviews the steady and widespread decline in income inequality which has taken place in most of Latin America over 2002-10 and which––if continued for another 2-3 years––would reduce the average regional income inequality to pre-liberalization levels. The paper then focuses on the factors, which may explain such inequality decline. A review of the literature and an econometric test indicate that a few complementary factors played an important role in this regard, including a drop in the skill premium following a rapid expansion of secondary education, and the adoption of a new development model by a growing number of left-of-centre governments which emphasizes fiscally-prudent but more equitable macroeconomic, tax, social expenditure and labour policies. For the region as a whole, improvements in terms of trade, migrant remittances, FDI and world growth playeda less important role than expected although their impact was perceptible in countries where such transactions were sizeable. |
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