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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.
Inequality Trends and their Determinants Latin America over 1990-2010.pdf
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