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.