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The income distribution problem in Latin America and the Caribbean / Samuel A. Morley.

Lippincott Library HC130.I5 M67 2001
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Format:
Book
Government document
Author/Creator:
Morley, Samuel A.
Contributor:
United Nations. Economic Commission for Latin America and the Caribbean.
Series:
Libros de la CEPAL ; 65.
Libros de la CEPAL
Language:
English
Subjects (All):
Income distribution--Latin America.
Income distribution.
Equality.
Latin America.
Income distribution--Caribbean Area.
Equality--Latin America.
Equality--Caribbean Area.
Caribbean Area.
Physical Description:
169 pages : illustrations ; 24 cm.
Place of Publication:
Santiago, Chile : ECLAC, 2001.
Contents:
A. Latin America: The Highest Inequality in the World 17
B. A Closer Look at Region-wide Data for Latin America and the Caribbean 18
C. Inequality within Latin America and the Caribbean 21
D. Trends in Inequality Over Time within Latin America and the Caribbean 23
Chapter II Determinants of the Distribution of Income 27
A. A Schematic Model of the Distribution Process 27
B. The Impact of Growth on the Distribution of Income 33
C. The Adoption of Reforms 36
D. The Impact of the Structural Reforms 46
Chapter III Why is the Distribution of Income in Latin America So Unequal? 51
A. Education 51
B. Physical Capital 60
C. The Distribution of Land and Unskilled Labour 63
D. The Contribution of Inequality at the Top of the Distribution 65
Chapter IV The Effect of Reform and Growth on Distribution of Family Income 69
A. The Model for the Level of Distribution 72
B. The Effect of Growth on the Distribution: An Application of the Estimated Kuznets Curve 82
C. Subindexes of Reform 84
D. Results for the Model of Changes in Inequality 87
Chapter V Evidence from Country Case Studies 93
A. Historical Evidence on Factor Prices and Relative Factor Supplies 99
B. Factor Shares and the Rate of Return to Capital 102
C. The Link between Labour Market Performance and Inequality 104
D. Patterns of Sectoral Growth in the 1970s and 1990s 110
E. What Explains the Big Increases in Inequality in Chile, Argentina and Mexico? 112
Chapter VI The Components of Income Inequality 115
A. Decompositions of Inequality 117
B. The Effect of Changes in Education and Skill Differentials 123
Chapter VII The Rich and the Poor in the Post-Reform Period 131
A. A Profile of the Rich 132
B. Contribution of the Rich to Total Inequality 135
C. The Role of University Graduates in Explaining Inequality 140
D. The Poor 142
E. Reforms and Poverty Reduction 147
Chapter VIII Conclusions and Policy Implications 149
A. Why is Inequality So High in Latin America and the Caribbean? 149
B. Inertia in the Distribution 150
C. The Impact of the Reforms 152
D. Policies that Can Help 153.
Notes:
"May 2001"--t.p. verso.
"LC/G.2127-P"--T.p. verso.
Includes bibliographical references (pages 157-163).
ISBN:
9211212936
OCLC:
47760571

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