The haves and the have-nots in Latin America in the 20th Century
This paper offers for the first time income shares of the top 10% and the bottom 40% of the labour force for Argentina, Brazil, Chile, Colombia, Mexico and Venezuela in the period 1900-2011. The main findings are: i) over this period the top 10% share is, on average, 51.3% and the bottom 40% share 1...
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2016 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/12773 |
| Acceso en línea: | http://hdl.handle.net/10272/12773 |
| Access Level: | acceso abierto |
| Palabra clave: | Economic History Economic Development Income Inequality Latin America Historia económica Desarrollo económico Desigualdad del ingreso América Latina |
| Sumario: | This paper offers for the first time income shares of the top 10% and the bottom 40% of the labour force for Argentina, Brazil, Chile, Colombia, Mexico and Venezuela in the period 1900-2011. The main findings are: i) over this period the top 10% share is, on average, 51.3% and the bottom 40% share 13.2%; ii) in the last thirty years the gap between both tails widened (54.6% vs. 11.9%), despite narrowing inequality in the 2000s; iii) there is no inequality levelling in the middle decades of the last century as experienced in the rich economies. This new long-term evidence confirms that the recent shared decline in inequality has no precedent in the 20th century; but it also shows that, as in the past, high concentration at the top 10% and a relatively low-income share of the bottom 40% continues to be the region’s inequality trademark |
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