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Income Inequality in Latin America and the Caribbean: Evidence from Household Surveys

Author

Listed:
  • Leonardo Gasparini

    (Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS), Universidad Nacional de La Plata)

Abstract

This paper reports information on income inequality in Latin America and the Caribbean computed from a sample of more than 50 household surveys from 20 LAC countries from 1989 to 2001. Although the core of the statistics is on household income inequality, we also report results on aggregate welfare and polarization. Inequality has moderately increased in South America in the last decade. The two main exceptions are Argentina, with a very large inequality increase, and Brazil, where inequality actually decreased. Changes have been small in Central America and the Caribbean. Aggregate welfare has increased in most countries fueled by economic growth and despite unequalizing distributional changes.

Suggested Citation

  • Leonardo Gasparini, 2005. "Income Inequality in Latin America and the Caribbean: Evidence from Household Surveys," Económica, Instituto de Investigaciones Económicas, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0(1-2), pages 29-57, January-D.
    • Handle: RePEc:akh:journl:543
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    File URL: https://revistas.unlp.edu.ar/Economica/article/view/5511/4516
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    Citations

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    Cited by:

    1. Helwege, Ann & Birch, Melissa B.L., 2007. "Declining Poverty in Latin America? A Critical Analysis of New Estimates by International Institutions," Working Papers 37279, Tufts University, Global Development and Environment Institute.
    2. Bogliacino, Francesco & Rojas Lozano, Daniel, 2017. "The evolution of inequality in Latin America in the 21st century: Patterns, drivers and causal hypotheses," MPRA Paper 77803, University Library of Munich, Germany.
    3. Ricardo Bebczuk, 2009. "SME Access to Credit in Guatemala and Nicaragua: Challenging Conventional Wisdom with New Evidence," CEDLAS, Working Papers 0080, CEDLAS, Universidad Nacional de La Plata.

    More about this item

    Keywords

    Inequality; distribution; income; wages; education; Latin America; Caribbean;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I2 - Health, Education, and Welfare - - Education
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J82 - Labor and Demographic Economics - - Labor Standards - - - Labor Force Composition
    • N36 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Latin America; Caribbean

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