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Persistent Poverty and Excess Inequality: Latin America, 1970–1995

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  • Juan Luis Londoño
  • Miguel Székely

Abstract

This work assesses the changes in aggregate poverty and inequality that have taken place in Latin America during the past 26 years. With this objective, we put together the largest number of observations on income distribution for the region for the period 1970–1995. We find that poverty and inequality have not declined during the 1990s in spite of improvements at the macroeconomic level. The characteristics of our data allow us to perform various comparisons between countries. Our results show that even though there are differences in levels across countries, inequality and poverty in most of them follow similar trends during the period under study.

Suggested Citation

  • Juan Luis Londoño & Miguel Székely, 2000. "Persistent Poverty and Excess Inequality: Latin America, 1970–1995," Journal of Applied Economics, Taylor & Francis Journals, vol. 3(1), pages 93-134, May.
    • Handle: RePEc:taf:recsxx:v:3:y:2000:i:1:p:93-134
    DOI: 10.1080/15140326.2000.12040547
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    Cited by:

    1. Boucher, Stephen R. & Guirkinger, Catherine, 2007. "AJAE Appendix: Risk, Wealth and Sectoral Choice in Rural Credit Markets," American Journal of Agricultural Economics APPENDICES, Agricultural and Applied Economics Association, vol. 89(4), pages 1-4, November.
    2. Antonio Rodriguez & Carlyn Ramlogan, 2007. "Corruption, privatisation and the distribution of income in Latin America," Development Research Working Paper Series 09/2007, Institute for Advanced Development Studies.
    3. Fernández, Manuel & Messina, Julián, 2018. "Skill premium, labor supply, and changes in the structure of wages in Latin America," Journal of Development Economics, Elsevier, vol. 135(C), pages 555-573.
    4. repec:idb:brikps:340 is not listed on IDEAS
    5. Manuel Fernández & Gabriela Serrano, 2022. "New Perspectives on Inequality in Latin America," Documentos CEDE 20295, Universidad de los Andes, Facultad de Economía, CEDE.
    6. Chiara Binelli, 2008. "Returns to Education and Increasing Wage Inequality in Latin America," Working Paper series 30_08, Rimini Centre for Economic Analysis.
    7. repec:idb:brikps:322 is not listed on IDEAS
    8. Almas Heshmati, 2006. "Continental And Sub-Continental Income Inequality," The IUP Journal of Applied Economics, IUP Publications, vol. 0(1), pages 7-52, January.
    9. Steve Boucher & Catherine Guirkinger, 2007. "Risk, Wealth, and Sectoral Choice in Rural Credit Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(4), pages 991-1004.
    10. Heshmati, Almas, 2004. "The World Distribution of Income and Income Inequality," IZA Discussion Papers 1267, Institute of Labor Economics (IZA).
    11. Franco, Rolando & Sáinz, Pedro, 2001. "The Latin American social agenda in the year 2000," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.

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