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Growth and shared prosperity in Brazil

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  • Kakwani, Nanak
  • Neri, Marcelo Côrtes
  • Vaz, Fábio Monteiro

Abstract

This paper proposes extensions of the idea of shared prosperity and inclusive development. It explores dynamic growth linkages between mean income, inequality and social welfare, on the one hand, and different labor ingredients and income sources, on the other. We propose a new decomposition method that quantifies the contributions to the shared growth patterns observed labor market performance such as unemployment and participation rates, returns to schooling, hourly wages and hours worked.

Suggested Citation

  • Kakwani, Nanak & Neri, Marcelo Côrtes & Vaz, Fábio Monteiro, 2017. "Growth and shared prosperity in Brazil," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 794, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    • Handle: RePEc:fgv:epgewp:794
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    References listed on IDEAS

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    1. Sen, Amartya, 1973. "On Economic Inequality," OUP Catalogue, Oxford University Press, number 9780198281931.
    2. Kolm, Serge-Christophe, 1976. "Unequal inequalities. II," Journal of Economic Theory, Elsevier, vol. 13(1), pages 82-111, August.
    3. Nanak Kakwani, 1997. "Growth Rates Of Per-Capita Income And Aggregate Welfare: An International Comparison," The Review of Economics and Statistics, MIT Press, vol. 79(2), pages 201-211, May.
    4. Rosenblatt, David & McGavock, Tamara J., 2013. "A note on the simple algebra of the shared prosperity indicator," Policy Research Working Paper Series 6645, The World Bank.
    5. Kakwani, Nanak & Neri, Marcelo Côrtes & Son, Hyun H., 2010. "Linkages Between Pro-Poor Growth, Social Programs and Labor Market: The Recent Brazilian Experience," World Development, Elsevier, vol. 38(6), pages 881-894, June.
    6. Kolm, Serge-Christophe, 1976. "Unequal inequalities. I," Journal of Economic Theory, Elsevier, vol. 12(3), pages 416-442, June.
    7. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
    8. Ravallion, Martin, 2004. "Competing concepts of inequality in the globalization debate," Policy Research Working Paper Series 3243, The World Bank.
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