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on Central and South America |
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Issue of 2015‒04‒11
five papers chosen by |
| By: | Márcio Gomes Pinto Garcia (Department of Economics PUC-Rio) |
| Date: | 2015–02–27 |
| URL: | http://d.repec.org/n?u=RePEc:rio:texdis:631&r=lam |
| By: | Carlos Viana de Carvalho (Department of Economics PUC-Rio); Eduardo Zilberman (Department of Economics PUC-Rio); Laura Candido de Souza (Department of Economics PUC-Rio); Nilda Mercedes Cabrera Pasca (Department of Economics PUC-Rio) |
| Date: | 2014–09 |
| URL: | http://d.repec.org/n?u=RePEc:rio:texdis:629&r=lam |
| By: | Marcos Chamon (IMF); Laura Candido de Souza (Department of Economics PUC-Rio); Márcio Gomes Pinto Garcia (Department of Economics PUC-Rio) |
| Date: | 2015–02 |
| URL: | http://d.repec.org/n?u=RePEc:rio:texdis:630&r=lam |
| By: | Werner L. Hernani-Limarino (Fundación ARU); Ahmed Eid (Fundación ARU); Rodrigo Aguirre (Fundación ARU) |
| Abstract: | This paper documents and describes the evolution of income and consumption inequality in Bolivia between 1999 and 2011. We find that income and consumption inequality measured by the Gini in- dex both dropped 22% during the period we analyze, making Bolivia the top performer in the Latin American region regarding income inequality reduction. To make a more complete description of this trend, we make separate analysis for the urban an rural area. Changes in urban inequality are driven by changes in the upper part of the distribution, as the 90-50 income and consumption percentile ra- tios fell 24%, as opposed to a 8% fall in the 50-10 ratio, for the subperiod 2005-2011. Changes in rural inequality occur through the entire distribution in similar fashion, but are more intense before 2005, when the 90-50 and 50-10 ratios fell 30 and 26% respectively. |
| Keywords: | Income, inequality, Consumption, inequality |
| JEL: | D63 E24 |
| Date: | 2013–07 |
| URL: | http://d.repec.org/n?u=RePEc:aru:wpaper:201304&r=lam |
| By: | Andre de Queiroz Brunelli |
| Abstract: | This paper aims at investigating the structural relation between patterns of services consumption and income. We focus on how patterns of services consumption adjust to different levels of income by using the perspective of social expansion as a narrative approach for the Brazilian case in the last decade. We present evidence of nonlinearity in the relation between services consumption and income by using data of the last two versions (2002-2003 and 2008-2009) of the POF-IBGE. The main conclusion follows. Although the population rise of the middle class was remarkably larger than the increase of the richest class, total expenditure and its share on services of the richest class was sufficiently large for this class to outweigh the middle class in accounting for the growth of families’ total expenditure on services. Thus, a policy implication arises. If one assume that Brazil is able to keep in a similar developing path that was experienced in the past decade, which combines expansion of the middle class and the richest class, then unless there are systematic increases in productivity stemming especially from the tradable sector, demand for services rendered to families is likely to be a source of persistent pressures on consumer inflation. The results additionally suggest that, other things equal, demand pressures will stem in special from personal services and transportation since consumption of these IPCA clusters has the particular feature of combining both a high share of total services consumption and a high sensitivity to income rises of Brazilian households in the period |
| Date: | 2015–03 |
| URL: | http://d.repec.org/n?u=RePEc:bcb:wpaper:381&r=lam |