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The main economic variables have oscillated widely during the 1992 – 2005 period in Paraguay, in association with some macroeconomic and structural transformations, but also following general growth trends and business cycles in the South American region. This can be separated into three...
Persistent link: https://www.econbiz.de/10005012446
Latin America is the most unequal region of the world in terms of income or expenditure, as well as regarding other aspects of economic or social exclusion. The region suffered the lost decade of the nineteen eighties, and experienced a modest recovery in the nineteen nineties. In the nineteen...
Persistent link: https://www.econbiz.de/10005012450
We examine the drivers of inequality change in Honduras between 1991-2007, trying to understand why inequality increased in Honduras until 2005, while it was falling in most other Latin American countries. Using annual household surveys, we document first rising inequality between 1991-2005,...
Persistent link: https://www.econbiz.de/10009649697
The idea that schooling scores depend on a combination of family background characteristics, ability and school (institutional) variables is quite clear. Regarding the issue of intergenerational transmission of inequality in the educational system, the most important question would be if and to...
Persistent link: https://www.econbiz.de/10008465170
Recent theoretical and empirical advances have brought income and wealth distributions back into a prominent position in growth and development theories, and as determinants of specific socio-economic outcomes, such as health or levels of violence and related phenomenon of inequality. To improve...
Persistent link: https://www.econbiz.de/10003876408
Latin America is the most unequal region of the world in terms of income or expenditure, as well as regarding other aspects of economic or social exclusion. The region suffered the lost decade of the nineteen eighties, and experienced a modest recovery in the nineteen nineties. In the nineteen...
Persistent link: https://www.econbiz.de/10003876413
The main economic variables have oscillated widely during the 1992 2005 period in Paraguay, in association with some macroeconomic and structural transformations, but also following general growth trends and business cycles in the South American region. This can be separated into three...
Persistent link: https://www.econbiz.de/10003876446
The Paraguayan economy did not suffer debt crises in the eighties and had significant growth rates in the second half on the seventies, but poverty remained a problem. Understanding the performance and spatial distribution of poverty and inequality over a period of more than ten years can shed...
Persistent link: https://www.econbiz.de/10011934531
In this paper we head for a fully Bayesian analysis of the latent class model with a priori unknown number of classes. Estimation is carried out by means of Markov Chain Monte Carlo (MCMC) methods. We deal explicitely with the consequences the unidentifiability of this type of model has on MCMC...
Persistent link: https://www.econbiz.de/10005844780
In the present paper we consider Bayesian estimation of a finite mixture of models with random effects which is also known as the heterogeneity model. First, we discuss the properties of various MCMC samplers that are obtained from full conditional Gibbs sampling by grouping and collapsing.(...)
Persistent link: https://www.econbiz.de/10005844781