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The ‘paradox of progress’ is an empirical regularity that associates more education with larger income inequality. Two driving and competing factors behind this phenomenon are the convexity of the ‘Mincer equation’ (that links wages and education) and the heterogeneity in its returns, as...
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We present a detailed description of the drastic changes in many aspects of the distribution of income in Argentina, complementing a recent study by Gasparini and Cruces (2009), who focus mostly on inequality. We use modern descriptive tools to provide a complete map of the changes in many...
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