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We analyse intergenerational persistence in income and education in Chile and Peru for birth cohorts of the early 1950s to 1990. Both countries have seen a structural expansion of education over this period and decreasing income inequality in recent decades. We impute non-observed parental...
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Using decomposition methods, we analyse the role of the changing nature of work in explaining changes in employment, wage inequality, and job polarization in Chile from 1992 to 2017. Changes in occupational structure confirm a displacement of workers from low-skill occupations towards jobs...
Persistent link: https://www.econbiz.de/10012483436
This paper describes the structural transformations that Chile has experienced in the last 50 years and how they have contributed-or not-to inclusive growth and genuine economic modernization from a historical perspective. The empirical analysis of the paper shows a premature deindustrialization...
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This Element examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the 19th century to the present and...
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Inequality is bad per se and has adverse effects, among other things, on economic development and the environment. It is also often argued that high and increasing inequalities put societies under stress, which increases the likelihood of social conflicts. However, the literature on this topic...
Persistent link: https://www.econbiz.de/10013469731
In spite of large structural expansions in higher education in Chile and Peru during the 1980s and 1990s, and a favourable growth context, levels of inequality are still very high in both countries and inequities in higher education persist. This paper investigates the role that higher education...
Persistent link: https://www.econbiz.de/10012662267