By Stephan Klasen, Felicitas Nowak-Lehmann
Excessive inequality in earning and resources and protracted poverty proceed to plague Latin the USA and stay a important financial coverage problem for Latin American policymakers. even as, dramatically stronger equipment and knowledge enable researchers to research those difficulties and the way they're suffering from fiscal coverage. during this booklet, specialists on Latin American financial affairs use those new techniques to check the dynamics of poverty and inequality in Latin the US and the facility of coverage to deal with them. individuals first learn the old evolution of inequality in Latin the US, interpreting such themes because the origins of inequality in colonial land distribution, the influence of academic possibilities on gains inequality in Brazil, and racial discrimination in Brazil's hard work marketplace. participants then use refined panel facts ideas to investigate the local dynamics of poverty and inequality in Peru and Brazil, contemplating no matter if there are spatial poverty traps and, if that is so, what determines such traps. eventually, individuals use cutting edge impression review and modeling suggestions to check particular coverage matters: devaluation and dollarization in Bolivia, the Oportunidades conditional money move software in rural Mexico, and the distributional influence of Brazil's tax-benefit procedure. Contributors : Rozane Bezerra de Siqueira, Jere R. Behrman, Denis Cogneau, Philippe De Vreyer, Ewout Frankema, Jérémie Gignoux, Javier Herrera, Herwig Immervoll, Stephan Klasen, Phillippe G. Leite, Horacio Levy, Sandrine Mesplé-Somps, José Ricardo Nogueira, Felicitas Nowak-Lehmann, Cathal O'Donoghue, Susan W. Parker, Rainer Schweickert, Gilles Spielvogel, Rainer Thiele, Petra E. Todd, Manfred Wiebelt CESifo Seminar sequence
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Extra info for Poverty, Inequality, and Policy in Latin America (CESifo Seminar Series)
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The accumulation of land was part of a deliberate Church policy to express and consolidate this unique position. And second, in Spain and Portugal landownership was the exclusive and ultimate key to social mobility and the acquisition of (noble) titles, more than in other European motherlands. Indeed, in the land inequality ﬁgures of both mother countries the traits of medieval feudalism are still visible. The long-run impact of land inequality on income inequality has to be separated into a direct effect (the share of rural inequality in total inequality) and an indirect effect related to path-dependent effects of initial land inequality on the distribution of non-land assets.
Poverty, Inequality, and Policy in Latin America (CESifo Seminar Series) by Stephan Klasen, Felicitas Nowak-Lehmann