Functional inequality in Latin America: news from the twentieth century

This paper presents a new consistent yearly series of gross income (between-group) inequality Ginis for four occupational categories in Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela over the period 1900-2011 using a newly assembled wage dataset. The approach used differentiates labour b...

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Main Author: Astorga, P
Format: Working paper
Published: University of Oxford 2015
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author Astorga, P
author_facet Astorga, P
author_sort Astorga, P
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description This paper presents a new consistent yearly series of gross income (between-group) inequality Ginis for four occupational categories in Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela over the period 1900-2011 using a newly assembled wage dataset. The approach used differentiates labour by skill level and allows for changing allocation of the labour force over time. Profits and rents are calculated as a residual. Our regional Gini shows a changing secular process with a reclined "S" shape with an inflection point around 1940 and a peak in the 1990s. There are mixed country trends in the early and middle decades, but in most cases inequality was on the rise in the 1960s. There was also a tendency for narrowing wage inequality in the middle decades of the last century - at the time of the Great Levelling in the developed economies - but whose impact was more than off-set by a rising share of the top group. Inequality in the 20th century is a story of increased polarisation - particularly post 1970 - amid significant social mobility.
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spelling oxford-uuid:1fbe3560-b3ed-4295-a892-8743896355a32022-03-26T11:23:43ZFunctional inequality in Latin America: news from the twentieth centuryWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:1fbe3560-b3ed-4295-a892-8743896355a3Bulk import via SwordSymplectic ElementsUniversity of Oxford2015Astorga, PThis paper presents a new consistent yearly series of gross income (between-group) inequality Ginis for four occupational categories in Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela over the period 1900-2011 using a newly assembled wage dataset. The approach used differentiates labour by skill level and allows for changing allocation of the labour force over time. Profits and rents are calculated as a residual. Our regional Gini shows a changing secular process with a reclined "S" shape with an inflection point around 1940 and a peak in the 1990s. There are mixed country trends in the early and middle decades, but in most cases inequality was on the rise in the 1960s. There was also a tendency for narrowing wage inequality in the middle decades of the last century - at the time of the Great Levelling in the developed economies - but whose impact was more than off-set by a rising share of the top group. Inequality in the 20th century is a story of increased polarisation - particularly post 1970 - amid significant social mobility.
spellingShingle Astorga, P
Functional inequality in Latin America: news from the twentieth century
title Functional inequality in Latin America: news from the twentieth century
title_full Functional inequality in Latin America: news from the twentieth century
title_fullStr Functional inequality in Latin America: news from the twentieth century
title_full_unstemmed Functional inequality in Latin America: news from the twentieth century
title_short Functional inequality in Latin America: news from the twentieth century
title_sort functional inequality in latin america news from the twentieth century
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