Education or Inflation ?
نویسندگان
چکیده
This paper investigates possible explanations for the increases in inequality observed in Brazil during the 1980s. While the static decomposition of inequality by household characteristics reveal that education and race of the household head, as well as geographic locations, can account for a substantial proportion of inequality levels, a dynamic decomposition suggests that changes in inequality are not explained by income or allocation effects across these groupings, but by pure within-group inequality effects. The analysis then turns to the role of macroeconomic instability, and finds some significant correlation and regression coefficients which suggest a link between inflation and inequality, while poverty appears to be more strongly driven by real wages, growth and employment.
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