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Publications (6)
Blog
– Mobility and Vulnerability in Latin America and the Caribbean
Luis-Felipe Lopez-Calva [1] The concept of social class and specifically middle class, has been widely discussed in sociology and other social sciences, but mostly ignored in modern economics. In practice, the middle class has been defined in terms of income, consumption patterns, occupational...
Working Paper
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Using panel datasets from Mexico and Chile for the 2000s, we examine the determinants of middle-class intra-generational mobility. We define the middle class by means of a latent index of economic wellbeing that is less sensitive to short-term fluctuation and measurement error than standard measures...
Book Chapter
From the book:
The Role of Elites in Economic Development
Working Paper
pdf
– The Chilean Experience, 1973-2010
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and social...
Blog
Annett Victorero Latin America has for a long time been synonymous with high inequality, economic instability and authoritarian politics. However, over the last ten years, the region has started to show considerable improvement in all of these areas. Growth has been sustained, the region has...
Working Paper
pdf
An elite derives its status from its relationship to property, whether physical or human capital. While stable property rights are necessary for everyday business, unstable property rights that result in major institutional changes (such as land reform) may have a positive impact on economic...
Displaying 6 of 6 results