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Earnings Mobility in Times of Growth and Decline: Argentina from 1996 to 2003

Gary Fields () and Maria Sanchez Puerta ()

No RP2008-06, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In recent years, the economy of Argentina has experienced both rapid economic growth and severe economic decline. In this paper, we use a series of one-year long panels to study who gained the most in pesos when the economy grew and who lost the most in pesos when the economy contracted. To answer these questions, we test two hypotheses both unconditionally and conditionally. The 'divergence of earnings' hypothesis holds that in any given year, the highest earning individuals are those who experienced the largest earnings gains or the smallest earnings losses in pesos.

Keywords: Economic development; Equality and inequality; Finance; Household survey; Income distribution (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-dev, nep-lab, nep-lam and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Earnings Mobility in Times of Growth and Decline: Argentina from 1996 to 2003 (2010) Downloads
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