Economics at your fingertips  

Declining inequality in Latin America: structural shift or temporary phenomenon?

Miguel Székely and Pamela Mendoza

Oxford Development Studies, 2017, vol. 45, issue 2, 204-221

Abstract: Latin America has been traditionally characterized as a region with high levels of income inequality. Since the early 2000s, however, inequality has started to decline in most countries, basically due to an expansion of the income share of the poorest deciles at the expense of the richest 10%. This paper addresses the question of whether the improvements are driven by long-term secular trends or structural changes which could be expected to continue to generate inequality-reducing effects for years to come; or alternatively, if the changes are driven by short-term variables which could move unexpectedly in the opposite direction and reverse the gains observed so far. From our statistical analysis, we conclude that the improvements are associated with both long- and short-term factors – with the short-term factors recently having greater inequality-reducing changes.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Oxford Development Studies is currently edited by Jo Boyce and Frances Stewart

More articles in Oxford Development Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2018-11-10
Handle: RePEc:taf:oxdevs:v:45:y:2017:i:2:p:204-221