Human Capital and Income Concentration in Brazil

Mirta N. S. Bugarin

Chapter 11 in Economic Development in Latin America, 2010, pp 163-175 from Palgrave Macmillan

Abstract: Abstract High income concentration and poverty in Brazil have been intensively studied by Paes de Barros et al. (2000a; 2000b). In their words, “… Brazil is not a poor country, but a country with too many poor people ….” Their careful research clearly shows that high poverty rates are the result mainly of the high concentration of income and “unequal opportunities for social and economic inclusion.” Although international comparisons show that between 1978 and 1998 almost 70 percent of countries have a per capita income below Brazil’s, 10 percent of the richest families in the country have access to 50 percent of the aggregate family income, whereas 50 percent of the poorest households have only 10 percent of the same aggregate income.

Keywords: Human Capital; Income Distribution; Capital Stock; Dynamic Stochastic General Equilibrium; Minimum Income (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29738-8_11

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DOI: 10.1057/9780230297388_11

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