The Microeconomics of Inequality, Poverty and Market Liberalizing Reforms

Rafael De Hoyos

No RP2005-63, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper illustrates how the use of microeconometric techniques can be used to uncover the micro dynamics behind macro shocks. Using Mexican micro data we find out that—controlling for everything else—between 1994 and 1998 returns to personal characteristics in the tradable sector increased particularly those of skilled labourers. By the year 2000 the positive shock upon the tradable sector vanishes with returns to personal characteristics converging to the levels observed in the non-tradable sector.

Keywords: Equality and inequality; Income distribution; Labour demand; Poverty (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (9)

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