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The growth-employment-poverty nexus in Latin America in the 2000s: Chile country study

Guillermo Cruces, Fields Gary S., David Jaume () and Mariana Viollaz ()

No 72, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: During the 2000s Chile achieved rapid economic growth and improved most labour market indicators: the unemployment rate fell; the mix of employment by occupational position and sector improved; the educational level of the employed population, the percentage of registered workers, and labour earnings increased; and all poverty and inequality indicators decreased. The economy suffered a recession during the international crisis of 2008, but recovered quickly. Some labour market indicators were negatively affected by the crisis. The unemployment rate was the only indicator that did not return to its pre-crisis level by the end of the period studied.

Keywords: Economic growth; Income distribution; Labor market; Poverty; Public welfare (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lam and nep-ltv
Date: 2015
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