Format:
1 Online-Ressource (circa 34 Seiten)
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ISBN:
9781484324776
Series Statement:
IMF working paper WP/17, 225
Content:
In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households' survey. We adjust the state-Gini coefficients for spatial price differences using information on households' rental prices available in the survey. In a panel regression framework, we find that labor income growth, formalization, and schooling contributed to the decline in inequality during 2004-14, but redistributive policies, such as Bolsa Familia, have also played a positive role. Going forward, it will be important to phase out untargeted subsidies, such as public spending on tertiary education, and contain growth of public sector wages, to improve budgetary efficiency and protect gains in equality
Additional Edition:
Erscheint auch als Druck-Ausgabe Góes, Carlos Inequality in Brazil: A Regional Perspective Washington, D.C. : International Monetary Fund, 2017 ISBN 9781484324776
Language:
English
Keywords:
Arbeitspapier
;
Graue Literatur
DOI:
10.5089/9781484324776.001
URL:
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