Productivity, social expenditure and income distribution in Latin America

@inproceedings{Cimoli2015ProductivitySE,
  title={Productivity, social expenditure and income distribution in Latin America},
  author={Mario Cimoli and Ant{\'o}nio Jos{\'e} Rocha Martins and Gianluca Porcile and Fernando Sossdorf},
  year={2015}
}
This paper discusses the role of institutions and structural change in shaping income inequality. It is argued that while social expenditure and direct redistribution are crucial for improving income distribution, sustainable equality requires structural change to create decent jobs. The relative importance of these variables in different countries is analyzed and a typology suggested. It is argued that the most equal countries in the world combine strong institutions in favor of redistribution… CONTINUE READING

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