We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
MACROECONOMIC PERFORMANCE AND INEQUALITY: BRAZIL, 1983–94.
- Authors
BITTENCOURT, Manoel
- Abstract
We examine how poor macroeconomic performance, mainly in terms of high rates of inflation, affected earnings inequality in the 1980s and early 1990s in Brazil. The results, based initially on aggregate time series, and then on sub-national panel time-series data and analysis, show that the extreme inflation, combined with an imperfect process of financial adaptation and incomplete indexation coverage, had a regressive and significant impact on inequality. The implication of the results is that sound macroeconomic policies, which keep inflation low and stable in the long run, should be a necessary first step of any policy package implemented to alleviate inequality in Brazil.
- Subjects
BRAZIL; ECONOMIC conditions in Brazil, 1918-; PRICE inflation; EQUALITY; MACROECONOMICS; TIME series analysis; WAGES; ECONOMIC policy
- Publication
Developing Economies, 2009, Vol 47, Issue 1, p30
- ISSN
0012-1533
- Publication type
Article
- DOI
10.1111/j.1746-1049.2009.00075.x