The Microeconomics of Income Distribution Dynamics in East Asia and Latin America
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Washington, DC: World Bank and Oxford University Press
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This volume presents a collection of
studies on the dynamics of income inequality based on micro
data. Using a simple but powerful empirical methodology, the
authors analyze the roles of prices, occupational choice,
and educational choice in accounting for household income
and its contribution to inequality. It casts doubt on the
grand theories of growth and income inequality that have
dominated discussions in development economics. It paves the
way for a full-blown, micro-based general equilibrium theory
of income determination and income inequality.
Palabras clave
INCOME DISTRIBUTION, ECONOMIC DEVELOPMENT, ECONOMIC ACTIVITY, AGRICULTURE, INDUSTRY, SERVICES, PRODUCTION, TRENDS, SHOCKS, POPULATION, ECONOMIC BEHAVIOR, EMPLOYMENT, HUMAN CAPITAL, INCOME DISTRIBUTION, DEVELOPMENT, CAPITAL ACCUMULATION, INEQUALITY, EDUCATION, WORKERS, METHODOLOGY, OUTCOMES, GROSS DOMESTIC PRODUCT, GROWING ECONOMIES, GENDER, EDUCATION, HOUSEHOLDS, POPULATION, OWNERSHIP, FINANCIAL ASSETS, PRODUCTION, UNEMPLOYMENT