Resource title

Macroeconomic performance and inequality: Brazil 1983-94

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Resource description

We examine how macroeconomic performance, mainly in the role of inflation, affected earnings inequality during the 1980 s and early 90 s in regional Brazil. The evidence shows that the high and volatile inflation rates existent at the time, combined with incomplete indexation coverage, had a regressive and significant effect on inequality. The results, based on panel time series T>N data and analysis, are robust for different concepts of inflation, inequality measures, estimators and specifications. Hence, sound macroeconomic policies, which keep inflation low and stable in the long run, are to be a necessary first step of any policy implemented to alleviate high inequality, and improve welfare in Brazil.

Resource author

Manoel F. Meyer-Bittencourt

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/27420

Resource license

Adapt according to the presented license agreement and reference the original author.