期刊名称:Discussion Papers / Ibero America Institute for Economic Research (IAI)
出版年度:2007
卷号:2007
出版社:Ibero America Institute for Economic Research
摘要:We examine how macroeconomic performance, mainly in the role of high rates of
inflation, affected earnings inequality in the 1980s and early 1990s in Brazil.
The results–based initially on national timeseries, and then on the relatively
novel sub-national panel time-series T N data and analysis–show that the
extreme inflation, combined with the incomplete indexation coverage seen at the
time, had a regressive and significant impact on inequality. Thus, sound
macroeconomic policies, which keep inflation low and stable in the long run, are
to be a necessary first step of any policy package implemented to alleviate
inequality in Brazil.