|RELATED TOPICS:||Poverty Reduction and Labor|
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This paper presents a comparative overview of mobility patterns in 14 Latin American countries between 1992 and 2003. Using three alternative econometric techniques on constructed pseudo-panels, the paper provides a set of estimators for the traditional notion of income mobility as well as for mobility around extreme and moderate poverty lines. The estimates suggest very high levels of time-dependent unconditional immobility for the Region. However, the introduction of socioeconomic and personal factors reduces the estimate of income immobility by around 30 percent. There are also large variations in country-specific income mobility (estimated to explain some additional 10 percent of inter-temporal income variation). Analyzing the determinants of changes in poverty incidence within cohorts revealed statistically significant roles for age, gender and, to a lesser degree, education of the household head and dwelling characteristics.
This paper compares objective and subjective definitions of the middle-class using data from the 2007 World Gallup Poll. Seven objective income-based definitions of social class are contrasted with a self-perceived social status measure. Mismatches between the objective and subjective classifications are largest when the objective definition is based on median incomes. Mismatches arise because sel ... (View publication)
This issue of IDEA examines some of the issues surrounding early childhood development in Latin America and the Caribbean, and why government should be involved in what would seem to be a family affair. It draws on the 2015 edition of the IDB’s flagship series, Development in the Americas, entitled The Early Years: Child Well-Being and the Role of Public Policy, by Samuel Berlinski and Norbert Sch ... (View publication)
This synopsis reviews the arguments in favor of a larger role for public policy in determining the well-being of young children. It explains where the region is in terms of child well-being today, how it should go about improving public programs, and the institutional challenges to implementing those programs. Together, this synopsis and the table of contents provide just a taste of the rich ... (View publication)
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