1945

The effect of reform and growth on distribution of family income

The previous chapters provided a preliminary look at the evidence on levels and changes in income distribution and proposed some hypotheses about causal relations with macroeconomic variables such as growth, inflation, reform policies and the distribution of assets, particularly land and education. This chapter reports on an econometric attempt to uncover systematic relations between all of these variables and the distribution of family income, using all the evidence that could be assembled from a pooled cross-sectional time series of 16 countries in the region.

Related Subject(s): Economic and Social Development
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