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This paper analyses the viability, implications and challenges of expanding the Latin American Reserve Fund (FLAR) to Argentina, Brazil, Chile, Mexico and Paraguay. A regional reserve fund should be viewed as one of a broad range of mechanisms offered by the international financial architecture t...


Titelman Kardonsky, DanielVera, CeciliaCarvallo, PabloPérez Caldentey, EstebanA regional reserve fund for Latin America

The aim of this paper is to evaluate the effects of the Bolsa Família family conditional cash transfer programme (PBF) on beneficiary families' spending on food, fruit, meat and fish, poultry and eggs, green vegetables, cereals and oilseed products, flours and pastas, tuber and root vegetables, s...


Ferrario, Marcela NogueiraThe impacts on family consumption of the Bolsa Família subsidy programme

This study uses the capability approach to undertake a multidimensional analysis of deprivation in urban areas of Brazil between 2003 and 2008 based on a four-dimensional index (living conditions, health, level of education and participation in the labour market) constructed out of 13 different i...


Machado, Ana FláviaGolgher, Andre BrazAntigo, MarianelaDeprivation viewed from a multidimensional perspective: The case of Brazil

The Human Development Index (HDI) is an indicator designed to track the development of countries in respect of three dimensions of development: health, education and income. Since it was first published in 1990, great efforts have been made to improve hdi, which, as has been stressed on numerous ...


Salas-Bourgoin, María AndreinaA proposal for a modified Human Development Index

Despite its importance, the literature on wage differentials between public- and private-sectors employees in Latin America is sparse. This article analyses the wage gap between the two sectors in Chile, based on monthly longitudinal data obtained from the Social Protection Survey (EPS) for the p...


Navarro, LucasSelman, GabrielaWage differentials between the public and private sectors in Chile: Evidence from longitudinal data

Evidence suggests that labour markets do not clear as posited by conventional microeconomics. The enduring inter-industry wage differentials (IIWD) and employer-size wage differentials (ESWD) present a challenge. Data from the Jamaican private sector reveal that eswd could be the impetus for IIWD...


Mounsey, AllisterJamaica: Employer size and worker remuneration in the private sector

This paper provides empirical evidence to assess the impact of socioeconomic and political variables on different measures of income inequality based on the 27 units of the Brazilian federation in the period from 1999 to 2008. The Brazilian experience is a good example for understanding the incom...


Ferreira de Mendonça, HelderMartins Esteves, DiogoIncome inequality in Brazil: What has changed in recent years?

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