Top Incomes in Chile using 50 years of household surveys: 1957-2007
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| Format: | Artículo científico |
| Sprache: | en |
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Universidad de Chile
2011
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| _version_ | 1876455834423132160 |
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| author | Claudia Sanhueza |
| author_facet | Claudia Sanhueza |
| contents | Top Incomes in Chile using 50 years of household surveys: 1957-2007 Claudia Sanhueza Ricardo Mayer Economía y Finanzas Income mobility Income distribution Using household surveys that cover more th3n 50 ye3rs of the political 3nd economic history of Chile, we investigate changes in the shape of the distribution of income in Chile, and in the composition of top 10% and top 1% incomes. In line with international evidence, top incomes concentration appears to be countercyclical in the short run. For the entire length of this survey, this concentration shows roughly an inverted U-shape, peaking at the end of the 80s. These changes correspond approximately with different economic policy regimes prevailing in Chile. We observe important changes in the composition of top income groups related to greater relative importance of women, employees and college schooling levels. These changes are stronger for the top 10% than the top 1% of incomes. Additionally, using a national level panel of households for the period 1996-2006 we explore correlations between probabilities of permanence and arrival to the top decile with variables such as composition of the household, ownership of physical and human assets, job quality and changes in the numbers of household members working in the labor market. 2011 artículo científico 0304-2758 https://www.redalyc.org/articulo.oa?id=22120872007 en http://www.redalyc.org/revista.oa?id=221 Estudios de Economía application/pdf Universidad de Chile Estudios de Economía (Chile) Num.1 Vol.38 |
| format | Artículo científico |
| id | redalyc_22120872007 |
| institution | Redalyc |
| language | en |
| publishDate | 2011 |
| publisher | Universidad de Chile |
| spellingShingle | Top Incomes in Chile using 50 years of household surveys: 1957-2007 Claudia Sanhueza Economía y Finanzas Income mobility Income distribution Top Incomes in Chile using 50 years of household surveys: 1957-2007 Claudia Sanhueza Ricardo Mayer Economía y Finanzas Income mobility Income distribution Using household surveys that cover more th3n 50 ye3rs of the political 3nd economic history of Chile, we investigate changes in the shape of the distribution of income in Chile, and in the composition of top 10% and top 1% incomes. In line with international evidence, top incomes concentration appears to be countercyclical in the short run. For the entire length of this survey, this concentration shows roughly an inverted U-shape, peaking at the end of the 80s. These changes correspond approximately with different economic policy regimes prevailing in Chile. We observe important changes in the composition of top income groups related to greater relative importance of women, employees and college schooling levels. These changes are stronger for the top 10% than the top 1% of incomes. Additionally, using a national level panel of households for the period 1996-2006 we explore correlations between probabilities of permanence and arrival to the top decile with variables such as composition of the household, ownership of physical and human assets, job quality and changes in the numbers of household members working in the labor market. 2011 artículo científico 0304-2758 https://www.redalyc.org/articulo.oa?id=22120872007 en http://www.redalyc.org/revista.oa?id=221 Estudios de Economía application/pdf Universidad de Chile Estudios de Economía (Chile) Num.1 Vol.38 |
| title | Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
| topic | Economía y Finanzas Income mobility Income distribution |
| url | https://www.redalyc.org/articulo.oa?id=22120872007 |