Inequality, inflation, cycles and crisis in Chile
We analyze the effects of macroeconomic fluctuations, as well as episodes of financial instability and inflation, on inequality indicators in Chile for the period 1960-2014. The relationship between episodes of crisis and fluctuations on levels of inequality are estimated from an event study, findin...
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Universidad de Chile
2017-10-01
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Series: | Estudios de Economía |
Online Access: | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/47524 |
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doaj-a98325817ac4474d8775858ff6f891e32020-11-24T21:44:56ZengUniversidad de ChileEstudios de Economía0304-27580718-52862017-10-0144218522147524Inequality, inflation, cycles and crisis in ChilePablo García0Camilo Pérez N.1Banco Central de ChileBanco Central de ChileWe analyze the effects of macroeconomic fluctuations, as well as episodes of financial instability and inflation, on inequality indicators in Chile for the period 1960-2014. The relationship between episodes of crisis and fluctuations on levels of inequality are estimated from an event study, finding that they are related to fluctuations in inequality. In addition, we perform econometric estimates where inequality indicators relate to different macroeconomic variables and educational performance. The main conclusions are that banking and inflation crises, as well as periods of severe cyclical contractions, tend to increase the levels of inequality in Chile.https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/47524 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Pablo García Camilo Pérez N. |
spellingShingle |
Pablo García Camilo Pérez N. Inequality, inflation, cycles and crisis in Chile Estudios de Economía |
author_facet |
Pablo García Camilo Pérez N. |
author_sort |
Pablo García |
title |
Inequality, inflation, cycles and crisis in Chile |
title_short |
Inequality, inflation, cycles and crisis in Chile |
title_full |
Inequality, inflation, cycles and crisis in Chile |
title_fullStr |
Inequality, inflation, cycles and crisis in Chile |
title_full_unstemmed |
Inequality, inflation, cycles and crisis in Chile |
title_sort |
inequality, inflation, cycles and crisis in chile |
publisher |
Universidad de Chile |
series |
Estudios de Economía |
issn |
0304-2758 0718-5286 |
publishDate |
2017-10-01 |
description |
We analyze the effects of macroeconomic fluctuations, as well as episodes of financial instability and inflation, on inequality indicators in Chile for the period 1960-2014. The relationship between episodes of crisis and fluctuations on levels of inequality are estimated from an event study, finding that they are related to fluctuations in inequality. In addition, we perform econometric estimates where inequality indicators relate to different macroeconomic variables and educational performance. The main conclusions are that banking and inflation crises, as well as periods of severe cyclical contractions, tend to increase the levels of inequality in Chile. |
url |
https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/47524 |
work_keys_str_mv |
AT pablogarcia inequalityinflationcyclesandcrisisinchile AT camiloperezn inequalityinflationcyclesandcrisisinchile |
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