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Social and Behavioral Sciences Commons

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Economics

Selected Works

Gary S Fields

2008

Growth

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Income Mobility In Latin America, Gary S. Fields, Robert Duval Hernández, Samuel Freije Rodríguez, María Laura Sánchez Puerta Jan 2008

Income Mobility In Latin America, Gary S. Fields, Robert Duval Hernández, Samuel Freije Rodríguez, María Laura Sánchez Puerta

Gary S Fields

[Excerpt] In the last decades Latin American countries have experienced substantial macroeconomic instability. While the region as a whole experienced economic growth during most of the 1990’s and 2000’s, there were also years of stagnation as well as economic decline.


Earnings Mobility In Argentina, Mexico, And Venezuela: Testing The Divergence Of Earnings And The Symmetry Of Mobility Hypotheses, Gary S. Fields, Robert Duval Hernández, Samuel Freije Rodríguez, María Laura Sánchez Puerta Jan 2008

Earnings Mobility In Argentina, Mexico, And Venezuela: Testing The Divergence Of Earnings And The Symmetry Of Mobility Hypotheses, Gary S. Fields, Robert Duval Hernández, Samuel Freije Rodríguez, María Laura Sánchez Puerta

Gary S Fields

This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the smallest earnings losses; this is the “divergent mobility” hypothesis. We also compare periods of positive economic growth with those of negative economic growth, asking whether those groups of individuals that experience large positive earnings gains when the economy is growing are the same as those that experience large earnings losses when the economy is contracting; this …