Top Incomes in Chile using 50 years of household surveys: 1957-2007
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 appea...
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Universidad de Chile. Departamento de Economía
2011
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oai:scielo:S0718-528620110001000072011-07-25Top Incomes in Chile using 50 years of household surveys: 1957-2007Sanhueza,ClaudiaMayer,Ricardo Income distribution Income mobility 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.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.38 n.1 20112011-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862011000100007en10.4067/S0718-52862011000100007 |
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Scielo Chile |
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English |
topic |
Income distribution Income mobility |
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Income distribution Income mobility Sanhueza,Claudia Mayer,Ricardo Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
description |
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. |
author |
Sanhueza,Claudia Mayer,Ricardo |
author_facet |
Sanhueza,Claudia Mayer,Ricardo |
author_sort |
Sanhueza,Claudia |
title |
Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
title_short |
Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
title_full |
Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
title_fullStr |
Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
title_full_unstemmed |
Top Incomes in Chile using 50 years of household surveys: 1957-2007 |
title_sort |
top incomes in chile using 50 years of household surveys: 1957-2007 |
publisher |
Universidad de Chile. Departamento de Economía |
publishDate |
2011 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862011000100007 |
work_keys_str_mv |
AT sanhuezaclaudia topincomesinchileusing50yearsofhouseholdsurveys19572007 AT mayerricardo topincomesinchileusing50yearsofhouseholdsurveys19572007 |
_version_ |
1714205038720581632 |