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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Autores principales: Sanhueza,Claudia, Mayer,Ricardo
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2011
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862011000100007
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spelling 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
institution Scielo Chile
collection Scielo Chile
language English
topic Income distribution
Income mobility
spellingShingle 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
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