Abstract
Distribution of factorial income, personal income, and wealth in Peru is highly inequitable. In the 1960s, wage share was higher than at international average. It improved from the 1990s onwards, but without reaching previous levels. The corrected Gini personal income coefficient exceeded the official trend. The levels of inequality in productive wealth and assets distribution were higher than those of personal income distribution, in accordance with the international literature on the subject. A proxy of wealth distribution was elaborated, one which factored in both natural persons’ and businesses’ bank deposits in the national financial system. Some of the results are then compared with those of other Latin American economies.
| Translated title of the contribution | Factorial, personal, and wealth inequality in Peru, 1950-2016 |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 31-58 |
| Number of pages | 28 |
| Journal | Problemas del Desarrollo |
| Volume | 50 |
| Issue number | 197 |
| DOIs | |
| State | Published - 4 Apr 2019 |
Bibliographical note
Publisher Copyright:© 2019 Universidad Nacional Autonoma de Mexico. All rights reserved.
Keywords
- Factorial distribution of income
- Financial system
- Gini coefficient
- Personal income
- Wealth distribution
