Artículos de revistas
Top Incomes in Chile 1957-2007: Evolution and Mobility
Registro en:
Documentos de Investigación 235: 2009, p. 1-30
Autor
Sanhueza, Claudia
Mayer, Ricardo
Institución
Resumen
Using household surveys that cover more than 50 years of the political and economic
history of Chile, we investigate changes in the shape and in the composition of the
distribution of income in Chile, in particular of top 10 % and top 1% incomes. In line
with international evidence top income 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 models 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 active persons in the labor
market.