TY  - BOOK
AU  - Canavire-Bacarreza, Gustavo
AU  - Rioja,Félix
ED  - Conferencia Interamericana de Seguridad Social
ED  - Universidad Iberoamericana. Ciudad de México
TI  - Financial development and the distribution of income in Latina America and the Caribbean
SN  - 1870-2961
U1  - REV WSP No.8 
PY  - 2009///
CY  - México
PB  - CISS, UIA
KW  - Seguridad social
KW  - Publicaciones periódicas
KW  - México
KW  - Desarrollo económico
KW  - Caribe
KW  - Distribución del ingreso
N1  - Título en español: Desarrollo financiero y la distribución del ingreso en América Latina y el Caribe; Bibliografía p.
N2  - One of the central concerns in Latin America an the Caribbean (LAC) has been the reduction of poverty and inequality so prevalent in the continent. Using large world samples, the literature has found that financial development increases economic growth, increases the income of the poor, and reduces inequality. This paper studies the effects of financial development on the whole distribution of income in LAC. We find that the income of the poorest quintile has not been affected by expansion in the financial system. However, we do find that financial development has had a disproportionate positive effect on the incomes of the second, third and fourth quintiles. We also find some evidence for the Greenwood-Jovanovic (1991) hypothesis that this positive effect only begins after a country crosses a certain  economic development threshold
UR  - http://162.222.203.113/Analiticas/ADISS2016-382.pdf
ER  -