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Ensayos. Revista de economía
versão On-line ISSN 2448-8402
Resumo
RUIZ HERNANDEZ, María del Rosario e GATICA, Leonardo Adalberto. The Effects of the Great Recession on the Income Distribution in Mexico. Ens. Rev. econ. [online]. 2021, vol.40, n.1, pp.55-88. Epub 27-Set-2021. ISSN 2448-8402. https://doi.org/10.29105/ensayos40.1-3.
In this paper, we explore the impact of the Great Recession on income inequality in Mexico. We analyze three different dimensions of household income: wages and salaries, earnings, and monetary income. We found that the negative effect of the downturn on household income inequality is mainly observed in monetary income, but not for wages and salaries. This divergence is explained by the significant contraction of business income that disproportionately affected the top 10 percent of households compared to the bottom 40 percent. Business income losses slightly reduced earnings inequality. We also found heterogeneous regional effects, some of them opposed to the national average.
Palavras-chave : Mexico; Great Recession; Income distribution; Inequality; D30; D31; O11.