This paper combines development and growth accounting exercises with economic theory to estimate the relative importance of total factor productivity and the accumulation of factors of production in the economic development performance of Latin America. The region’s development performance is...

This paper studies intergenerational social mobility in Latin America. We show that persistence in educational achievements across generations is high compared to other parts of the world. That is, not only is the income distribution in Latin America highly unequal, but profound differences in...