Do the rich save more in Latin America?

Abstract

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Household Education Spending in Latin America and the Caribbean: Evidence from Income and Expenditure Surveys

“…This is consistent with evidence that saving rates are higher in the top of the income distribution (see Gandelman, 2015). In addition, our estimates of Gini of income are consistent with those of WDI, which is a check of the reasonability of the results…”

Household Education Spending in Latin America and the Caribbean: Evidence from Income and Expenditure Surveys

“…Our estimates of Gini based on total expenditure show lower levels of inequality than the income-based Gini coefficients. This is consistent with evidence that saving rates are higher in the top of the income distribution (see Gandelman, 2015). In addition, our estimates of Gini of income are consistent with those of WDI, which is a check of the reasonability of the results reported and the quality of the data.…”

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