Income distribution, human capital and economic growth in Colombia

Colombian income distribution has followed a clear path during the last two decades: in the second half of the 1970s, human capital accumulation reduced the dispersion of income distribution, and lead to a period of stagnation between 1983 and 1990, when mobility declined. After the structural reforms (a skill-bias technological change), the wage differential for skilled workers increased inequality by a polarization in the bi-modal distribution of income. These topics are discussed in the paper along some dynamic aspects of income and educational mobility in Colombia. (C) 2001 Published by Elsevier Science B.V.